ACC 410Course Real Knowledge / acc410.com

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ACC 410Course Real Knowledge / acc410.com
The Best way to predict the Future is to create
it.....To Best way....
www.acc410.com
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ACC 410Course Real Knowledge / acc410.com
ACC 410 Entire Course For more course tutorials
visit www.acc410.com ACC 410 Week 1 DQ 1 Internal
vs. External Audit Staffs ACC 410 Week 1 DQ 2
Audit Reports ACC 410 Week 1 Assignment Generally
Accepted Auditing Standards ACC 410 Week 2 DQ 1
Balance Sheet Verification ACC 410 Week 2 DQ 2
Accounting Principles ACC 410 Week 2 Assignment
Analytical Procedures ACC 410 Week 3 DQ 1 Audit
Programs
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ACC 410Course Real Knowledge / acc410.com
ACC 410 Week 1 Assignment Generally Accepted
Auditing Standards For more course tutorials
visit www.acc410.com Generally Accepted Auditing
Standards. Complete problem below and submit to
your instructor. Write under the generally
accepted auditing standards column the specific
standard that was violated and how the action of
Jones resulted in a failure to comply with each
standard. Organize your answer as shown below
specifically with a column for the standard that
was violated and a column for the required
action. Thepapershouldbe 2-3 pages. Problem John
Clinton, owner of Clinton Company, applied for a
bank loan and was informed by the banker that
audited financial statements of the business had
to be submitted before the bank could consider
the loan application.
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ACC 410Course Real Knowledge / acc410.com
ACC 410 Week 1 DQ 1 Internal vs. External Audit
Staffs For more course tutorials
visit www.acc410.com Internal vs. External Audit
Staffs. Spacecraft, Inc., is a large corporation
that is audited regularly by a public accounting
firm but also maintains an internal auditing
staff. Explain briefly how the relationship of
the public accounting firm to Spacecraft differs
from the relationship of the internal auditing
staff to Spacecraft. Do not forget to show the
necessary steps and explain how you attained that
outcome. Respondtoatleasttwoofyourclassmates
postings
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ACC 410Course Real Knowledge / acc410.com
ACC 410 Week 1 DQ 2 Audit Reports For more course
tutorials visit www.acc410.com Audit Reports.
Evaluae the following question If a CPA firm
completes a nonpublic company audit of Adam
Companys financial statements following IACPA
generally accepted auditing standards and is
satisfied with the results of an audit, an
unmodified report may be issued. On the other
hand, if no audit is performed of the current
years financial statements, but the CPA firm has
performed satisfactory audits in prior years, has
confidence in the management of the company, and
makes a quick review of the current years
financial statements, a qualified report may be
issued. Do you agree
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ACC 410Course Real Knowledge / acc410.com
ACC 410 Week 2 Assignment Analytical
Procedures For more course tutorials
visit www.acc410.com Analytical Procedures. In a
2-3 page paper, complete the case below and
submit to instructor. Review the income statement
for Uden Supply Company and answer the
following a. Describe the purpose of analytical
procedures performed in the planning stage of the
audit. b. Uden Supply has projected its 2004
gross profit at 31 of sales despite expectation
for some shrinkage in margins. On the basis of
Uden's operating performance in years 2001 - 2003
project your best guess for 2004. Project 2004
based on the incremental changes for each line
item over the last three years.
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ACC 410Course Real Knowledge / acc410.com
ACC 410 Week 2 DQ 1 Balance Sheet
Verification For more course tutorials
visit www.acc410.com Balance Sheet Verification.
The best means of verification of cash,
inventory, office equipment, and nearly all other
assets is a physical count of the units only a
physical count gives the auditors complete
assurance as to the accuracy of the amounts
listed on the balance sheet. Evaluate this
statement. Remember to complete all parts of the
problems. Do not forget to show the necessary
steps and explain how you attained that outcome.
Respond to at least two of your classmates
postings
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ACC 410Course Real Knowledge / acc410.com
ACC 410 Week 2 DQ 2 Accounting Principles For
more course tutorials visit www.acc410.com Account
ing Principles. Discuss what is meant by the
phrase shopping for accounting principles. What
mechanisms have served to prevent this practice
by management? Remember to complete all parts of
the problems. Do not forget to show the necessary
steps and explain how you attained that outcome
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ACC 410Course Real Knowledge / acc410.com
ACC 410 Week 3 Assignment Internal Control
Case For more course tutorials visit www.acc410.co
m Internal Control Case. Complete Case 18-37 (p.
724-725) and submit to instructor. For each of
the following independent cases state the highest
level of deficiency that you believe the
circumstances represent--a control deficiency, a
significant deficiency, or a material weakness
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ACC 410Course Real Knowledge / acc410.com
ACC 410 Week 3 DQ 1 Audit Programs For more
course tutorials visit www.acc410.com Audit
Programs. All experienced auditors would design
exactly the same audit program for a particular
audit engagement. Do you agree? Explain.
Remember to complete all parts of the problems.
Do not forget to show the necessary steps and
explain how you attained that outcome
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ACC 410Course Real Knowledge / acc410.com
ACC 410 Week 3 DQ 2 Internal Control
Procedures For more course tutorials
visit www.acc410.com Internal Control Procedures.
Describe what is meant by a walk-through. Must
walk-throughs be performed during audits of
internal control over financial reporting? May
the client perform a walk-through and the
auditors then review the clients work? Remember
to complete all parts of the problems. Do not
forget to show the necessary steps and explain
how you attained that outcome
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ACC 410Course Real Knowledge / acc410.com
ACC 410 Week 4 DQ 1 Legal Case For more course
tutorials visit www.acc410.com Legal Case.
Compare the rights of plaintiffs under common law
with the rights of persons who purchase
securities registered under the Securities Act of
1933 and sustain losses. In your answer,
emphasize the issue of who must bear the burden
of proof. Remember to complete all parts of the
problems. Do not forget to show the necessary
steps and explain how you attained that outcome.
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ACC 410Course Real Knowledge / acc410.com
ACC 410 Week 4 DQ 2 Ethics Case For more course
tutorials visit www.acc410.com Ethics Case.
Harris Fell, CPA and member of the AICPA, was
engaged to audit the financial statements of
Wilson Corporation. Fell had half-completed the
audit when he had a dispute with the management
of Wilson Corporation and was discharged. Hal
Compton, CPA, was promptly engaged to replace
Fell. Wilson Corporation did not compensate Fell
for his work to date therefore, Fell refused to
allow Wilson Corporations management to examine
his working papers. Some of the working papers
consisted of adjusting journal entries and
supporting analysis. Wilson Corporations
management had no other source for this
information. Did Fell violate the AICPA Code of
Professional Conduct? Explain fully. Remember to
complete all parts of the problems. Do not forget
to show the necessary steps and ex
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ACC 410Course Real Knowledge / acc410.com
The Best way to predict the Future is to create
it.....To Best way....
www.acc410.com