Acc 492 outlet education terms acc492outlet com
This presentation is the property of its rightful owner.
Sponsored Links
1 / 23

ACC 492 OUTLET Education Terms/acc492outlet.com PowerPoint PPT Presentation


ACC 492 OUTLET course provides students with the opportunity to integrate and apply their learning from the course.

Download Presentation

ACC 492 OUTLET Education Terms/acc492outlet.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.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Acc 492 outlet education terms acc492outlet com

ACC 492 OUTLET Education Terms/acc492outlet.com


Acc 492 outlet education terms acc492outlet com1

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 Week 1 DQ 1 (New)

FOR MORE CLASSES VISIT

www.acc492outlet.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? What assertions are made about classes of transactions and events in the revenue and collection cycle?


Acc 492 outlet education terms acc492outlet com2

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 Week 1 DQ 2 (New)

FOR MORE CLASSES VISIT

www.acc492outlet.com

Why is it important to place emphasis on the existence and rights (ownership) assertions when auditing accounts receivable? Which audit procedures are usually the most useful for auditing the existence and rights assertions? What analytical procedures might be informative regarding the existence assertion?


Acc 492 outlet education terms acc492outlet com3

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 Week 1 Individual Assignment Assignments From the Text (New)

FOR MORE CLASSES VISIT

www.acc492outlet.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 outlet education terms acc492outlet com4

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 Week 2 DQ 1 (New)

FOR MORE CLASSES VISIT

www.acc492outlet.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 outlet education terms acc492outlet com5

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 Week 2 DQ 2 (New)

FOR MORE CLASSES VISIT

www.acc492outlet.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? How might the auditor effectively use analytical procedures in the audit of various expense accounts, such as miscellaneous expenses?


Acc 492 outlet education terms acc492outlet com6

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 Week 2 Individual Assignment Assignments From the Text (New)

FOR MORE CLASSES VISIT

www.acc492outlet.com

Resource: Modern Auditing

Prepare written answers to the following assignments:

· Ch. 16-33: Comprehensive Question Control Activities in Payroll Processing


Acc 492 outlet education terms acc492outlet com7

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 Week 2 Learning Team Assignment Apollo Shoe Case Assignment (New)

FOR MORE CLASSES VISIT

www.acc492outlet.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


Acc 492 outlet education terms acc492outlet com8

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 Week 3 DQ 1 (New)

FOR MORE CLASSES VISIT

www.acc492outlet.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 outlet education terms acc492outlet com9

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 Week 3 DQ 2 (New)

FOR MORE CLASSES VISIT

www.acc492outlet.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 outlet education terms acc492outlet com10

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 Week 3 Individual Assignment Assignments From the Text (New)

FOR MORE CLASSES VISIT

www.acc492outlet.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


Acc 492 outlet education terms acc492outlet com11

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 Week 3 Learning Team Assignment Apollo Shoe Case Assignment (New)

FOR MORE CLASSES VISIT

www.acc492outlet.com

Learning Check 18-2

Learning Check 18-15

Comprehensive Question 18-25 (controls and substantive tests for investment transactions)


Acc 492 outlet education terms acc492outlet com12

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 Week 4 DQ 1 (New)

FOR MORE CLASSES VISIT

www.acc492outlet.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 outlet education terms acc492outlet com13

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 Week 4 DQ 2 (New)

FOR MORE CLASSES VISIT

www.acc492outlet.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 outlet education terms acc492outlet com14

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 Week 4 Individual Assignment Assignments From the Text (New)

FOR MORE CLASSES VISIT

www.acc492outlet.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 outlet education terms acc492outlet com15

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 Week 4 Individual Assignment Case Study (New)

FOR MORE CLASSES VISIT

www.acc492outlet.com

Case 8.1: Laramie Wire Manufacturing: Using Analytical Procedures in Audit Planning


Acc 492 outlet education terms acc492outlet com16

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 Week 4 Learning Team Assignment Apollo Shoe Case Assignment (New)

FOR MORE CLASSES VISIT

www.acc492outlet.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 outlet education terms acc492outlet com17

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 Week 4 Learning Team Assignment Assignments From the Text (New)

FOR MORE CLASSES VISIT

www.acc492outlet.com

Resource: Modern Auditing

Prepare written answers to the following assignments:

· Ch. 17-27: Comprehensive Question Substantive Tests for Stockholders’ Equity Balances


Acc 492 outlet education terms acc492outlet com18

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 Week 5 Individual Assignment Assignments From the Text (New)

FOR MORE CLASSES VISIT

www.acc492outlet.com

Prepare written answers to the following assignments:

Ch. 19-23: Comprehensive Question Subsequent Events


Acc 492 outlet education terms acc492outlet com19

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 Week 5 Individual Assignment Case Study (New)

FOR MORE CLASSES VISIT

www.acc492outlet.com

Resources: Case 12.4: Surfer Dude Duds, Inc.: Considering the Going-Concern Assumption

Prepare written answers that follow the case


Acc 492 outlet education terms acc492outlet com20

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 Week 5 Individual Assignment Issuing Audit Reports Simulation (New)

FOR MORE CLASSES VISIT

www.acc492outlet.com

Resources: Issuing Audit Reports simulation located on the Week Five Materials page

Complete the simulation.

Prepare a 500-word response to the following questions:

· What are the different types of audit reports and when should each be used?


Acc 492 outlet education terms acc492outlet com21

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 OUTLET Education Terms/acc492outlet.com

ACC 492 Week 5 Learning Team Assignment Case Study Assignment and Presentation (New)

FOR MORE CLASSES VISIT

www.acc492outlet.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.

Prepare a 500-650 word response to the following questions:

· What are the principles of the AICPA Code of Professional Conduct?


Acc 492 outlet education terms acc492outlet com22

ACC 492 OUTLET Education Terms/acc492outlet.com


  • Login