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ACC 490 Course Real Knowledge / acc490dotcom

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For more course tutorials visit www.acc490.com ACC 490 Week 1 Generally Accepted Auditing Standards Paper ACC 490 Week 1 DQ 1 ACC 490 Week 1 DQ 2 – PowerPoint PPT presentation

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Title: ACC 490 Course Real Knowledge / acc490dotcom


1
ACC 490 Course Real Knowledge / acc490dotcom
For More Tutorials
www.acc490.com
2
ACC 490 Course Real Knowledge / acc490dotcom
  • ACC 490 Entire Course
  • ACC 490 Week 1 DQ 1
  • 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
  • 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

3
ACC 490 Course Real Knowledge / acc490dotcom
  • ACC 490 Week 1 DQ 2
  • ACC 490 Week 1 Generally Accepted Auditing
    Standards Paper
  • 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,
  • 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.

4
ACC 490 Course Real Knowledge / acc490dotcom
  • ACC 490 Week 2 DQ 1
  • ACC 490 Week 2 DQ 2
  • 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
  • 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

5
ACC 490 Course Real Knowledge / acc490dotcom
  • ACC 490 Week 2 Individual Ch. 1 Textbook Exercise
  • ACC 490 Week 2 Learning Team Auditing,
    Attestation, and Assurance Services Paper
  •  
  • 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
  • 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?

6
ACC 490 Course Real Knowledge / acc490dotcom
  • ACC 490 Week 3 DQ 1
  • ACC 490 Week 3 DQ 2
  • 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?
  •  
  • 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?
  •  

7
ACC 490 Course Real Knowledge / acc490dotcom
  • ACC 490 Week 3 Individual Ch. 5, 6, 7 Textbook
    Exercises
  • ACC 490 Week 3 Learning Team Assessing
    Materiality and Risk Simulation
  • 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
  • Resources Assessing Materiality and Risk
    simulation on student website
  • Complete the Assessing Materiality and Risk
    simulation
  • Resources Assessing Materiality and Risk
    simulation on student website

8
ACC 490 Course Real Knowledge / acc490dotcom
  • ACC 490 Week 4 DQ 1
  • ACC 490 Week 4 DQ 2
  • Why do auditors find it necessary to use
    sampling? What are the risks associated with
    sampling?
  • How might these risks affect the audit conclusion?
  • 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?

9
ACC 490 Course Real Knowledge / acc490dotcom
  • ACC 490 Week 4 Individual Ch. 8, 10, 11
    Textbook Exercises
  • ACC 490 Week 4 Learning Team Apollo Shoes Case
    Assignment
  • 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
  •  
  • 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.

10
ACC 490 Course Real Knowledge / acc490dotcom
  • ACC 490 Week 5 Individual Ch. 11 13 Textbook
    Exercises
  • ACC 490 Week 5 Learning Team Audit Sampling Case
    Memo and Presentation
  • 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
  • Resources Ch. 13 of Modern Auditing Assurance
    Services and the Integrity of Financial Reporting
  •  Prepare a 1,400- to 1,750-word memo to the Audit
    Partner, John Smith, summarizing your findings
    from the following case found in Ch.

11
ACC 490 Course Real Knowledge / acc490dotcom
For More Tutorials
www.acc490.com
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