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Title: ACC 546 Redefine the Possible/ acc546.com


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ACC 546 Redefine the Possible/ acc546.com
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ACC 546 Redefine the Possible/ acc546.com
ACC 546 All Assignments For more course
tutorials visit www.acc546.com 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 ACC 546 Week 1
Assignment Avoiding Bias Paper
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ACC 546 Redefine the Possible/ acc546.com
ACC 546 Assignment Burlington Bees For more
course tutorials visit www.acc546.com 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
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ACC 546 Redefine the Possible/ acc546.com
ACC 546 Case 2.2 Apple Inc. For more course
tutorials visit www.acc546.com 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
2 Describe the types
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ACC 546 Redefine the Possible/ acc546.com
ACC 546 Case 2.2 Apple Inc. For more course
tutorials visit www.acc546.com 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
2 Describe the types
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ACC 546 Redefine the Possible/ acc546.com
ACC 546 Case 4.1 Enron Corporation Andersen,
LLP For more course tutorials
visit www.acc546.com 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-have
prevented the fall of Enron? (c) Should they have
known about the risks and apparent lack of
independence with the Enrons SPEs? What should
they have done about it? (a) Explain how
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ACC 546 Redefine the Possible/ acc546.com
ACC 546 Case 4.1 Enron Corporation Andersen,
LLP For more course tutorials
visit www.acc546.com 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-have
prevented the fall of Enron? (c) Should they have
known about the risks and apparent lack of
independence with the Enrons SPEs? What should
they have done about it? (a) Explain how
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ACC 546 Redefine the Possible/ acc546.com
ACC 546 Case 7.1 Anne Aylor, Inc For more
course tutorials visit www.acc546.com 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 materiality? E. Why might
an auditor not use the same
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ACC 546 Redefine the Possible/ acc546.com
ACC 546 CASE 9.1 Wallys Billboard Sign Supply
For more course tutorials visit www.acc546.com CA
SE 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 even when tests of controls
over transactions that affect the cash account
indicate that those controls are operating
effectively? 3 According to AICPA auditing
standards, what are the necessary ingredients for
audit evidence to be
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ACC 546 Redefine the Possible/ acc546.com
ACC 546 Case 9.3 Longeta Corporation For more
course tutorials visit www.acc546.com 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 (FASB) and the International Accounting
Standards Board (IASB) recently completed a joint
project to develop a common revenue standard for
U.S. GAAP
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ACC 546 Redefine the Possible/ acc546.com
ACC 546 Case 9.4 Bud's Big Blue Manufacturing
For more course tutorials visit www.acc546.com Ca
se 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
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ACC 546 Redefine the Possible/ acc546.com
ACC 546 Case 9.7 RedPack Beer Company For more
course tutorials visit www.acc546.com 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
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ACC 546 Redefine the Possible/ acc546.com
ACC 546 Case 10.4 and 10.5 Southeast Shoe
Distributor, Inc (Score 100) For more course
tutorials visit www.acc546.com 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.
2 Document your adjusting entries for any
observed misstatements that you propose on
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ACC 546 Redefine the Possible/ acc546.com
ACC 546 Case 11.1 The Runners Shop For more
course tutorials visit www.acc546.com 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 and explain why each purpose
is important. 2 Review Green and
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ACC 546 Redefine the Possible/ acc546.com
ACC 546 Case 12.1 EyeMax Corporation For more
course tutorials visit www.acc546.com 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
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ACC 546 Redefine the Possible/ acc546.com
ACC 546 Case 12.2 Auto Parts. Inc For more
course tutorials visit www.acc546.com 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
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ACC 546 Redefine the Possible/ acc546.com
ACC 546 Case 12.4 Surfer Dude Duds, Inc For
more course tutorials visit www.acc546.com 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
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ACC 546 Redefine the Possible/ acc546.com
ACC 546 Individual Assignment 1.1 Ocean
Manufacturing, Inc For more course tutorials
visit www.acc546.com 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
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ACC 546 Redefine the Possible/ acc546.com
ACC 546 Individual Assignment Case 5.3 Red Bluff
Inn Café For more course tutorials
visit www.acc546.com 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
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ACC 546 Redefine the Possible/ acc546.com
ACC 546 Individual Assignment Case 5.6 Sarbox
Scooter, Inc. For more course tutorials
visit www.acc546.com 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? c) What qualitative factors might
cause an account that is greater than materiality
to be considered not significant? 2. Auditing
standards require the identification and testing
of entity-
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ACC 546 Redefine the Possible/ acc546.com
ACC 546 Individual Assignment Evaluating the Case
Against Lehman Brothers For more course
tutorials visit www.acc546.com 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.
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ACC 546 Redefine the Possible/ acc546.com
ACC 546 Laramie Wire Manufacturing Assignment
For more course tutorials visit www.acc546.com AC
C 546 Laramie Wire Manufacturing Assignment
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ACC 546 Redefine the Possible/ acc546.com
ACC 546 Week 1 Assignment Avoiding Bias Paper
For more course tutorials visit www.acc546.com Av
oiding 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
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ACC 546 Redefine the Possible/ acc546.com
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