Title: ACC 546 PAPER Wonderful Education--acc546paper.com
1ACC 546 PAPER Wonderful Education--acc546paper.com
2ACC 546 PAPER Wonderful Education--acc546paper.com
ACC 546 All Assignments FOR MORE CLASSES
VISIT www.acc546paper.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 ACC 546
Individual Assignment 1.1 Ocean Manufacturing,
Inc
3ACC 546 PAPER Wonderful Education--acc546paper.com
ACC 546 Assignment Burlington Bees FOR MORE
CLASSES VISIT www.acc546paper.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
4ACC 546 PAPER Wonderful Education--acc546paper.com
ACC 546 Case 2.2 Apple Inc. FOR MORE CLASSES
VISIT www.acc546paper.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 of information relevant to
evaluate an audit clients business risk 3
Identify and evaluate the factors important in
assessing an audit clients business risk and
risk of material financial misstatement
INTRODUCTION1 a Apples Sales Net income
5ACC 546 PAPER Wonderful Education--acc546paper.com
ACC 546 Case 3.3 The Anonymous Caller FOR MORE
CLASSES VISIT www.acc546paper.com 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? 3 The Financial Accounting
Standards Board (FASB) and the International
Accounting Standards Board (IASB) recently
completed a joint project to develop a common
6ACC 546 PAPER Wonderful Education--acc546paper.com
ACC 546 Case 4.1 Enron Corporation Andersen,
LLP FOR MORE CLASSES VISIT www.acc546paper.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?
7ACC 546 PAPER Wonderful Education--acc546paper.com
ACC 546 Case 5.1 Simply Steam, Co. FOR MORE
CLASSES VISIT www.acc546paper.com 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
8ACC 546 PAPER Wonderful Education--acc546paper.com
ACC 546 Case 7.1 Anne Aylor, Inc FOR MORE
CLASSES VISIT www.acc546paper.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
9ACC 546 PAPER Wonderful Education--acc546paper.com
ACC 546 CASE 9.1 Wallys Billboard Sign
Supply FOR MORE CLASSES VISIT www.acc546paper.co
m 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
10ACC 546 PAPER Wonderful Education--acc546paper.com
ACC 546 Case 9.3 Longeta Corporation FOR MORE
CLASSES VISIT www.acc546paper.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)
11ACC 546 PAPER Wonderful Education--acc546paper.com
ACC 546 Case 9.4 Bud's Big Blue
Manufacturing FOR MORE CLASSES
VISIT www.acc546paper.com Case 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
12ACC 546 PAPER Wonderful Education--acc546paper.com
ACC 546 Case 9.7 RedPack Beer Company FOR MORE
CLASSES VISIT www.acc546paper.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 transcript of your interview
notes is provided as Schedule
13ACC 546 PAPER Wonderful Education--acc546paper.com
ACC 546 Case 10.4 and 10.5 Southeast Shoe
Distributor, Inc (Score 100) FOR MORE CLASSES
VISIT www.acc546paper.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 schedule E 11. Then update
the accounts payable lead schedule on audit
schedule E 10
14ACC 546 PAPER Wonderful Education--acc546paper.com
ACC 546 Case 11.1 The Runners Shop FOR MORE
CLASSES VISIT www.acc546paper.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 Brown, LLPs
audit documentation guidelines and explain
15ACC 546 PAPER Wonderful Education--acc546paper.com
ACC 546 Case 12.1 EyeMax Corporation FOR MORE
CLASSES VISIT www.acc546paper.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,
16ACC 546 PAPER Wonderful Education--acc546paper.com
ACC 546 Case 12.2 Auto Parts. Inc FOR MORE
CLASSES VISIT www.acc546paper.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
17ACC 546 PAPER Wonderful Education--acc546paper.com
ACC 546 Case 12.4 Surfer Dude Duds, Inc FOR
MORE CLASSES VISIT www.acc546paper.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
18ACC 546 PAPER Wonderful Education--acc546paper.com
ACC 546 Individual Assignment 1.1 Ocean
Manufacturing, Inc FOR MORE CLASSES
VISIT www.acc546paper.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,
19ACC 546 PAPER Wonderful Education--acc546paper.com
ACC 546 Individual Assignment Case 5.3 Red Bluff
Inn Café FOR MORE CLASSES VISIT www.acc546pape
r.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
20ACC 546 PAPER Wonderful Education--acc546paper.com
ACC 546 Individual Assignment Case 5.6 Sarbox
Scooter, Inc. FOR MORE CLASSES
VISIT www.acc546paper.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
21ACC 546 PAPER Wonderful Education--acc546paper.com
ACC 546 Individual Assignment Evaluating the Case
Against Lehman Brothers FOR MORE CLASSES
VISIT www.acc546paper.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.
22ACC 546 PAPER Wonderful Education--acc546paper.com
ACC 546 Laramie Wire Manufacturing
Assignment FOR MORE CLASSES VISIT www.acc546pape
r.com ACC 546 Laramie Wire Manufacturing
Assignment
23ACC 546 PAPER Wonderful Education--acc546paper.com
ACC 546 Week 1 Assignment Avoiding Bias
Paper FOR MORE CLASSES VISIT www.acc546paper.com
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
24ACC 546 PAPER Wonderful Education--acc546paper.com