ACC 410 Course Real Tradition,Real Success / acc410dotcom

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ACC 410 Course Real Knowledge / acc410dotcom
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ACC 410 Course Real Knowledge / acc410dotcom
ACC 410 Week 1 Assignment Generally Accepted
Auditing
ACC 410 Entire Course
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
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
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ACC 410 Course Real Knowledge / acc410dotcom
ACC 410 Week 1 DQ 2 Audit Reports
ACC 410 Week 1 DQ 1 Internal vs. External Audit
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
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
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ACC 410 Course Real Knowledge / acc410dotcom
ACC 410 Week 2 DQ 1 Balance Sheet Verification
ACC 410 Week 2 Assignment Analytical
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.
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
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ACC 410 Course Real Knowledge / acc410dotcom
ACC 410 Week 3 Assignment Internal Control Case
ACC 410 Week 2 DQ 2 Accounting Principles
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
Accounting 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
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ACC 410 Course Real Knowledge / acc410dotcom
ACC 410 Week 3 DQ 2 Internal Control Procedures
ACC 410 Week 3 DQ 1 Audit Programs
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
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 Course Real Knowledge / acc410dotcom
ACC 410 Week 4 DQ 2 Ethics Case
ACC 410 Week 4 DQ 1 Legal Case
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.
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
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ACC 410 Course Real Knowledge / acc410dotcom
ACC 410 Week 5 DQ 1 Audit Reporting
ACC 410 Week 5 Assignment Audit Report
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).
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.
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ACC 410 Course Real Knowledge / acc410dotcom
ACC 410 Week 5 Final Paper Audit Plan Keystone
ACC 410 Week 5 DQ 2 Audit Reports
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,
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?
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ACC 410 Course Real Knowledge / acc410dotcom
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