ACC 492 Assist Peer Educator/acc492assistdotcom

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2. ACC 492 Entire Course ACC 492 Week 1 Individual Assignment Assignments From the Text • ACC 492 Week 1 Individual Assignment Payroll Flowchart • ACC 492 Week 1 Individual Multiple Choice • ACC 492 Week 1 Quiz • 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 Assist Peer Educator/acc492assistdotcom

3. ACC 492 Week 1 Individual Assignment Payroll Flowchart ACC 492 Week 1 Individual Multiple Choice • www.acc492assist.com • Post your flowchart in the Assignments folder. Prepare flowcharts of the revenue and payroll cycle in your organization. Then, prepare a 300-500-word examination of the cycles. Be sure to examine the internal controls within each cycle and any internal controls limitations that may exist. • 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. • 1. Which of the following accounts in a merchandising company is affected by both the revenue cycle and another cycle? • a. sales • b. sales returns and allowances • c. inventory • d. accounts receivable • e. accounts payable ACC 492 Assist Peer Educator/acc492assistdotcom

4. ACC 492 Week 1 Quiz ACC 492 Week 2 Individual Assignment from the Text • 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%) • 3. How are revenues measured? [Not asking for currency here](30%) • 4. List any three types of transactions normally processed by the revenue process. (30%) • 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 Assist Peer Educator/acc492assistdotcom

5. ACC 492 Week 2 Individual Multiple Choice ACC 492 Week 2 Quiz • 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. • 1. Which of the following accounts does not appear in the acquisition and expenditure cycle? • a. Cash. • b. Purchases Returns. • c. Sales Returns. • d. Prepaid Insurance. • 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 Assist Peer Educator/acc492assistdotcom

6. ACC 492 Week 2 Team Assignment Internal Control Questionnaire ACC 492 Week 3 Individual Multiple Choice Quiz • 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 questionnaire for either an asset- or liability-related business cycle within the selected organization • 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? ACC 492 Assist Peer Educator/acc492assistdotcom

7. ACC 492 Week 3 Quiz ACC 492 Week 3 Team Assignment Audit Program Development • 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%) • 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. Then, develop an audit program to meet your stated audit objectives. ACC 492 Assist Peer Educator/acc492assistdotcom

8. ACC 492 Week 4 Individual Multiple Choice Quiz ACC 492 Week 4 Quiz • 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. • 1. The auditor's responsibilities with regard to audit works is usually up to the last date of field works. (True/False) ACC 492 Assist Peer Educator/acc492assistdotcom

9. ACC 492 Week 4 Team Assignment Audit Program Presentation ACC 492 Week 5 Individual Assignment Issuing Audit Program Simulation • Audit Program Presentation. Prepare 8-10 Microsoft® PowerPoint® slides illustrating your Learning Team’s Audit Questionnaire and the results of your completed Audit Program. • 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: ACC 492 Assist Peer Educator/acc492assistdotcom

10. ACC 492 Week 5 Team Assignment Case study assignment • 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. ACC 492 Assist Peer Educator/acc492assistdotcom

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