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ACC 490 EDU Learning for leading/acc490edudotcom

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FOR MORE CLASSES VISIT www.acc490edu.com ACC 490 Week 1 Generally Accepted Auditing Standards Paper ACC 490 Week 1 DQ 1 ACC 490 Week 1 DQ 2 ACC 490 Week 2 Individual Ch. 1 Textbook Exercise – PowerPoint PPT presentation

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Title: ACC 490 EDU Learning for leading/acc490edudotcom


1
ACC 490 EDU Learning for leading/acc490edudotcom
2
ACC 490 EDU Learning for leading
  • ACC 490 Entire Course
  • FOR MORE CLASSES VISIT
  • www.acc490edu.com
  •  
  • ACC 490 Week 1 Generally Accepted Auditing
    Standards Paper
  • ACC 490 Week 1 DQ 1
  • ACC 490 Week 1 DQ 2
  • ACC 490 Week 2 Individual Ch. 1 Textbook Exercise
  • ACC 490 Week 2 Learning Team Auditing,
    Attestation, and Assurance Services Paper
  • ACC 490 Week 2 DQ 1
  • ACC 490 Week 2 DQ 2

3
ACC 490 EDU Learning for leading
  • ACC 490 Week 1 DQ 1
  • FOR MORE CLASSES VISIT
  • www.acc490edu.com
  • Why is public accounting often viewed as a
    guarantor of results, or even as a provider of
    assurance that ones investment is of high
    quality? To what extent is it reasonable to view
    the auditor as a guarantor? Explain. To what
    extent do you believe that user expectations of
    the public accounting profession appear to be
    unwarranted? Explain.

4
ACC 490 EDU Learning for leading
  • ACC 490 Week 1 DQ 2
  • FOR MORE CLASSES VISIT
  • www.acc490edu.com
  • Week 1 DQ 2
  • The Sarbanes-Oxley Act of 2002 has been described
    as the most far-reaching legislation affecting
    business since the passage of the 1933 Securities
    Act. What are the specific portions of the
    legislation that affect the external audit
    profession, and how do they affect the
    profession? How does the legislation affect the
    internal audit profession? What are some
    activities that are implied in the legislation,
    as well as activities that will likely emerge as
    companies implement various provisions of the
    act?

5
ACC 490 EDU Learning for leading
  • ACC 490 Week 1 Generally Accepted Auditing
    Standards Paper
  • FOR MORE CLASSES VISIT
  • www.acc490edu.com
  • Prepare a 700-1,050-word paper in which you
    explain the nature and functions of auditing.
    Relate your explanation to the audit functions in
    your organization, or an organization with which
    you are familiar. In your paper, be sure to
    address the following
  • a. Describe the elements of the Generally
    Accepted Auditing
  • Standards (GAAS).
  • b. Describe how these standards apply to
    financial, operational, and compliance audits.

6
ACC 490 EDU Learning for leading
  • ACC 490 Week 2 DQ 1
  • FOR MORE CLASSES VISIT
  • www.acc490edu.com
  • Week 2 DQ 1
  • Why is public accounting often viewed as a
    guarantor of results, or even as a provider of
    assurance that ones investment is of high
    quality? To what extent is it reasonable to view
    the auditor as a guarantor? Explain. To what
    extent do you believe that user expectations of
    the public accounting profession appear to be
    unwarranted? Explain.
  •  

7
ACC 490 EDU Learning for leading
  • ACC 490 Week 2 DQ 2
  • FOR MORE CLASSES VISIT
  • www.acc490edu.com
  • Week 2 DQ 2
  • The third generally accepted standard of audit
    fieldwork requires that auditors obtain
    sufficient, competent audit evidence to afford a
    reasonable basis for an opinion regarding the
    financial statements under examination. In
    considering what constitutes sufficient,
    competent audit evidence, a distinction should be
    made between underlying accounting data and all
    corroborating information available to the
    auditor. What presumptions can be made about the
    following?

8
ACC 490 EDU Learning for leading
  • ACC 490 Week 2 Individual Ch. 1 Textbook Exercise
  • FOR MORE CLASSES VISIT
  • www.acc490edu.com
  • Resources Ch. 1 of Modern Auditing Assurance
    Services and the Integrity of Financial Reporting
  • Prepare written answers to the following
    assignment from Modern Auditing Assurance
    Services and the Integrity of Financial
    Reporting
  • Ch. 1 Comprehensive Question 1-23
    Organizations Associated with the Public
    Accounting Profession

9
ACC 490 EDU Learning for leading
  • ACC 490 Week 2 Learning Team Auditing,
    Attestation, and Assurance Services Paper
  • FOR MORE CLASSES VISIT
  • www.acc490edu.com
  • Prepare a 1,050- to 1,400-word paper in which you
    compare and contrast auditing, attestation, and
    assurance services. In your paper, address the
    following
  • An example of each type of service
  • Who might request such a service?
  • What standards apply to each service
    and who establishes those standards?

10
ACC 490 EDU Learning for leading
  • ACC 490 Week 3 DQ 1
  • FOR MORE CLASSES VISIT
  • www.acc490edu.com
  • Week 3 DQ 1
  • What are the two types of audit tests? What are
    some examples of each of these two types of
    tests? How will the auditor use the data gathered
    from these tests?

11
ACC 490 EDU Learning for leading
  • ACC 490 Week 3 DQ 2
  • FOR MORE CLASSES VISIT
  • www.acc490edu.com
  • Week 3 DQ 2
  • Why do auditors have to consider the internal
    controls of the organization? What are some key
    elements of internal control? Which are the most
    important? How will the auditor have to modify
    the audit program if the internal controls are
    deemed inadequate to support management
    assertions?

12
ACC 490 EDU Learning for leading
  • ACC 490 Week 3 Individual Ch. 5, 6, and 7
    Textbook Exercises
  • FOR MORE CLASSES VISIT
  • www.acc490edu.com
  • Resources Ch. 5, 6, 7 of Modern Auditing
    Assurance Services and the Integrity of Financial
    Reporting
  • Prepare written answers to the following
    assignments from Modern Auditing Assurance
    Services and the Integrity of Financial
    Reporting.
  • Ch. 5 Comprehensive Questions 5-30
    Assertions
  • Ch. 6 Comprehensive Questions 6-22
    Audit Evidence
  • Ch. 7 Comprehensive Questions 7-22
    Understanding the Entity and its Environment

13
ACC 490 EDU Learning for leading
  • ACC 490 Week 3 Learning Team Assessing
    Materiality and Risk Simulation
  • FOR MORE CLASSES VISIT
  • www.acc490edu.com
  • Resources Assessing Materiality and Risk
    simulation on student website
  • Complete the Assessing Materiality and Risk
    simulation located on the student website.
  • Prepare a 350-word response to following
    questions after completing the simulation
  • Why do certain accounts have to be
    audited 100?
  • Why is materiality allocated only to
    those accounts that are sampled?

14
ACC 490 EDU Learning for leading
  • ACC 490 Week 3 Learning Team Ch. 6 and 7 Textbook
    Exercises
  • FOR MORE CLASSES VISIT
  • www.acc490edu.com
  • Resources Ch. 6 7 of Modern Auditing
    Assurance Services and the Integrity of Financial
    Reporting
  •  
  • Prepare written answers to the following
    assignments from the text Modern Auditing
    Assurance Services and the Integrity of Financial
    Reporting
  •  
  •         Ch. 6 Comprehensive Question 6-26
    Audit Programs and Assertions

15
ACC 490 EDU Learning for leading
  • ACC 490 Week 4 DQ 1
  • FOR MORE CLASSES VISIT
  • www.acc490edu.com
  • Week 4 DQ 1
  • Why do auditors find it necessary to use
    sampling? What are the risks associated with
    sampling?
  • How might these risks affect the audit
    conclusion?
  •  

16
ACC 490 EDU Learning for leading
  • ACC 490 Week 4 DQ 2
  • FOR MORE CLASSES VISIT
  • www.acc490edu.com
  • Week 4 DQ 2
  • How does the auditor evaluate the results of
    audit procedures? What types of qualitative
    factors might the auditor consider when
    encountering an error? How might the results
    affect the audit conclusion?
  •  

17
ACC 490 EDU Learning for leading
  • ACC 490 Week 4 Individual Ch. 8, 10, and 11
    Textbook Exercises
  • FOR MORE CLASSES VISIT
  • www.acc490edu.com
  • Resources Ch. 8, 10, 11 of Modern Auditing
    Assurance Services and the Integrity of Financial
    Reporting
  • Prepare written answers to the following
    assignments from Modern Auditing Assurance
    Services and the Integrity of Financial
    Reporting
  • Ch. 8 Comprehensive Questions 8-16
    Analytical procedures
  • Ch. 10 Comprehensive Questions 10-32
    Components of Internal Control 

18
ACC 490 EDU Learning for leading
  • ACC 490 Week 4 Learning Team Apollo Shoes Case
    Assignment
  • FOR MORE CLASSES VISIT
  • www.acc490edu.com
  • Resources Apollo Shoes Case materials located on
    the student website
  • Complete the Internal Control audit section of
    the case using the Apollo Shoes Case materials,
    available under the Assessment section of Week
    Three on the student website.
  • Review the Planning section, with emphasis on the
    Apollo Accounting and Control Procedures Manual
    and the Apollo Shoes Minutes, before completing
    the Internal Control audit section.

19
ACC 490 EDU Learning for leading
  • ACC 490 Week 5 Individual Ch. 11 and 13 Textbook
    Exercises
  • FOR MORE CLASSES VISIT
  • www.acc490edu.com
  • Resources Ch. 11 13 of Modern Auditing
    Assurance Services and the Integrity of Financial
    Reporting
  • Prepare written answers to the following
    assignments from Modern Auditing Assurance
    Services and the Integrity of Financial
    Reporting
  • Ch. 11 Learning Checks 11-6, 11-8,
    11-9
  • Ch. 13 Learning Check 13-8
  •  
  • .

20
ACC 490 EDU Learning for leading
  • ACC 490 Week 5 Learning Team Audit Sampling Case
    Memo and Presentation
  • FOR MORE CLASSES VISIT
  • www.acc490edu.com
  • Resources Ch. 11 13 of Modern Auditing
    Assurance Services and the Integrity of Financial
    Reporting
  • Prepare written answers to the following
    assignments from Modern Auditing Assurance
    Services and the Integrity of Financial
    Reporting
  • Ch. 11 Learning Checks 11-6, 11-8,
    11-9
  • Ch. 13 Learning Check 13-8
  •  
  • .

21
ACC 490 EDU Learning for leading
  • Thank you
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