ACC 490 EDU The learning interface/acc490edudotcom

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• ACC 490 EDU The learning interface/acc490edudotco
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ACC 490 EDU The learning interface
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 ACC 490 Week 3 Individual Ch. 5,
6, 7 Textbook Exercises ACC 490 Week 3 Learning
Team Ch. 6 7 Textbook Exercises ACC 490 week 3
Learning Team Assessing Materiality and Risk
Simulation ACC 490 week 3 DQ 1 ACC 490 week 3 DQ
2 ACC 490 Week 4 Individual Ch. 8, 10, 11
Textbook Exercises ACC 490 Week 4 Learning Team
Apollo Shoes Case Assignment ACC 490 Week 4 DQ 1
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ACC 490 EDU The learning interface
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.
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ACC 490 EDU The learning interface
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? Do you believe the legislation enhances the
power and prestige of the audit profession, or
alternatively, does it decrease both the power
and prestige of the profession? Explain.
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ACC 490 EDU The learning interface
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. c.
Explain the effect that the Sarbanes-Oxley Act of
2002, and the Public Company Accounting Oversight
Board (PCAOB) will have on audits of publicly
traded companies.
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ACC 490 EDU The learning interface
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.
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ACC 490 EDU The learning interface
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? The
relative competence of evidence obtained from
external and internal sources. The role
of internal control with respect to internal
evidence produced by a clients data processing
system. The relative persuasiveness of
auditor observation and recalculation evidence
compared to external, external-internal, and
internal documentary evidence.
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ACC 490 EDU The learning interface
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
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ACC 490 EDU The learning interface
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? Format your paper
consistent with APA guidelines.
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ACC 490 EDU The learning interface
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?
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ACC 490 EDU The learning interface
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?
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ACC 490 EDU The learning interface
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
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ACC 490 EDU The learning interface
ACC 490 Week 3 Learning Team Assessing
Materiality and Risk Simulation FOR MORE CLASSES
VISIT www.acc490edu.com esources 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? Is
any component of audit risk within the control of
the auditor? Explain. How are the three risks
that make up audit risk inter-related?
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ACC 490 EDU The learning interface
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    Ch. 7 Case 7-25 New Client
Acceptance, Part b
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ACC 490 EDU The learning interface
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?
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ACC 490 EDU The learning interface
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?
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ACC 490 EDU The learning interface
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 Ch. 11 Comprehensive Questions 11-21
Assessing Control Risk
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ACC 490 EDU The learning interface
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.
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ACC 490 EDU The learning interface
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
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ACC 490 EDU The learning interface
ACC 490 Week 5 Learning Team Audit Sampling Case
Memo and Presentation FOR MORE CLASSES VISIT
www.acc490edu.com 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 Format your memo
consistent with APA guidelines. Prepare a 10- to
15-slide Microsoft PowerPoint presentation
illustrating your Audit Sampling Case Memo.
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ACC 490 EDU The learning interface