ACC 546 Focus Dreams/uophelp.com

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ACC 546 Focus Dreams/uophelp.com

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ACC 546 All Assignments

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• Please check All Included Assignments Below
• ACC 546 Individual Assignment Evaluating the Case
  Against Lehman Brothers
• ACC 546 Case 3.3 The Anonymous Caller
• ACC 546 Assignment Burlington Bees

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ACC 546 Assignment Burlington Bees

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• 1 Research auditing professional standards and
  list the requirements related to developing an
  expectation and conducting analytical procedures
  when those procedures are intended to provide
  substantive evidence. What are the advantages of
  developing an expectation at a detailed level
  (i.e., using disaggregated data) rather than at
  an overall or aggregated level?

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ACC 546 Case 2.2 Apple Inc.

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• CASE 2.2 Apple Inc.
• Evaluation of Client Business Risk
• After completing and discussing this case you
  should be able to
• 1 Describe the implications of an audit
  clients business risk on the audit engagement

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ACC 546 Case 3.3 The Anonymous Caller

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• Case 3.3 The Anonymous Caller, p. 63-65
• 1 Do you think situations like this (i.e.,
  aggressive accounting or even financial statement
  fraud) are common in practice?
• 2 Which financial statement assertion related
  to sales transactions did management violate when
  it issued the falsified financial statements?

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ACC 546 Case 4.1 Enron Corporation Andersen LLP

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• 1)What were the business risks Enron faced, and
  how did those risks increase the likelihood of
  material misstatement in Enrons financial
  statements?
• 2) In your own words, summarize how Enron used
  SPEs to hide large amounts of company debt
• (a) What are the responsibilities of a companys
  board of directors?
• (b) Could the board of directors at
  Enron-especially the audit committee

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ACC 546 Case 5.1 Simply Steam Co.

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• Commitment to Integrity and Ethical Values
• Board of Directors Demonstrates Independence and
  Appropriate Oversight
• Managements Philosophy and Operating Style
• Management Establishes Structure and Reporting
  Lines to Achieve Objectives
• Financial Reporting Competencies
• The Organization Holds Individuals Accountable to
  Their Internal Control Responsibility
• Evaluation of Simply Steam, Co. as to
  demonstrating a commitment to attract

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ACC 546 Case 7.1 Anne Aylor Inc

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• ACC 546 Case 7.1 Anne Aylor, Inc.
• a Why are different materiality bases
  considered when determining planning materiality?
• b Why are different materiality thresholds
  relevant for different audit engagements?
• c Why is the materiality base that results in
  the smallest threshold generally used for
  planning purposes?
• D. Why is the risk of management fraud considered
  when determining performance

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ACC 546 CASE 9.1 Wallys Billboard Sign Supply

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• CASE 9.1 Wallys Billboard Sign Supply
• After completing the audit program, answer the
  following questions
• 1 Why is the audit of cash an important part of
  the audit?
• 2 Bill performed tests of controls for all
  transaction cycles with good results. Why is it
  important to also perform substantive audit
  procedures for the ending cash balance

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ACC 546 Case 9.3 Longeta Corporation

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• Case 9.3 Longeta Corporation
• overs auditing revenue contracts.
• You want to be thoroughly prepared for the
  meeting with the audit manager. Perform the
  following procedures to be certain you have all
  necessary information about the transactions
  treatment.
• 1 The Financial Accounting Standards Board

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ACC 546 Case 9.4 Buds Big Blue Manufacturing

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• ase 9.4 Bud's Big Blue Manufacturing covers
  accounts receivable confirmations
• REQUIRED
• 1 List the four factors auditors should
  consider when evaluating the results of
  confirmation procedures. Also, what are three of
  the characteristics of a reliable confirmation?
  (For this and other questions, you may wish to
  refer relevant auditing standards).
• 2 What does it mean to maintain control over
  the confirmation requests

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ACC 546 Case 9.7 RedPack Beer Company

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• Case 9.7 RedPack Beer Company covers estimating
  allowance for bad debt
• 2 Following your analysis of the information in
  Schedules A-D, assume that you met with RedPacks
  Credit Manager, Katie Henson, to ask her a number
  of questions related to specific customer
  accounts in the Accounts Receivable Aged Trial
  Balance. A transcript of your interview notes is
  provided as Schedule E. Use that information to
  address the following

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ACC 546 Case 10.4 and 10.5 Southeast Shoe
Distributor Inc (Score 100)

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• Week 5 Team Assignment Case 10.4 and 10.5
  Southeast Shoe Distributor, Inc.
• 10.4 2 Complete steps 1a-i from the audit
  program E 1-1
• 3 Complete step 4a from the audit program E 1-1
• 10.5
• 1 Complete audit procedure 3a listed on audit
  program E 2.

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ACC 546 Case 11.1 The Runners Shop

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• Week 6 Team Assignment, 1 Instructions Review
  case 11.1 The Runners Shop p.379-391.
• CASE 11.1 The Runners Shop Briefly answer,
  required questions related to this case 1-3 with
  approximately 30 to 45 words.
• REQUIRED
• 1 Describe the purposes of audit documentation

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ACC 546 Case 12.1 EyeMax Corporation

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• Case 12.1 EyeMax Corporation evaluating audit
  differences
• Assume that you are the auditor responsible for
  the EyeMax audit. It is now March 30, and all
  planned
• fieldwork has been completed. Recall that total
  financial statement materiality has been set at
  625,000.
• Taking into account the information provided,
  please answer the following question.
• 1 Which of the following three alternatives
  best describes the conditions under which you
• would issue a clean opinion for EyeMax? (select
  one) ____

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ACC 546 Case 12.2 Auto Parts Inc

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• Case 12.2 Auto Parts. Inc. materiality and
  evaluating accounting policies and footnote
  disclosures
• 1 Describe whether you agree that
  capitalization of the tooling supplies is the
  preferable method of accounting for Auto Parts,
  Inc.
• 2 In general, how do auditors develop an
  estimate of financial statement materiality? For
  Auto Parts, Inc., what is your estimate of
  financial statement materiality? Are there
  qualitative factors that might impact your
  decision about the materiality of the accounting
  treatment and the related disclosure?
• 3 Assuming the policy change is considered
  material, how should it be reported and disclosed
  in the 2014 financial statements and what would
  be the effect, if any, of the accounting

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ACC 546 Case 12.4 Surfer Dude Duds Inc

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• ACC 546 Case 12.4 Surfer Dude Duds, Inc
• 1 What are Scotts options?
• 2 How might a going-concern explanatory
  paragraph become a self-fulfilling prophecy for
  Surfer Dude?
• 3 Discuss the importance of full and accurate
  auditor reporting to the public, and describe
  possible consequences for both parties if the
  going-concern explanatory paragraph and footnote
  are excluded. How might Scott convince George
  that a going-concern report is in the best
  interests of all parties involve

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ACC 546 Individual Assignment 1.1 Ocean
Manufacturing, Inc

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• 2. What nonfinancial matters should be considered
  before accepting Ocean as a client? How important
  are these issues to the client acceptance
  decision? Why?
• 5. (A). Prepare a memo to the partner making a
  recommendation as to whether Barnes and Fischer
  should or should not accept Ocean Manufacturing,
  Inc. as an audit client. Carefully justify your
  position in light of the information in the case.
  Include consideration

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ACC 546 Individual Assignment Case 5.3 Red Bluff
Inn Café

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• 1 What are your two biggest concerns relating
  to possible fraud for the café part of the
  business? For each concern, generate two or three
  controls that could effectively reduce risk
  related to your concerns. Use common sense and be
  creative!
• 2 What are your two biggest concerns relating
  to possible fraud for the motel part of the
  business? For each concern, generate two or three
  controls that could effectively reduce risk
  related to your concerns. Use common sense and be
  creative!

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ACC 546 Individual Assignment Case 5.6 Sarbox
Scooter Inc.

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• Part A
• 1. According to AS5
• a) What should the auditor consider when
  determining whether an account should be
  considered significant?
• b) What qualitative factors might cause an
  account that is otherwise relatively small
  quantitatively to be considered significant?

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ACC 546 Individual Assignment Evaluating the Case
Against Lehman Brothers

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• ACC 546 Individual Assignment Evaluating the Case
  Against Lehman Brothers
• The Case Against Lehman Brothers. Write a 750-
  to 1,050-word evaluation. Analyze and then
  summarize the responsibilities and failings of
  the firm, the firms accountants, and government
  regulators.
• Provide an update in the case against the firm,
  its top executives, and accountants.

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ACC 546 Laramie Wire Manufacturing Assignment

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• ACC 546 Laramie Wire Manufacturing Assignment

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ACC 546 Week 1 Assignment Avoiding Bias Paper

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• Avoiding Bias Paper - Assessment Activity - Week1
  - ACC/546 - eCampus
• Read the pages 1-9 section of Professional
  Judgment and distinguish the four tendencies
  toward professional judgment bias
• 1. Availability Tendency
• 2. Confirmation Tendency
• 3. Overconfidence Tendency
• 4. Anchoring Tendency

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ACC 546 Focus Dreams/uophelp.com

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• www.uophelp.com