ACC 490Course Real Knowledge / acc490.com

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ACC 490Course Real Knowledge / acc490.com
The Best way to predict the Future is to create
it.....To Best way....
www.acc490.com
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ACC 490Course Real Knowledge / acc490.com
ACC 490 Entire Course For more course tutorials
visit www.acc490.com ACC 490 Week 1 Generally
Accepted Auditing Standards Paper ACC 490 Week 1
DQ 1 ACC 490 Week 1 DQ 2 ACC 490 Week 2
Individual Ch. 1 Textbook Exercise ACC 490 Week 2
Learning Team Auditing, Attestation, and
Assurance Services Paper ACC 490 Week 2 DQ 1 ACC
490 Week 2 DQ 2
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ACC 490Course Real Knowledge / acc490.com
ACC 490 Week 1 DQ 1 For more course tutorials
visit www.acc490.com 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.
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ACC 490Course Real Knowledge / acc490.com
ACC 490 Week 1 DQ 2 For more course tutorials
visit www.acc490.com 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.
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ACC 490Course Real Knowledge / acc490.com
ACC 490 Week 1 Generally Accepted Auditing
Standards Paper For more course tutorials
visit www.acc490.com   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.
d. Discuss the additional requirements that
are placed on auditors from this Act, and the
actions of the PCAOB
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ACC 490Course Real Knowledge / acc490.com
ACC 490 Week 2 DQ 1 For more course tutorials
visit www.acc490.com 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.
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ACC 490Course Real Knowledge / acc490.com
ACC 490 Week 2 DQ 2 For more course tutorials
visit www.acc490.com 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? The relative
competence of evidence obtained from external and
internal sources.
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ACC 490Course Real Knowledge / acc490.com
ACC 490 Week 2 Individual Ch. 1 Textbook
Exercise For more course tutorials
visit www.acc490.com 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
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ACC 490Course Real Knowledge / acc490.com
ACC 490 Week 2 Learning Team Auditing,
Attestation, and Assurance Services Paper For
more course tutorials visit www.acc490.com 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? Format your paper
consistent with APA guidelines. Week 2 DQ 1
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ACC 490Course Real Knowledge / acc490.com
ACC 490 Week 3 DQ 1 For more course tutorials
visit www.acc490.com 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?
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ACC 490Course Real Knowledge / acc490.com
ACC 490 Week 3 DQ 2 For more course tutorials
visit www.acc490.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?
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ACC 490Course Real Knowledge / acc490.com
ACC 490 Week 3 Individual Ch. 5, 6, 7 Textbook
Exercises For more course tutorials
visit www.acc490.com 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
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ACC 490Course Real Knowledge / acc490.com
ACC 490 week 3 Learning Team Assessing
Materiality and For more course tutorials
visit www.acc490.com Resources Assessing
Materiality and Risk simulation on student
website Complete the Assessing Materiality and
Risk simulation 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 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
inter-related?
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ACC 490Course Real Knowledge / acc490.com
ACC 490 Week 4 Individual Ch. 8, 10, 11
Textbook Exercises For more course tutorials
visit www.acc490.com 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 490Course Real Knowledge / acc490.com
ACC 490 Week 4 Learning Team Apollo Shoes Case
Assignment For more course tutorials
visit www.acc490.com 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. Week 4 DQ 1 Why
do auditors find it necessary to use sampling?
What are the risks associated with sampling?
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ACC 490Course Real Knowledge / acc490.com
ACC 490 Week 5 Individual Ch. 11 13 Textbook
Exercises For more course tutorials
visit www.acc490.com 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
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ACC 490Course Real Knowledge / acc490.com
ACC 490 Week 5 Learning Team Audit Sampling Case
Memo and Presentation For more course tutorials
visit www.acc490.com 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 Format your memo consistent
with APA guidelines. Prepare a 10- to 15-slide
Microsoft PowerPoint presentation illustrating
your Audit Sampling Case Mem
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ACC 490Course Real Knowledge / acc490.com
The Best way to predict the Future is to create
it.....To Best way....
www.acc490.com