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ACC 492 TUTOR Expert Level ACC 492 Entire Course FOR MORE CLASSES VISIT www.acc492tutor.com ACC 492 Week 1 Individual Assignment Payroll FlowchartACC 492 Week 1 Individual Multiple Choice
ACC 492 TUTOR Expert Level ACC 492 Week 1 DQ 1(New) FOR MORE CLASSES VISIT www.acc492tutor.com What account balances are included in a revenue and collection cycle? What specific control procedures should be in place and operating in internal control governing revenue recognition and cash accounting?
ACC 492 TUTOR Expert Level ACC 492 Week 1 DQ 2(New) FOR MORE CLASSES VISIT www.acc492tutor.com Why is it important to place emphasis on the existence and rights (ownership) assertions when auditing accounts receivable?
ACC 492 TUTOR Expert Level ACC 492 Week 1 Individual Assignment Assignments From the Text(New) FOR MORE CLASSES VISIT www.acc492tutor.com Resource: Ch. 14 of Modern Auditing Dowload the Adobe® Reader® version of Ch. 14 to complete this assignment. Click on the link for Ch. 14 of Modern Auditing on the course website. Click Download eBook on the left-hand side of the page.
ACC 492 TUTOR Expert Level ACC 492 Week 1 Individual Assignment Assignments From the Text FOR MORE CLASSES VISIT www.acc492tutor.com Click on the link for Ch. 14 of Modern Auditing on the course website. Click Download eBook on the left-hand side of the page. Download Ch. 14 of Modern Auditing
ACC 492 TUTOR Expert Level ACC 492 Week 1 Individual Assignment Payroll Flowchart FOR MORE CLASSES VISIT www.acc492tutor.com Post your flowchart in the Assignments folder. Prepare flowcharts of the revenue and payroll cycle in your organization.
ACC 492 TUTOR Expert Level ACC 492 Week 1 Individual Multiple Choice FOR MORE CLASSES VISIT www.acc492tutor.com Post your answers to the Multiple Choice Questions in the Assignments folder. Be prepared to take a quiz on topics covered in the assigned readings for Week one.
ACC 492 TUTOR Expert Level ACC 492 Week 1 Quiz FOR MORE CLASSES VISIT www.acc492tutor.com 1. In an accrual accounting system, revenues are recognized as goods are delivered or as services are rendered. (True/False) 2. Give a brief definition of revenue. (30%)
ACC 492 TUTOR Expert Level ACC 492 Week 2 DQ 1(New) FOR MORE CLASSES VISIT www.acc492tutor.com How might a purchasing manager use his or her position to defraud the company? What can be done to prevent it? Where could an auditor look to find evidence of losses on purchase commitments and unrecorded liabilities to vendors?
ACC 492 TUTOR Expert Level ACC 492 Week 2 DQ 2(New) FOR MORE CLASSES VISIT www.acc492tutor.com Why does the auditor examine travel and entertainment expenses? What would poor controls regarding executive reimbursements say about the tone at the top for purposes of evaluating and reporting on internal control?
ACC 492 TUTOR Expert Level ACC 492 Week 2 Individual Assignment Assignments From the Text(New) FOR MORE CLASSES VISIT www.acc492tutor.com Resource: Modern Auditing Prepare written answers to the following assignments: Ch. 16-33: Comprehensive Question Control Activities in Payroll Processing Ch. 16-35: Comprehensive Question Potential Misstatements/Tests of Controls – Payroll
ACC 492 TUTOR Expert Level ACC 492 Week 2 Individual Assignment from the Text FOR MORE CLASSES VISIT www.acc492tutor.com Post your answers to the following assignments from the text in your Assignments folder. Prepare responses to the questions posed by the following: Learning Check 15:5 from the text, Modern Auditing: Assurance Services and the Integrity of Financial Reporting (8th ed.) by Boynton and Johnson.
ACC 492 TUTOR Expert Level ACC 492 Week 2 Individual Multiple Choice FOR MORE CLASSES VISIT www.acc492tutor.com Post your answers to the Multiple Choice Questions in the Assignments folder. Please post your answers to the Multiple Choice questions to the Assignments section.
ACC 492 TUTOR Expert Level ACC 492 Week 2 Learning Team Assignment Apollo Shoe Case Assignment(New) FOR MORE CLASSES VISIT www.acc492tutor.com Resource: Apollo Shoe Case link in Week Two on the Materials page Complete the following audit sections: See the Course Materials folder for Clarification Revenue and Expenses Before completing this section
ACC 492 TUTOR Expert Level ACC 492 Week 2 Quiz FOR MORE CLASSES VISIT www.acc492tutor.com Be prepared to take a quiz on topics covered in the assigned readings for Week two. 1. Expenses are normally accrued at the end of the accounting period by a small business that follows the cash method of accounting. (True/False).
ACC 492 TUTOR Expert Level ACC 492 Week 2 Team Assignment Internal Control Questionnaire FOR MORE CLASSES VISIT www.acc492tutor.com Internal Controls Questionnaire. Select a Learning Team member’s organization as the basis for this and subsequent Learning Team meeting assignments. Develop and complete an internal controls
ACC 492 TUTOR Expert Level ACC 492 Week 3 DQ 1(New) FOR MORE CLASSES VISIT www.acc492tutor.com What internal control components are common among long-term assets, liabilities, and equity accounts? What components are unique to each? How can an auditor assess these controls
ACC 492 TUTOR Expert Level ACC 492 Week 3 DQ 2(New) FOR MORE CLASSES VISIT www.acc492tutor.com What are the key management assertions related to equity? What are the most important assertions related equity? How will auditors test these assertions?
ACC 492 TUTOR Expert Level ACC 492 Week 3 Individual Assignment Assignments From the Text(New) FOR MORE CLASSES VISIT www.acc492tutor.com Resource: Modern Auditing Prepare written answers to the following assignments Ch. 16-26: Comprehensive Question Evaluation of Internal Controls – Raw Materials and Supplies Inventory Ch. 16-29: Comprehensive Question Computer-Assisted Substantive Tests for Inventory
ACC 492 TUTOR Expert Level ACC 492 Week 3 Individual Multiple Choice Quiz FOR MORE CLASSES VISIT www.acc492tutor.com Post your answers to the Multiple Choice Questions in your Assignments folder. 1. Which of the following approaches is most suitable for auditing the finance and investment cycle? a. Perform extensive tests of controls and limit substantive procedures to analytical procedures.
ACC 492 TUTOR Expert Level ACC 492 Week 3 Learning Team Assignment Apollo Shoe Case Assignment(New) FOR MORE CLASSES VISIT www.acc492tutor.com Learning Check 18-2 Learning Check 18-15 Comprehensive Question 18-25 (controls and substantive tests for investment transactions)
ACC 492 TUTOR Expert Level ACC 492 Week 3 Quiz FOR MORE CLASSES VISIT www.acc492tutor.com 1. Internal control is a process effected by an entity’s board of directors, management, and other personnel that is designed to provide reasonable assurance regarding the achievement of objectives. (True/False) (10%)
ACC 492 TUTOR Expert Level ACC 492 Week 3 Team Assignment Audit Program Development FOR MORE CLASSES VISIT www.acc492tutor.com Audit Program Development. Based on the findings of the Internal Controls Questionnaire your team developed in Learning Team Meeting One, prepare a list of audit objectives for your selected business cycle.
ACC 492 TUTOR Expert Level ACC 492 Week 4 DQ 1(New) FOR MORE CLASSES VISIT www.acc492tutor.com What are the steps that are required for an auditor to finalize the audit? Which steps are the most crucial to the outcome of the audit? How will these steps affect the final audit decision?
ACC 492 TUTOR Expert Level ACC 492 Week 4 DQ 2(New) FOR MORE CLASSES VISIT www.acc492tutor.com What types of opinions does an auditor issue other than unqualified? How does an opinion other than unqualified affect the client? In your opinion, which is the worst? What are the circumstances that warrant each type of opinion?
ACC 492 TUTOR Expert Level ACC 492 Week 4 Individual Assignment Assignments From the Text(New) FOR MORE CLASSES VISIT www.acc492tutor.com Resource: Modern Auditing Prepare answers to the following assignments: Ch. 17-22: Comprehensive Question Internal Controls for Plant Assets Ch. 17-26: Comprehensive Question Substantive Tests and Disclosures for Long-Term Debt
ACC 492 TUTOR Expert Level ACC 492 Week 4 Individual Assignment Case Study(New) FOR MORE CLASSES VISIT www.acc492tutor.com Case 8.1: Laramie Wire Manufacturing: Using Analytical Procedures in Audit Planning
ACC 492 TUTOR Expert Level ACC 492 Week 4 Individual Multiple Choice Quiz FOR MORE CLASSES VISIT www.acc492tutor.com Post your answers to the Multiple Choice Questions in your Assignments folder 1. A CPA found that the company has not capitalized a material amount of leases in the financial statements. When considering the materiality of this departure from GAAP, the CPA would choose between which reporting options?
ACC 492 TUTOR Expert Level ACC 492 Week 4 Learning Team Assignment Apollo Shoe Case Assignment(New) FOR MORE CLASSES VISIT www.acc492tutor.com Resource: Apollo Shoes Case Materials located on the Week Four student website Complete the following audit sections: See the Course Materials folder for Clarification Prepaids and Other Assets
ACC 492 TUTOR Expert Level ACC 492 Week 4 Learning Team Assignment Assignments From the Text(New) FOR MORE CLASSES VISIT www.acc492tutor.com ACC 492 Week 4 Learning Team Assignment Assignments From the Text(New)
ACC 492 TUTOR Expert Level ACC 492 Week 4 Quiz FOR MORE CLASSES VISIT www.acc492tutor.com 1. The auditor's responsibilities with regard to audit works is usually up to the last date of field works. (True/False)
ACC 492 TUTOR Expert Level ACC 492 Week 4 Team Assignment Audit Program Presentation FOR MORE CLASSES VISIT www.acc492tutor.com Audit Program Presentation. Prepare 8-10 Microsoft® PowerPoint® slides illustrating your Learning Team’s Audit Questionnaire and the results of your completed Audit Program.
ACC 492 TUTOR Expert Level ACC 492 Week 5 Individual Assignment Assignments From the Text(New) FOR MORE CLASSES VISIT www.acc492tutor.com Prepare written answers to the following assignments: Ch. 19-23: Comprehensive Question Subsequent Events
ACC 492 TUTOR Expert Level ACC 492 Week 5 Individual Assignment Case Study(New) FOR MORE CLASSES VISIT www.acc492tutor.com Resources: Case 12.4: Surfer Dude Duds, Inc.: Considering the Going-Concern Assumption Prepare written answers that follow the case
ACC 492 TUTOR Expert Level ACC 492 Week 5 Individual Assignment Issuing Audit Program Simulation FOR MORE CLASSES VISIT www.acc492tutor.com Issuing Audit Reports Simulation. Complete the simulation “Issuing Audit Reports” located on the Materials page. After completing the simulation, prepare a 350-word response to following questions: a) What are the different types of audit reports and when should each be used?
ACC 492 TUTOR Expert Level ACC 492 Week 5 Individual Assignment Issuing Audit Reports Simulation(New) FOR MORE CLASSES VISIT www.acc492tutor.com Resources: Issuing Audit Reports simulation located on the Week Five Materials page Complete the simulation.
ACC 492 TUTOR Expert Level ACC 492 Week 5 Learning Team Assignment Case Study Assignment and Presentation(New) FOR MORE CLASSES VISIT www.acc492tutor.com Resource: Case 4.1: Enron Corporation and Andersen, LLP: Analyzing the Fall of Two Giants in Auditing Cases Complete the questions at the end of the case.
ACC 492 TUTOR Expert Level ACC 492 Week 5 Team Assignment Case study assignment FOR MORE CLASSES VISIT www.acc492tutor.com Work on the following assignment with your Learning Team, and then have one member of your team post a collective response from the team in the Assignments folder of the responsible individual.