1 / 12

ACC 492 NEW Focus Dreams / tutorialrank.com

For more course tutorials visit<br>www.tutorialrank.com<br><br>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

home295
Download Presentation

ACC 492 NEW Focus Dreams / tutorialrank.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 492 NEW Focus Dreams / tutorialrank.com

  2. ACC 492 NEW Focus Dreams / tutorialrank.com ACC 492 Week 1 DQ 1(New) For more course tutorials visit www.tutorialrank.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

  3. ACC 492 NEW Focus Dreams / tutorialrank.com ACC 492 Week 1 DQ 2(New) For more course tutorials visit www.tutorialrank.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?

  4. ACC 492 NEW Focus Dreams / tutorialrank.com ACC 492 Week 2 DQ 2(New) For more course tutorials visit www.tutorialrank.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

  5. ACC 492 NEW Focus Dreams / tutorialrank.com ACC 492 Week 2 Week 2 Quiz For more course tutorials visit www.tutorialrank.com ACC 492 WEEK 2 Week 2 Quiz A CPA obtains a January 10 cutoff bank statement for a client directly from the bank. Very few of the outstanding checks listed on the client’s December 31 bank reconciliation cleared during the cutoff period.

  6. ACC 492 NEW Focus Dreams / tutorialrank.com ACC 492 Week 3 DQ 1(New) For more course tutorials visit www.tutorialrank.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

  7. ACC 492 NEW Focus Dreams / tutorialrank.com ACC 492 Week 3 DQ 2(New) For more course tutorials visit www.tutorialrank.com What are the key management assertions related to equity? What are the most important assertions related equity? How will auditors test these assertions?

  8. ACC 492 NEW Focus Dreams / tutorialrank.com ACC 492 Week 3 Quiz For more course tutorials visit www.tutorialrank.com ACC 492 WEEK 3 Week 3 Quiz Control risk is the risk that a material misstatement in an account will not be prevented or detected on a timely basis by the client’s internal controls. The best control to prevent or detect fictitious payroll

  9. ACC 492 NEW Focus Dreams / tutorialrank.com ACC 492 Week 4 DQ 1(New) For more course tutorials visit www.tutorialrank.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?

  10. ACC 492 NEW Focus Dreams / tutorialrank.com ACC 492 Week 4 DQ 2(New) For more course tutorials visit www.tutorialrank.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?

  11. ACC 492 NEW Focus Dreams / tutorialrank.com ACC 492 Week 4 Week 4 Quiz For more course tutorials visit www.tutorialrank.com ACC 492 WEEK 4 Week 4 Quiz Budd, the purchasing agent of Lake Hardware Wholesalers, has a relative who owns a retail hardware store. Budd arranged for hardware to be delivered by manufacturers to the relative’s retail store on a COD basis,

  12. ACC 492 NEW Focus Dreams / tutorialrank.com

More Related