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For more classes visit www.snaptutorial.com ACC 410 week 4 Critical thinking Quiz – PowerPoint PPT presentation

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Title: ACC410 Inspiring Innovation--snaptutorial.com


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ACC410 Inspiring Innovation--snaptutorial.com
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ACC410 Inspiring Innovation--snaptutorial.com
ACC 410 week 4 Critical thinking Quiz For more
classes visit www.snaptutorial.com   ACC 410 week
4 Critical thinking Quiz
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ACC410 Inspiring Innovation--snaptutorial.com
ACC 410 Week 4 DQ 1 Legal Case For more classes
visit www.snaptutorial.com   Legal Case Compare
the rights of plaintiffs under common law with
the rights of persons who purchase securities
registered under the Securities Act of 1933 and
sustain losses. In your answer, emphasize the
issue of who must bear the burden of proof.
Remember to complete
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ACC410 Inspiring Innovation--snaptutorial.com
ACC 410 Week 4 DQ 2 Ethics Case For more classes
visit www.snaptutorial.com   Ethics Case Harris
Fell, CPA and member of the AICPA, was engaged to
audit the financial statements of Wilson
Corporation. Fell had half-completed the audit
when he had a dispute with the management of
Wilson Corporation and was discharged. Hal
Compton, CPA, was promptly engaged to replace
Fell. Wilson Corporation did not compensate Fell
for his work to date therefore, Fell refused to
allow Wilson Corporations management to examine
his working papers. Some of the working papers
consisted of adjusting journal entries and
supporting analysis. Wilson Corporations
management had no other source for this
information. Did Fell violate the
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ACC410 Inspiring Innovation--snaptutorial.com
ACC 410 Week 5 Assignment Audit Report
Modifications Paper For more classes
visit www.snaptutorial.com   Audit Report
Modifications. Complete problem below. List a
represents the types of opinions the auditor
ordinarily would issue and List B represents the
report modifications if any that would be
necessary. Select as the best answer for each
situation items 1 to 6 the type of opinion and
modifications, if any, the auditor would normally
select. The types of opinions in List A an
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ACC410 Inspiring Innovation--snaptutorial.com
ACC 410 Week 5 DQ 1 Audit Reporting For more
classes visit www.snaptutorial.com   Audit
Reporting Wade Corporation has been your audit
client for several years. At the beginning of the
current year, the company changed its method of
inventory valuation from average cost to last in,
first out (LIFO). The change, which had been
under consideration for some time, was in your
opinion a logical and proper step for the company
to take. What effect, if any, will this situation
have on your audit report for the current year?
Remember to complete all parts of the problems.
Do no
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ACC410 Inspiring Innovation--snaptutorial.com
ACC 410 Week 5 DQ 2 Audit Reports For more
classes visit www.snaptutorial.com   Audit
Reports. The auditors do not believe that certain
lease obligations have been reflected in
conformity with generally accepted accounting
principles in the clients financial statements.
What type of opinion should the auditors issue if
they decide that the exceptions are im
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ACC410 Inspiring Innovation--snaptutorial.com
ACC 410 Week 5 Final Paper Audit Plan Keystone
Computers For more classes visit www.snaptutorial.
com   The final paper will be based on Appendix
6C Illustrative Audit Case Keystone Computers at
pages 237-244 in your text. Write, in outline
format but in complete sentences, a 6 to 10 page
audit plan. It is recommended that you look at
Figure 18.8 on page 708, which shows the control
objectives related to accounts receivable.  
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ACC410 Inspiring Innovation--snaptutorial.com
ACC 410 Entire Course  For more classes
visit www.snaptutorial.com ACC 410 Week 1 DQ 1
Internal vs. External Audit Staffs ACC 410 Week 1
DQ 2 Audit Reports ACC 410 Week 1 Assignment
Generally Accepted Auditing Standards ACC 410
Week 2 DQ 1 Balance Sheet Verification ACC 410
Week 2 DQ 2 Accounting Principles ACC 410 Week 2
Assignment Analytical Proced
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ACC410 Inspiring Innovation--snaptutorial.com
ACC 410 Week 1 Assignment Generally Accepted
Auditing Standards  For more classes
visit www.snaptutorial.com Generally Accepted
Auditing Standards Complete problem below and
submit to your instructor. Write under the
generally accepted auditing standards column the
specific standard that was violated and how the
action of Jones resulted in a failure to comply
with each standard. Organize your answer as shown
below specifically with a column for the
standard that was violated a
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ACC410 Inspiring Innovation--snaptutorial.com
ACC 410 Week 1 DQ 1 Internal vs. External Audit
Staffs  For more classes visit www.snaptutorial.co
m Internal vs. External Audit Staffs Spacecraft,
Inc., is a large corporation that is audited
regularly by a public accounting firm but also
maintains an internal auditing staff. Explain
briefly how the relationship of the public
accounting firm to Spacecraft differs from the
relations
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ACC410 Inspiring Innovation--snaptutorial.com
ACC 410 Week 1 DQ 2 Audit Reports  For more
classes visit www.snaptutorial.com Audit Reports.
Evaluate the following question If a CPA firm
completes a nonpublic company audit of Adam
Companys financial statements following IACPA
generally accepted auditing standards and is
satisfied with the results of an audit, an
unmodified report may
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ACC410 Inspiring Innovation--snaptutorial.com
ACC 410 Week 2 Assignment Analytical
Procedures  For more classes visit www.snaptutoria
l.com Analytical Procedures In a 2-3 page paper,
complete the case below and submit to instructor.
Review the income statement for Uden Supply
Company and answer the following a. Describe the
purpose of analytical procedures performed in the
planning stage of the audit. b. Uden Supply has
projected its 2004 gross profit at 31 of sales
despite expectation for some shrinkage in
margins. On the basis of Uden's operating
performance
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ACC410 Inspiring Innovation--snaptutorial.com
ACC 410 Week 2 DQ 1 Balance Sheet
Verification  For more classes visit www.snaptutor
ial.com Balance Sheet Verification The best
means of verification of cash, inventory, office
equipment, and nearly all other assets is a
physical count of the units only a physical
count gives the auditors complete assurance as to
the accuracy of the amounts listed on the balance
sheet. Evaluate this statement. Remember to
complete all parts of the problems. Do not forget
to show the necessar
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ACC410 Inspiring Innovation--snaptutorial.com
ACC 410 Week 3 Assignment Internal Control
Case  For more classes visit www.snaptutorial.com
Internal Control Case Complete Case 18-37 (p.
724-725) and submit to instructor. For each of
the following independent cases state the highest
level of deficiency that you believe the
circumstances represent--a control deficiency, a
significant deficiency, or a material weakness
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ACC410 Inspiring Innovation--snaptutorial.com
ACC 410 Week 3 DQ 1 Audit Programs  For more
classes visit www.snaptutorial.com Audit
Programs. All experienced auditors would design
exactly the same audit program for a particular
audit engagement. Do you agree? Explain.
Remember to complete all par
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ACC410 Inspiring Innovation--snaptutorial.com
ACC 410 Week 3 DQ 2 Internal Control
Procedures  For more classes visit www.snaptutoria
l.com Internal Control Procedures Describe what
is meant by a walk-through. Must walk-through
be performed during audits of internal control
over financial reporting? May the client perform
a walk-through and the auditors then review the
clients work? Remember to complete all parts of
the problems. Do not forget to show the necessary
steps and explain how you attained that outcome
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ACC410 Inspiring Innovation--snaptutorial.com
ACC 410 Week 3 DQ 1 Audit Programs  For more
classes visit www.snaptutorial.com Audit
Programs. All experienced auditors would design
exactly the same audit program for a particular
audit engagement. Do you agree? Explain.
Remember to complete all parts of the problems.
Do not forget to show
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ACC410 Inspiring Innovation--snaptutorial.com
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