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For more course tutorials visit www.newtonhelp.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 – PowerPoint PPT presentation

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Title: ACC 410 Redefine the Possible/newtonhelp.com  


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ACC 410 Redefine the Possible/newtonhelp.com  
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ACC 410 Redefine the Possible/newtonhelp.com  
  • ACC 410 Entire Course (Ash Course)
  • For more course tutorials visit
  • www.newtonhelp.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

3
ACC 410 Redefine the Possible/newtonhelp.com  
  • ACC 410 Week 1 Assignment Generally Accepted
    Auditing Standards (Ash course)
  • For more course tutorials visit
  • www.newtonhelp.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.

4
ACC 410 Redefine the Possible/newtonhelp.com  
  • ACC 410 Week 1 DQ 1 Internal vs. External Audit
    Staffs (Ash course)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • 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
    relationship of the internal auditing staff to
    Spacecraft.

5
ACC 410 Redefine the Possible/newtonhelp.com  
  • ACC 410 Week 1 DQ 2 Audit Reports (Ash course)
  • For more course tutorials visit
  • www.newtonhelp.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,

6
ACC 410 Redefine the Possible/newtonhelp.com  
  • ACC 410 Week 2 Assignment Analytical Procedures
    (Ash course)
  • For more course tutorials visit
  • www.newtonhelp.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

7
ACC 410 Redefine the Possible/newtonhelp.com  
  • ACC 410 Week 2 DQ 1 Balance Sheet Verification
    (Ash course)
  • For more course tutorials visit
  • www.newtonhelp.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.

8
ACC 410 Redefine the Possible/newtonhelp.com  
  • ACC 410 Week 2 DQ 2 Accounting Principles (Ash
    course)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Accounting Principles. Discuss what is meant by
    the phrase shopping for accounting principles.
    What mechanisms have served to prevent this
    practice by management? Remember to complete all
    parts of the problems.

9
ACC 410 Redefine the Possible/newtonhelp.com  
  • ACC 410 Week 3 Assignment Internal Control Case
    (Ash course)
  • For more course tutorials visit
  • www.newtonhelp.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,

10
ACC 410 Redefine the Possible/newtonhelp.com  
  • ACC 410 Week 3 DQ 1 Audit Programs (Ash course)
  • For more course tutorials visit
  • www.newtonhelp.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.

11
ACC 410 Redefine the Possible/newtonhelp.com  
  • ACC 410 Week 3 DQ 2 Internal Control Procedures
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Internal Control Procedures. Describe what is
    meant by a walk-through. Must walk-throughs 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?

12
ACC 410 Redefine the Possible/newtonhelp.com  
  • ACC 410 week 4 Critical thinking Quiz
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ACC 410 week 4 Critical thinking Quiz

13
ACC 410 Redefine the Possible/newtonhelp.com  
  •  
  • ACC 410 Week 4 DQ 1 Legal Case (Ash course)
  • For more course tutorials visit
  • www.newtonhelp.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.

14
ACC 410 Redefine the Possible/newtonhelp.com  
  • ACC 410 Week 4 DQ 2 Ethics Case (Ash course)
  • For more course tutorials visit
  • www.newtonhelp.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.

15
ACC 410 Redefine the Possible/newtonhelp.com  
  • ACC 410 Week 5 Assignment Audit Report
    Modifications Paper (Ash course)
  • For more course tutorials visit
  • www.newtonhelp.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.

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ACC 410 Redefine the Possible/newtonhelp.com  
  • ACC 410 Week 5 DQ 1 Audit Reporting (Ash course)
  • For more course tutorials visit
  • www.newtonhelp.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).

17
ACC 410 Redefine the Possible/newtonhelp.com  
  • ACC 410 Week 5 DQ 2 Audit Reports (Ash course)
  • For more course tutorials visit
  • www.newtonhelp.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 immaterial?

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ACC 410 Redefine the Possible/newtonhelp.com  
  • ACC 410 Week 5 Final Paper Audit Plan Keystone
    Computers (Ash course)
  • For more course tutorials visit
  • www.newtonhelp.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.

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ACC 410 Redefine the Possible/newtonhelp.com  
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