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For more classes visit www.snaptutorial.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 – PowerPoint PPT presentation

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Title: ACC 410 Apprentice tutors / snaptutorial.com


1
ACC 410 Slingshot Academy / snaptutorial.com
For More Tutorials
www.snaptutorial.com
2
ACC 410 Slingshot Academy / snaptutorial.com
  • ACC 410 Entire Course
  • ACC 410 Week 1 Assignment Generally Accepted
  • 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
  • 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

3
ACC 410 Slingshot Academy / snaptutorial.com
  • ACC 410 Week 1 DQ 1 Internal vs. External Audit
  • ACC 410 Week 1 DQ 2 Audit Reports
  • 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.
  • Audit Reports. Evaluate 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

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ACC 410 Slingshot Academy / snaptutorial.com
  • ACC 410 Week 2 Assignment Analytical Procedures
  • ACC 410 Week 2 DQ 1 Balance Sheet Verification
  • 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.
  • 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.

5
ACC 410 Slingshot Academy / snaptutorial.com
  • ACC 410 Week 3 Assignment Internal Control Case
  • ACC 410 Week 3 DQ 1 Audit Programs
  • 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
  • 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 410 Slingshot Academy / snaptutorial.com
  • ACC 410 Week 3 DQ 2 Internal Control Procedures
  • ACC 410 week 4 Critical thinking Quiz
  • Internal Control Procedures Describe what is
    meant by a walk-through. Must walk-through 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
  • ACC 410 week 4 Critical thinking Quiz

7
ACC 410 Slingshot Academy / snaptutorial.com
  • ACC 410 Week 4 DQ 1 Legal Case
  • ACC 410 Week 4 DQ 2 Ethics Case
  • 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
  • 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.

8
ACC 410 Slingshot Academy / snaptutorial.com
  • ACC 410 Week 5 Assignment Audit Report
    Modifications
  • ACC 410 Week 5 DQ 1 Audit Reporting
  • Audit Report Modifications. Complete problem
    below. List a represents the types of opinions
    the auditor ordinarily would issue and List B
    represents the report modifications if any that
    would be necessary. Select as the best answer for
    each situation items 1 to 6 the type of opinion
    and modifications, if any, the auditor would
    normally select.
  • Audit Reporting Wade Corporation has been your
    audit client for several years. At the beginning
    of the current year, the company changed its
    method of inventory valuation from average cost
    to last in, first out (LIFO). The change, which
    had been under consideration for some time, was
    in your opinion a logical and proper step for the
    company to take.

9
ACC 410 Slingshot Academy / snaptutorial.com
  • ACC 410 Week 5 DQ 2 Audit Reports
  • ACC 410 Week 5 Final Paper Audit Plan Keystone
  • Audit Reports. The auditors do not believe that
    certain lease obligations have been reflected in
    conformity with generally accepted accounting
    principles in the clients financial statements.
    What type of opinion should the auditors issue if
    they decide that the exceptions are immaterial?
    Material?Very material?
  • The final paper will be based on Appendix 6C
    Illustrative Audit Case Keystone Computers at
    pages 237-244 in your text. Write, in outline
    format but in complete sentences, a 6 to 10 page
    audit plan. It is recommended that you look at
    Figure 18.8 on page 708, which shows the control
    objectives related to accounts receivable.

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ACC 410 Slingshot Academy / snaptutorial.com
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