...Week 1 Individual Assignment Generally Accepted Auditing Standards Paper Write a 700- to 1,050-word paper in which you explain the nature and functions of auditing. Relate your explanation to the audit functions in your organization, or an organization with which you are familiar. In your paper, be sure to address the following: Describe the elements of the Generally Accepted Auditing Standards (GAAS). Describe how these standards apply to financial, operational, and compliance audits. Explain the effect that the Sarbanes-Oxley Act of 2002, and the Public Company Accounting Oversight Board (PCAOB), will have on audits of publicly traded companies. Discuss the additional requirements that are placed on auditors from this Act, and the actions of the PCAOB. ACC 491 Week 1 DQs Access the SEC home page at http://www.sec.gov. What is one of the most recent litigation brought by the SEC against a public firm or against an accounting firm? Read the abstract of the complaint and download the document filed with the court. Comment on the nature of the litigation. What is one the most recent Staff Accounting Bulletin that provides guidance to the profession? What was the guidance given? The Sarbanes-Oxley Act of 2002 has been described as the most far-reaching legislation affecting business since the passage of the 1933 Securities Act. What are the specific portions of the legislation that affect the external audit profession...
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...Scooter, Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . 185 Scoping and Evaluation Judgments in the Audit of Internal Control over Financial Reporting 12.1 EyeMax Corporation . . . Evaluation of Audit Differences . . . . . . . . . . . . . . . . . . . . . . . 369 12.2 Auto Parts, Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 379 Considering Materiality When Evaluating Accounting Policies and Footnote Disclosures Instructor Resource Manual — Do Not Copy or Redistribute Instructor Resource Manual — Do Not Copy or Redistribute Anne Aylor, Inc. C a s e 7.1 Determination of Planning Materiality and Tolerable Misstatement Mark S. Beasley · Frank A. Buckless · Steven M. Glover · Douglas F. Prawitt Ins tr uc t ional O b je c t ive s [1] To provide experience with establishing planning materiality. [2] To provide experience with establishing tolerable misstatement for individual financial statement accounts. [3] To illustrate factors considered when establishing planning materiality. To illustrate different materiality bases considered when establishing planning materiality. [5] To illustrate factors considered when determining tolerable misstatement for individual accounts. [6] To illustrate reasons why the sum of tolerable misstatements commonly exceeds planning materiality. [4] KEY FACTS Anne...
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...Topics Question $20.00 ACC 546 Week 3 - Individual Assignment: The Audit Report and Internal Control (Get your A by Help from Proven A+ Tutor) Found in Business: General-Business Chapter 1, # 0 Posted by : TutorXpress Rating (506):A+ Questions Asked: 0 Tutorials Posted: 2255, Earned: $49,213.14 Q: Week Three Audit Reporting and Required Communications · Identify characteristics of audit evidence. · Evaluate the appropriateness of an audit report for a completed audit. · Describe audit sampling methods for tests of controls and substantive tests of transactions. Course Assignments 1. Readings · Read Ch. 3, 7, & 15 of Auditing and Assurance Services: An Integrated Approach. 3. Individual Assignment: The Audit Report and Internal Control Evaluation · Resource: pp. 62–63 in Ch. 3 of Auditing and Assurance Services: An Integrated Approach · Evaluate the evidence provided by Apollo Shoes. · Decide how to structure the audit report for the provided evidence. · Compose an audit report reflecting the appropriate length, sections, and content for the provided information. · Include a description of the evidence, the accounting sampling and testing procedures used, and a brief description of the value of the audit report. You may use pp. 62–63 in Ch. 3 of Auditing and Assurance Services to complete this assignment. Tutorial $20.00 ACC 546 Week 3 - Individual Assignment: The Audit Report and Internal Control (Get your A by Help...
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...com/acc-491-contemporary-auditing-1-complete-course-final-exam Product Description WEEK 1 Individual Assignment, Generally Accepted Auditing Standards Discussion Questions 1, 2 and 3 Weekly Summary WEEK 2 Individual Assignment from Text, Questions 1-23 Learning Team, Auditing, Attestation, and Assurance Services Paper 1 Learning Team, Auditing, Attestation, and Assurance Services Paper 2 Discussion Questions 1, 2 and 3 WEEK 3 Individual Assignment from Text, 5-29, 5-30, 6-20, 6-21, 6-22, 7-22 Learning Team Assignment, Assessing Materiality and Risk Simulation Paper Learning Team Assignment, Assessing Materiality and Risk Assessment Presentation Learning Team Assignments from Text, Exercises 6-26, 7-25 Discussion Questions 1, 2 and 3 WEEK 4 Individual Assignment from Text, 8-15, 8-16, 10-31, 10-32 Learning Team Assignment - Apollo Shoes Case Assignment Discussion Questions 1, 2 and 3 WEEK 5 Individual Assignment from Text, 11-6, 11-8, 11-9, 13-8 Learning Team Assignment - Audit Sampling Case Memo Weekly Summary Final Examination ACC 491 Contemporary Auditing 1, Complete Course + Final Exam Purchase here http://chosecourses.com/acc-491-contemporary-auditing-1-complete-course-final-exam Product Description WEEK 1 Individual Assignment, Generally Accepted Auditing Standards Discussion Questions 1, 2 and 3 Weekly Summary WEEK 2 Individual Assignment from Text, Questions 1-23 Learning Team, Auditing, Attestation...
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...sufficient time for a meaningful solution. Exceptional circumstances will also be considered at any time during the semester. Student Evaluation: Tests – 2 tests (mid-term and final- 100 pts each) 200 pts Cases: 6 total cases Group Cases: You are leader- 1@ 50 pts 50 pts You are group member- 2@25 pts 50 pts Individual Cases- 3 @ 33.33 pts 100 pts Total Points 400 pts Textbooks: Arens, Elder and , Auditing & Assurance Services: An Integrated Approach 15th ed., Prentice-Hall, 2014 Trussel, John M. and Frazer, J. Douglas The Lakeside Company: Case Studies in Auditing, 12th edition, Prentice-Hall , 2012 Student Learning Objectives- The student will be able to: 1. incorporate professional standards into case analyses and essay responses. 2. perform as a group leader and as a group member to organize work and present it in a professional manner. 3. develop solutions in light of both general business ethics and the AICPA Professional Code of Conduct. 4. demonstrate facility with basic audit steps and the documentation of such work. 5. demonstrate how...
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...Study Assignment 1 Case Study Assignment (20% of the total assessment) This assignment consists of two (2) separate components, a group based component and an individual component. The first component (group case study assignment) is based on Harvey Norman Holdings Limited and its controlled entities (ASX code HVN) and consists of a written report to be completed in groups. Groups of four (4) students are to be formed within your tutorial groups. Only one submission per group is to be made by the due date and time i.e. you should nominate one member to submit. The objective of the group case study component is to develop your communications skills and to test your ability to integrate skills learnt in this unit of study, i.e. to analyse a real company from the auditor’s perspective. The successful completion of this case study requires extensive research on HVN’s internal and external environments, operations, strategies and an analysis of the 2012 annual report (the 2013 annual report is not expected to be available until late September 2013 and as such students are not expected to use it for their assignment). You are expected to demonstrate ability to synthesise relevant background financial and non-financial information and apply analytical skills to this information to critically evaluate potential significant audit risks in relation to HVN. The second component is an individual reflection report. Each student must make an independent (individual) submission...
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... Week 1 Individual Assignment from the Text, 14-28, 14-30 Discussion Questions 1, 2 and 3 Week 2 Individual Assignment from the Text, 16-33, 16-35 Learning team Apollo Shoe Case Assignment Learning Team Payroll Schedule Discussion Questions 1, 2 and 3 Week 3 Individual Assignment from the Text, 16-26, 16-29 Learning team Apollo Shoe Learning team Apollo Shoe Case Assignment Discussion Questions 1, 2 and 3 Week 4 Individual Assignment from the Text, 17-22, 17-26 Individual Case Study Assignment Learning Team Apollo Shoe Case Assignment Learning Team Apollo Shoes Case Prepaid and Fixed Assets Learning Team Assignments from the Text, 17-27, 18-31 Discussion Questions 1, 2 and 3 Week 5 Individual Issuing Audit Reports Simulation Learning Team Case Study Assignment Learning Team Case Study Assignment and Presentation Sample Final Exam (36 Questions and Answers) ACC 492 Contemporary Auditing II Week 1 to 5 with Final Exam Purchase here http://chosecourses.com/acc-492-contemporary-auditing-ii-week-1-to-5-with-final-exam Product Description ACC 492 Contemporary Auditing II Week 1 Individual Assignment from the Text, 14-28, 14-30 Discussion Questions 1, 2 and 3 Week 2 Individual Assignment from the Text, 16-33, 16-35 Learning team Apollo Shoe Case Assignment Learning Team Payroll Schedule Discussion Questions 1, 2 and 3 Week 3 Individual Assignment from the Text...
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...Written Assignments [You can work in pairs, both are equally responsible.] These assignments are intended to provide practice at applying the concepts and techniques and also serve as a guide through the reading material. Written assignments are due at the beginning of each class for which they are assigned. Late assignments will not be accepted; if you are unable to attend class, you may have someone else deliver your assignment or you may mail it (in hardcopy) in advance of the class. Emailed assignments cannot be accepted. This is no set page limit but your assignments should be as concise as possible. Marks will be deducted for unnecessarily lengthy assignments. Research Project In this assignment, you will be required to assume the role of an audit engagement team in the financial audit of a publicly listed Canadian company. You will base your audit on the most recently available financial statements of the company together with any publicly available information assuming that this is an ongoing audit. You will be required to complete the Pre-engagement activities and Preliminary audit planning: Risk identification phases of the audit process (see pg. 127, Exhibit 5-1 of S&B (2013). Organize your written report in the format prescribed on pages 304-9 of S&B (2013). The file you submit will be the actual audit file for the partner as opposed to a report for a general audience. Therefore, your file must be appropriately referenced and crossed-referenced and should not...
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...[pic] COURSE: MKT 4398 – Strategic Brand Management TERM: Fall 2009 | | | |Section 05: 12:30-1:45 T-Th | | | | | |Room: HSB 101 | | PROFESSOR: Dr. Chris Pullig OFFICE: HSB 223 OFFICE HOURS: T-Th 1:45 – 4:00 or by appointment PHONE: 710-4769 (Office) and 836-0206 (Home) EMAIL: Chris_Pullig@Baylor.edu Course Description and Objectives: One of the most valuable assets for any firm is the brand associated with its products and/or services. Despite this, very little attention has been paid to the subject in business education. To address this, Strategic Brand Management is an advanced elective that addresses important branding decisions faced by an organization. Its basic objectives are: 1) to increase understanding of the important issues in planning and evaluating brand strategies; 2) to provide the appropriate theories, models, and other tools to make better branding decisions; and 3) to provide a forum for students to apply these principles. Specifically, we will cover: ...
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...as an essential part of good corporate governance practice. This has put organisations under increasing pressure to identify all the business risks they face and to explain how they manage them. In fact, the activities involved in managing risks have been recognised as playing a central and essential role in maintaining a sound system of internal control. While the responsibility for identifying and managing risks belongs to management, one of the key roles of internal audit is to provide assurance that those risks have been properly managed. We believe that a professional internal audit activity can best achieve its mission as a cornerstone of governance by positioning its work in the context of the organisation's own risk management framework. ________________________________________ What is risk based auditing? Our definition IIA defines risk based internal auditing (RBIA) as a methodology that links internal auditing to an organisation's overall risk management framework. RBIA allows internal audit to provide assurance to the board that risk management processes are managing risks effectively, in relation to the risk appetite. Is the organisation ready? Every organisation is different, with a different attitude to risk, different structure, different processes and different language. Experienced internal auditors need to adapt these ideas to the structures, processes and language of their organisation in order to implement RBIA. RBIA seeks at every stage to reinforce...
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...186ACC Coursework Assignment 2 A Reflective Essay Student ID: 186 ACC Coursework Assignment 2 – A Reflective Essay Introduction In this assignment I will be drawing upon what I have learnt in this semester’s module in order to better reflect on my strengths and weaknesses by supporting it with work and research conducted throughout the course. In conjunction with this I will be drawing upon the skills audit I conducted to help me create an action plan that addresses my individual needs and help develop a broader skill set. This would therefore make me more confident in communicating effectively in different situations. The course aims and objectives will be used with questionnaires, quizzes and other formats that were used to evaluate myself and preferential styles to show my strengths and weaknesses in this essay. In the introductory week we undertook a skills audits that helped us identify what our individuals learning styles where. I quickly learnt that I had similar results from both the audits and questionnaires which hinted that I am more reserved and observant. I was also told that I am very insightful and can express my own opinions well. The skills audit showed that I am more of a reflector/theorist (Online Skills Audit). Strengths and weaknesses: Main body I believe that all of my strengths are rather similar and therefore helps me conform very strong arguments which boast depth, analytical flare, and descriptive...
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...Staffing and Skills Human Capital Because of the competition for scarce human resources individual units within a company have to contend with attracting and retaining skilled employees. Internal audit is no different. The numerous career options available to new entrants and the seasoned audit practitioner make it imperative for audit managers to continually re-evaluate their approaches to ensure that the internal audit department is adequately staffed both in terms of numbers as well as skill sets to discharge its functions effectively. The IIA Attribute Standards / and Performance Standards are very clear and definitive on this: i) Attribute Standard 1210 - Proficiency Internal auditors should possess the knowledge, skills and other competencies needed to perform their individual responsibilities. The internal audit activity collectively should possess or obtain the knowledge, skills and other competencies needed to perform its responsibilities. ii) Performance Standard 2030 - Resource Management The Chief Audit Executive should ensure that internal audit resources are appropriate, sufficient and effectively deployed to achieve the approved plan. Professionalism Internal auditing is grounded in professionalism and efficiency. Today's internal auditors are a far cry from the 'fault finders' or 'policeman' role that the profession has long been associated with. Modern day internal auditors are routinely consulted on all aspects of the organisation's activities from strategic...
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...myhomeworkspot.com/ACC455-Corporate-Taxation-Complete-Class-002.htm Week 1 Individual Governmental Accounting Standards Board (GASB) and Financial Accounting Standards Board (FASB) Analysis Paper Prepare a 350- to 700-word paper comparing and contrasting GASB and FASB accounting. Explain the objectives of the two standards boards and how they are similar and different. Describe how the modified accrual basis of accounting differs from full accrual accounting. Format your paper consistent with APA guidelines. Discussion Questions DQ 1 Log into http://www.charitynavigator.org/. Choose a good charity and a bad charity and explain why you feel they should labeled good or bad. DQ 2 What is fund accounting? How does it compare to proprietary accounting? Why is fund accounting necessary? What are the major fund types? DQ 3 What are some examples of government and not-for-profit organizations? How do businesses measure success? How do government organizations measure success? DQ 4 What is the purpose of CAFR? What are the components of CAFR? Why is the Federal Government not subject to GASB 34? How do government-wide financial statements add information not available in fund financial statements? Week 2 Individual Ch. 1, 2, & 3 Textbook Exercises Resources: Ch. 1, 2, & 3 of Government and Not-for-Profit Accounting Prepare written answers to the following assignments from Government and Not-for-Profit Accounting: Ch. 1: Exercise 1-1, Questions 1...
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... ACC 492 Week 1 Assignments from the Text.1.doc ACC 492 Week 1 DQs.1.doc ACC 492 Week 2 Assignments from the Text.1.doc ACC 492 Week 2 DQs.1.doc ACC 492 Week 2 LTA Apollo Shoes Case Assignment (Accounts Receivable Memo).1.doc ACC 492 Week 2 LTA Apollo Shoes Case Assignment (Payroll Bridge Working Paper).1.doc ACC 492 Week 2 LTA Apollo Shoes Case Assignment (Trial Balances).1.xls ACC 492 Week 3 Assignments from the Text.1.doc ACC 492 Week 3 DQs .1.doc ACC 492 Week 3 LTA Apollo Shoes Case Assignment (Inventory Audit Section).1.xls ACC 492 Week 3 LTA Apollo Shoes Case Assignment (Inventory Observation Memo).1.doc ACC 492 Week 4 Assignments from the Text.1.doc ACC 492 Week 4 Case Study Assignment (Case 8.1 Laramie Wire Manufacturing).1.doc ACC 492 Week 4 DQs.1.doc ACC 492 Week 4 LTA Apollo Shoes Case Assignment.1.xls ACC 492 Week 4 LTA Assignments from the Text.1.xls ACC 492 Week 5 Assignments from the Text.1.doc ACC 492 Week 5 Case Study Assignment.1.doc ACC 492 Week 5 DQs.1.doc ACC 492 Week 5 Issuing Audit Reports Simulation.1.doc ACC 492 Week 5 LTA Case Study Assignment (Case 4.1 Questions).1.doc ACC 492 Week 5 LTA Case Study Assignment ACIPA Code of Conduct Information.1.doc ACC 492 Week 5 LTA Case Study Presentation.1.ppt Business - Accounting ACC 492 Week 1 Individual Assignment Assignments From the Text ACC 492 Week 2 Individual Assignment Assignments From the Text ...
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...|[pic] |Syllabus | | |College of Information Systems & Technology | | |CMGT/582 | | |Security & Ethics | Copyright © 2010, 2009 by University of Phoenix. All rights reserved. Course Description The ethical issues examined in the course include information privacy, accessibility, and ownership from an organizational perspective. Information laws, regulations, and compliance requirements are examined in this course as well as the considerations for creating a safe digital environment within the organization. Policies Faculty and students or learners will be held responsible for understanding and adhering to all policies contained within this syllabus and the following two additional documents: University policies: You must be logged into the student website to view this document. Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies...
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