Title: ACC 490 EDU Real Education Real Results/acc490edudotcom
1ACC 490 EDU Real Education Real
Results/acc490edudotcom
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2ACC 490 Entire Course
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- 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
- ACC 490 Week 3 Individual Ch. 5, 6, 7 Textbook
Exercises - ACC 490 Week 3 Learning Team Ch. 6 7 Textbook
Exercises
3ACC 490 Week 1 DQ 1
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- 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.
4ACC 490 Week 1 DQ 2
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- 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?
5ACC 490 Week 1 Generally Accepted Auditing
Standards Paper
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- 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.
6ACC 490 Week 2 DQ 1
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- 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.
7ACC 490 Week 2 DQ 2
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- 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.
8ACC 490 Week 2 Individual Ch. 1 Textbook Exercise
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- 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
9ACC 490 Week 2 Learning Team Auditing,
Attestation, and Assurance Services Paper
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- 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?
10ACC 490 Week 3 DQ 1
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- 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?
11ACC 490 Week 3 DQ 2
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- 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?
12ACC 490 Week 3 Individual Ch. 5, 6, and 7
Textbook Exercises
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- 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
13ACC 490 Week 3 Learning Team Assessing
Materiality and Risk Simulation
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- 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?
14ACC 490 Week 4 DQ 1
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- 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?
15ACC 490 Week 4 DQ 2
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- 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?
16ACC 490 Week 4 Individual Ch. 8, 10, and 11
Textbook Exercises
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- ACC 455 Week 1 Individual assignment Tax Return
Position Paper - ACC 455 Week 1 DQ 1
- ACC 455 Week 1 DQ 2
- ACC 455 Week 1 DQ 3
- ACC 455 Week 2 Individual Assignment Problem Set
- ACC 455 Week 2 Team Assignment Outline for Week 3
- ACC 455 Week 2 DQ 1
- ACC 455 Week 2 DQ 2
- ACC 455 Week 2 DQ 3
- ACC 455 Week 2 DQ 4
17ACC 490 Week 4 Learning Team Apollo Shoes Case
Assignment
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- 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.
18ACC 490 Week 5 Individual Ch. 11 and 13 Textbook
Exercises
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- 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
19ACC 490 Week 5 Learning Team Audit Sampling Case
Memo and Presentation
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- 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. 13 of Modern
Auditing Assurance Services and the Integrity of
Financial Reporting - Case 13-36 Mt. Hood FurniturePPS
Sampling Problem
20ACC 490 EDU Real Education Real
Results/acc490edudotcom
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- www.acc490edu.com