1 / 24

ACC 546 Help Successful Learning/uophelp.com

ACC 546 Help Successful Learning/uophelp.com<br>

luyny
Download Presentation

ACC 546 Help Successful Learning/uophelp.com

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. ACC 546 Help Successful Learning/uophelp.com For more course tutorials visit www.uophelp.com

  2. For more course tutorials visit www.uophelp.com ACC 546 All Assignments 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

  3. For more course tutorials visit www.uophelp.com ACC 546 Assignment Burlington Bees [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 aggregated level?

  4. For more course tutorials visit www.uophelp.com ACC 546 Case 2.2 Apple Inc. 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 client’s business risk on the audit engagement [2] Describe the types of information relevant to evaluate an audit client’s business risk

  5. For more course tutorials visit www.uophelp.com ACC 546 Case 3.3 The Anonymous Caller 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?

  6. For more course tutorials visit www.uophelp.com ACC 546 Case 4.1 Enron Corporation Andersen LLP 1)What were the business risks Enron faced, and how did those risks increase the likelihood of material misstatement in Enron’s financial statements?  2) In your own words, summarize how Enron used SPE’s to hide large amounts of company debt (a) What are the responsibilities of a company’s board of directors?  (b) Could the board of directors at Enron-especially the audit committee-have prevented the fall of Enron? 

  7. For more course tutorials visit www.uophelp.com ACC 546 Case 5.1 Simply Steam Co. Commitment to Integrity and Ethical Values Board of Directors Demonstrates Independence and Appropriate Oversight Management’s Philosophy and Operating Style Management Establishes Structure and Reporting Lines to Achieve Objectives Financial Reporting Competencies

  8. For more course tutorials visit www.uophelp.com ACC 546 Case 7.1 Anne Aylor Inc 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?

  9. For more course tutorials visit www.uophelp.com ACC 546 CASE 9.1 Wallys Billboard Sign Supply CASE 9.1 Wally’s 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?

  10. For more course tutorials visit www.uophelp.com ACC 546 Case 9.3 Longeta Corporation 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 transaction’s 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.

  11. For more course tutorials visit www.uophelp.com ACC 546 Case 9.4 Buds Big Blue Manufacturing ase 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 standards).

  12. For more course tutorials visit www.uophelp.com ACC 546 Case 9.7 RedPack Beer Company 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 RedPack’s 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 E. Use that information to address the following:

  13. For more course tutorials visit www.uophelp.com ACC 546 Case 10.4 and 10.5 Southeast Shoe Distributor Inc (Score 100%) 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.

  14. For more course tutorials visit www.uophelp.com ACC 546 Case 11.1 The Runners Shop 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.

  15. For more course tutorials visit www.uophelp.com ACC 546 Case 12.1 EyeMax Corporation 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 plannedfieldwork has been completed. Recall that total financial statement materiality has been set at $625,000.Taking into account the information provided, please answer the following question.[1] Which of the following three alternatives best describes the conditions under which you

  16. For more course tutorials visit www.uophelp.com ACC 546 Case 12.2 Auto Parts Inc 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?

  17. For more course tutorials visit www.uophelp.com ACC 546 Case 12.4 Surfer Dude Duds Inc ACC 546 Case 12.4 Surfer Dude Duds, Inc [1] What are Scott’s 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.

  18. For more course tutorials visit www.uophelp.com ACC 546 Individual Assignment 1.1 Ocean Manufacturing, Inc 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 justify your position in light of the information in the case. Include consideration of reasons both for and against acceptance and be sure to address both financial and nonfinancial issues to justify your recommendation.

  19. For more course tutorials visit www.uophelp.com ACC 546 Individual Assignment Case 5.3 Red Bluff Inn Café 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 each concern, generate two or three controls that could effectively reduce risk related to your concerns. Use common sense and be creative!

  20. For more course tutorials visit www.uophelp.com ACC 546 Individual Assignment Case 5.6 Sarbox Scooter Inc. 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?

  21. For more course tutorials visit www.uophelp.com ACC 546 Individual Assignment Evaluating the Case Against Lehman Brothers 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 firm’s accountants, and government regulators. Provide an update in the case against the firm, its top executives, and accountants.

  22. For more course tutorials visit www.uophelp.com ACC 546 Laramie Wire Manufacturing Assignment ACC 546 Laramie Wire Manufacturing Assignment

  23. For more course tutorials visit www.uophelp.com ACC 546 Week 1 Assignment Avoiding Bias Paper 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: Availability Tendency Confirmation Tendency Overconfidence Tendency Anchoring Tendency

  24. ACC 546 Help Successful Learning/uophelp.com For more course tutorials visit www.uophelp.com

More Related