Title: ACC 491 TUTOR Education is Power/acc491tutor.com
1ACC 491 TUTOR Education is Power/acc491tutor.com
2ACC 491 TUTOR Education is Power/acc491tutor.com
ACC 491 Entire Course FOR MORE CLASSES VISIT
www.acc491tutor.com ACC 491 Week 1 Individual
Assignment Generally Accepted Auditing Standards
Paper ACC 491 Week 1 DQ 1 ACC 491 Week 1 DQ 2 ACC
491 week 2 Individual Assignments From the
Text ACC 491 Week 2 Team Assignment Auditing,
Attestation, and Assurance Services Paper ACC 491
Week 2 DQ 1 ACC 491 Week 2 DQ 2 ACC 491 week 3
Individual Assignments From the Text ACC 491 week
3 Team Assignments From the Text ACC 491 Week 3
Team Assignment Assessing Materiality and Risk
Simulation
3ACC 491 TUTOR Education is Power/acc491tutor.com
ACC 491 Week 1 DQ 1 FOR MORE CLASSES VISIT
www.acc491tutor.com The American Institute of
Certified Public Accountants (AICPA) and the
Institute of Internal Auditors (IIA) have
positioned the auditing professions to become
assurance professions. What is the difference
between assurance services, attestation services,
and auditing services? What are the economic
issues that drive the increased demand for
assurance services? What is one assurance
engagement and one attestation engagement other
than an audit of financial statements? What are
the differences between the two?
4ACC 491 TUTOR Education is Power/acc491tutor.com
ACC 491 Week 1 DQ 2 FOR MORE CLASSES VISIT
www.acc491tutor.com The ten Generally Accepted
Auditing Standards (GAAS) provide the foundation
for all other auditing standards and
interpretations. What is the definition of the
standard of due professional care, and how
might a court decide whether an audit firm met
the standard? Why is independence often
considered the cornerstone of the auditing
profession? Why were independence issues a
primary concern of Congress when they developed
the Sarbanes-Oxley Act?
5ACC 491 TUTOR Education is Power/acc491tutor.com
ACC 491 Week 1 Individual Assignment Generally
Accepted Auditing Standards Paper FOR MORE
CLASSES VISIT www.acc491tutor.com Write a 700-
to 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 ? Describe the elements
of the Generally Accepted Auditing Standards
(GAAS). ? Describe how these standards
apply to financial, operational, and compliance
audits. ? 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.
6ACC 491 TUTOR Education is Power/acc491tutor.com
ACC 491 Week 2 DQ 1 FOR MORE CLASSES VISIT
www.acc491tutor.com What is the purpose of
engagement planning? What critical information
should the auditor consider during engagement
planning? How will this information affect the
scope of the audit?
7ACC 491 TUTOR Education is Power/acc491tutor.com
ACC 491 Week 2 DQ 2 FOR MORE CLASSES VISIT
www.acc491tutor.com What are the components of
the audit risk model? How does the audit risk
model impact an audit plan?
8ACC 491 TUTOR Education is Power/acc491tutor.com
ACC 491 Week 2 Individual Assignments From the
Text FOR MORE CLASSES VISIT www.acc491tutor.com
Resource Modern Auditing Assurance Services
and the Integrity of Financial Reporting Prepare
written answers to Chapter 1 Comprehensive
Question 1-23 Organizations associated with the
public accounting profession.
9ACC 491 TUTOR Education is Power/acc491tutor.com
ACC 491 Week 2 Team Assignment Auditing,
Attestation, and Assurance Services Paper FOR
MORE CLASSES VISIT www.acc491tutor.com Write a
1,050- to 1,400-word paper in which you compare
and contrast auditing, attestation, and assurance
services. In your paper, be sure to include 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 491 TUTOR Education is Power/acc491tutor.com
ACC 491 Week 3 DQ 1 FOR MORE CLASSES VISIT
www.acc491tutor.com How are analytical
procedures used in an audit engagement? What
premise underlies the use of analytical
procedures in auditing? What sources of
information can an auditor use to develop
expectations? Give examples.
11ACC 491 TUTOR Education is Power/acc491tutor.com
ACC 491 Week 3 DQ 2 FOR MORE CLASSES VISIT
www.acc491tutor.com 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 491 TUTOR Education is Power/acc491tutor.com
ACC 491 Week 3 Individual Assignments From the
Text FOR MORE CLASSES VISIT www.acc491tutor.com
Resource Modern Auditing Assurance Services
and the Integrity of Financial Reporting Prepare
written answers to the following assignments
1. Chapter 5 Comprehensive Questions 5-30
Assertions 2. Chapter 6 Comprehensive
Questions 6-22 Audit Evidence 3. Chapter 7
Comprehensive Questions 7-22 Understanding the
Entity and its Environment
13ACC 491 TUTOR Education is Power/acc491tutor.com
ACC 491 Week 3 Team Assignment Assessing
Materiality and Risk Simulation FOR MORE CLASSES
VISIT www.acc491tutor.com Resources Assessing
Materiality and Risk located on the Week Two
Materials page Complete the simulation and
prepare a 350-word total (not per question)
response to the following questions ?
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 interrelated?
14ACC 491 TUTOR Education is Power/acc491tutor.com
ACC 491 Week 3 Team Assignments From the Text
FOR MORE CLASSES VISIT www.acc491tutor.com Res
ource Modern Auditing Assurance Services and
the Integrity of Financial Reporting Prepare
written answers to the following assignments
1. Chapter 6 Comprehensive Question 6-26
Audit Programs and Assertions 2. Chapter 7
Case 7-25 New Client Acceptance, part b only
15ACC 491 TUTOR Education is Power/acc491tutor.com
ACC 491 Week 4 DQ 1 FOR MORE CLASSES VISIT
www.acc491tutor.com What are some of the
different types of sampling methods that are
available to the auditor? How does the auditor
decide which method to use? How will the
different methods affect the audit?
16ACC 491 TUTOR Education is Power/acc491tutor.com
ACC 491 Week 4 DQ 2 FOR MORE CLASSES VISIT
www.acc491tutor.com What is the importance of
defining the population when performing audit
procedures? How will this affect the sample size?
How will incorrectly defining the population
affect the sampling unit?
17ACC 491 TUTOR Education is Power/acc491tutor.com
ACC 491 Week 4 Individual Assignments From the
Text FOR MORE CLASSES VISIT www.acc491tutor.com
Resource Modern Auditing Assurance Services
and the Integrity of Financial Reporting Prepare
answers to the following assignments 1.
Chapter 8 Comprehensive Questions 8-16
Analytical procedures 2. Chapter 10
Comprehensive Questions 10-32 Components of
Internal Control 3. Chapter 11 Comprehensive
Questions 11-21 Assessing Control Risk
18ACC 491 TUTOR Education is Power/acc491tutor.com
ACC 491 Week 4 Team Assignment Apollo Shoes Case
Assignment FOR MORE CLASSES VISIT
www.acc491tutor.com Resources Apollo Shoes
Case Materials located on the Week Three
Materials page Review the Planning section, with
emphasis on the Apollo Accounting and Control
Procedures Manual and the Apollo Shoe Minutes.
Complete the Internal Control audit section of
the case.
19ACC 491 TUTOR Education is Power/acc491tutor.com
ACC 491 Week 5 Individual Assignments From the
Text FOR MORE CLASSES VISIT www.acc491tutor.com
Resource Modern Auditing Assurance Services
and the Integrity of Financial Reporting Download
the Adobe Reader version of Ch. 11 and 13 to
complete this assignment. ? Click on the
link for Ch. 11 of Modern Auditing on the course
website. ? Click Download eBook on the
left-hand side of the page. ? Download
Ch. 11 and 13 of Modern Auditing. Prepare
written answers to the following assignments ?
Ch. 11 Learning Check 11-6 ? Ch.
11 Learning Check 11-8 ? Ch. 11
Learning Check 11-9 ? Ch. 13 Learning
Check 13-8
20ACC 491 TUTOR Education is Power/acc491tutor.com
ACC 491 Week 5 Team Assignment Audit Sampling
Case Memo FOR MORE CLASSES VISIT
www.acc491tutor.com Resource 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 ? Ch.
13 Case Mt. Hood FurniturePPS sampling problem
Case 13-36 Also, since John Smith is primarily
a visual person, he has asked for all memos to be
summarized and put into a presentation. Prepare
10-15 Microsoft PowerPoint slides, with speaker
notes, illustrating your Audit Sampling Case
Memo. Please submit your memo and presentation.
21ACC 491 TUTOR Education is Power/acc491tutor.com