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ACC 492 Course Success is a Tradition - snaptutorial.com

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For more classes visits www.snaptutorial.com What account balances are included in a revenue and collection cycle? What specific control procedures should be in place and operating in internal control governing revenue recognition and cash accounting? What assertions are made about classes of transactions and events in the revenue and collection cycle? – PowerPoint PPT presentation

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Title: ACC 492 Course Success is a Tradition - snaptutorial.com


1
ACC 492Course Seek Your Dream / snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com
2
ACC 492Course Seek Your Dream / snaptutorial.com
ACC 492 Week 1 DQ 1 For more classes
visits www.snaptutorial.com What account
balances are included in a revenue and collection
cycle? What specific control procedures should be
in place and operating in internal control
governing revenue recognition and cash
accounting? What assertions are made about
classes of transactions and events in the revenue
and collection cycle?
3
ACC 492Course Seek Your Dream / snaptutorial.com
ACC 492 Week 1 DQ 2 For more classes
visits www.snaptutorial.com Why is it important
to place emphasis on the existence and rights
(ownership) assertions when auditing accounts
receivable? Which audit procedures are usually
the most useful for auditing the existence and
rights assertions? What analytical procedures
might be informative regarding the existence
assertion?
4
ACC 492Course Seek Your Dream / snaptutorial.com
ACC 492 Week 1 Individual Assignment Assignments
From the Text For more classes
visits www.snaptutorial.com Resource Ch. 14 of
Modern Auditing Dowload the Adobe Reader
version of Ch. 14 to complete this assignment.
Click on the link for Ch. 14 of Modern
Auditing on the course website. Click
Download eBook on the left-hand side of the
page. Download Ch. 14 of Modern
Auditing Prepare written answers for the
following assignments
5
ACC 492Course Seek Your Dream / snaptutorial.com
ACC 492 Week 2 DQ 1 For more classes
visits www.snaptutorial.com How might a
purchasing manager use his or her position to
defraud the company? What can be done to prevent
it? Where could an auditor look to find evidence
of losses on purchase commitments and unrecorded
liabilities to vendors?
6
ACC 492Course Seek Your Dream / snaptutorial.com
ACC 492 Week 1 DQ 1 For more classes
visits www.snaptutorial.com What account
balances are included in a revenue and collection
cycle? What specific control procedures should be
in place and operating in internal control
governing revenue recognition and cash
accounting? What assertions are made about
classes of transactions and events in the revenue
and collection cycle?
7
ACC 492Course Seek Your Dream / snaptutorial.com
ACC 492 Week 2 DQ 2 For more classes
visits www.snaptutorial.com Why does the auditor
examine travel and entertainment expenses? What
would poor controls regarding executive
reimbursements say about the tone at the top for
purposes of evaluating and reporting on internal
control? How might the auditor effectively use
analytical procedures in the audit of various
expense accounts, such as miscellaneous expenses?
Provide an example of how analytical procedures
might be used in the audit of such accounts
8
ACC 492Course Seek Your Dream / snaptutorial.com
ACC 492 Week 2 Individual Assignment Assignments
From the Text For more classes
visits www.snaptutorial.com Resource Modern
Auditing Prepare written answers to the following
assignments Ch. 16-33 Comprehensive
Question Control Activities in Payroll
Processing Ch. 16-35 Comprehensive Question
Potential Misstatements/Tests of Controls
Payroll
9
ACC 492Course Seek Your Dream / snaptutorial.com
ACC 492 Week 2 Learning Team Assignment Apollo
Shoe Case Assignment For more classes
visits www.snaptutorial.com Resource Apollo Shoe
Case link in Week Two on the Materials
page Complete the following audit sections See
the Course Materials folder for Clarification
Revenue and Expenses
10
ACC 492Course Seek Your Dream / snaptutorial.com
ACC 492 Week 3 DQ 1 For more classes
visits www.snaptutorial.com What internal control
components are common among long-term assets,
liabilities, and equity accounts? What components
are unique to each? How can an auditor assess
these controls
11
ACC 492Course Seek Your Dream / snaptutorial.com
ACC 492 Week 3 DQ 1 For more classes
visits www.snaptutorial.com What internal control
components are common among long-term assets,
liabilities, and equity accounts? What components
are unique to each? How can an auditor assess
these controls
12
ACC 492Course Seek Your Dream / snaptutorial.com
ACC 492 Week 3 Individual Assignment Assignments
From the Text For more classes
visits www.snaptutorial.com Resource
Modern Auditing Prepare written answers to the
following assignments Ch. 16-26
Comprehensive Question Evaluation of Internal
Controls Raw Materials and Supplies
Inventory Ch. 16-29 Question Computer-Assisted
Substantive Tests for Inventory
13
ACC 492Course Seek Your Dream / snaptutorial.com
ACC 492 Week 3 Learning Team Assignment Apollo
Shoe Case Assignment For more classes
visits www.snaptutorial.com Learning Check 18-2
Learning Check 18-15 Comprehensive Question
18-25 (controls and substantive tests for
investment transactions)
14
ACC 492Course Seek Your Dream / snaptutorial.com
ACC 492 Week 4 DQ 1 For more classes
visits www.indigohelp.com What are the steps that
are required for an auditor to finalize the
audit? Which steps are the most crucial to the
outcome of the audit? How will these steps affect
the final audit decision?
15
ACC 492Course Seek Your Dream / snaptutorial.com
ACC 492 Week 4 DQ 2 For more classes
visits www.indigohelp.com What types of
opinions does an auditor issue other than
unqualified? How does an opinion other than
unqualified affect the client? In your opinion,
which is the worst? What are the circumstances
that warrant each type of opinion?
16
ACC 492Course Seek Your Dream / snaptutorial.com
ACC 492 Week 4 Individual Assignment Assignments
From the Text For more classes
visits www.indigohelp.com Resource Modern
Auditing Prepare answers to the following
assignments Ch. 17-22 Comprehensive
Question Internal Controls for Plant Assets Ch.
17-26 Comprehensive Question Substantive Tests
and Disclosures for Long-Term Debt
17
ACC 492Course Seek Your Dream / snaptutorial.com
ACC 492 Week 4 Individual Assignment Case Study
For more classes visits www.indigohelp.com Case
8.1 Laramie Wire Manufacturing Using Analytical
Procedures in Audit Planning
18
ACC 492Course Seek Your Dream / snaptutorial.com
ACC 492 Week 4 Learning Team Assignment Apollo
Shoe Case Assignment For more classes
visits www.indigohelp.com Resource Apollo Shoes
Case Materials located on the Week Four student
website Complete the following audit sections
See the Course Materials folder for
Clarification
19
ACC 492Course Seek Your Dream / snaptutorial.com
ACC 492 Week 4 Learning Team Assignment
Assignments From the Text For more classes
visits www.indigohelp.com Resource Modern
Auditing Prepare written answers to the following
assignments Ch. 17-27 Comprehensive
Question Substantive Tests for Stockholders
Equity Balances Ch. 18-31 Comprehensive Question
Substantive Tests for Cash Balances
20
ACC 492Course Seek Your Dream / snaptutorial.com
ACC 492 Week 5 Individual Assignment Assignments
From the Text For more classes
visits www.indigohelp.com Prepare written answers
to the following assignments Ch. 19-23
Comprehensive Question Subsequent Events
21
ACC 492Course Seek Your Dream / snaptutorial.com
ACC 492 Week 1 DQ 1 For more classes
visits www.snaptutorial.com What account
balances are included in a revenue and collection
cycle? What specific control procedures should be
in place and operating in internal control
governing revenue recognition and cash
accounting? What assertions are made about
classes of transactions and events in the revenue
and collection cycle?
22
ACC 492Course Seek Your Dream / snaptutorial.com
ACC 492 Week 5 Individual Assignment Case Study
For more classes visits www.indigohelp.com
Resources Case 12.4 Surfer Dude Duds, Inc.
Considering the Going-Concern Assumption Prepare
written answers that follow the case
23
ACC 492Course Seek Your Dream / snaptutorial.com
ACC 492 Week 5 Individual Assignment Issuing
Audit Reports Simulation For more classes
visits www.indigohelp.com Resources Issuing
Audit Reports simulation located on the Week Five
Materials page Complete the simulation. Prepare a
500-word response to the following questions
What are the different types of audit
reports and when should each be used?
In what types of situations would an auditor be
allowed to issue an unqualified audit report? To
what extent is the auditor liable for
misstatements in the financial statements of the
audited company?
24
ACC 492Course Seek Your Dream / snaptutorial.com
ACC 492 Week 5 Learning Team Assignment Case
Study Assignment and Presentation For more
classes visits www.indigohelp.com Resource Case
4.1 Enron Corporation and Andersen, LLP
Analyzing the Fall of Two Giants in Auditing
Cases Complete the questions at the end of the
case. Prepare a 500-650 word response to the
following questions
25
ACC 492Course Seek Your Dream / snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com
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