Title: ACC 490 Course Extraordinary Success/ tutorialrank.com
1ACC 490 Course Extraordinary Success
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2ACC 490 Course Extraordinary Success
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- ACC 490 Entire Course (UOP Course)
- ACC 490 Week 1 DQ 1 (UOP Course)
- ACC 490 Week 1 Generally Accepted Auditing
Standards Paper (UOP Course) - ACC 490 Week 1 DQ 1 (UOP Course)
- ACC 490 Week 1 DQ 2 (UOP Course)
- ACC 490 Week 2 Individual Ch. 1 Textbook
Exercises (UOP Course) - ACC 490 Week 2 Learning Team Auditing,
Attestation, and Assurance Services Paper (UOP
Course) - ACC 490 Week 2 DQ 1 (UOP Course)
- ACC 490 Week 2 DQ 2 (UOP Course)
- ACC 490 Week 3 Individual Ch. 5, 6, 7 Textbook
Exercises (UOP Course)
- 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.
3ACC 490 Course Extraordinary Success
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- ACC 490 Week 1 DQ 2 (UOP Course)
- ACC 490 Week 1 Generally Accepted Auditing
Standards Paper (UOP Course)
- 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.
- Generally Accepted Auditing Standards Paper
- 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.
4ACC 490 Course Extraordinary Success
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- ACC 490 Week 2 DQ 1 (UOP Course)
- ACC 490 Week 2 DQ 2 (UOP Course)
- 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.
- 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?
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- ACC 490 Week 2 Individual Ch. 1 Textbook
Exercises (UOP Course)
- ACC 490 Week 2 Learning Team Auditing,
Attestation, and Assurance Services Paper (UOP
Course)
- 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
- 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?
6ACC 490 Course Extraordinary Success
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- ACC 490 Week 3 DQ 1 (UOP Course)
- ACC 490 Week 3 DQ 2 (UOP Course)
- 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?
- 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?
7ACC 490 Course Extraordinary Success
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- ACC 490 Week 3 Individual Ch. 5, 6, 7 Textbook
Exercises (UOP Course)
- ACC 490 week 3 Learning Team Assessing
Materiality and Risk Simulation (UOP Course)
- 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
- 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 -
8ACC 490 Course Extraordinary Success
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- ACC 490 Week 3 Learning Team Ch. 6 7 Textbook
Exercises (UOP Cours
- ACC 490 Week 4 DQ 1 (UOP Course)
- 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
- Why do auditors find it necessary to use
sampling? What are the risks associated with
sampling? - How might these risks affect the audit
conclusion? -
9ACC 490 Course Extraordinary Success
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- ACC 490 Week 4 DQ 2 (UOP Course)
- ACC 490 Week 4 Individual Ch. 8, 10, 11
Textbook Exercises (UOP Course)
- 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?
- 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 Week 4 Learning Team Apollo Shoes Case
Assignment (UOP Course)
- ACC 490 Week 5 Individual Ch. 11 13 Textbook
Exercises (UOP Course)
- 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.
-
- 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
-
11ACC 490 Course Extraordinary Success
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- ACC 490 Week 5 Learning Team Audit Sampling Case
Memo and Presentation (UOP Course)
- 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 -
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