Individual Assignment: Generally Accepted Auditing Standards Paper By: Stacy Munns ACC/ 491 Professor Richard Cochran Due: December 3‚ 2012 Introduction: History of Auditing It is stated that “Auditing is based on the assumption that financial statement data are verifiable.” (Boynton & Johnson‚ 2006) The real reason of auditing didn’t really come until “the advent of the Industrial Revolution‚ from 1750 to 1850‚ that auditing began its evolution into a field of fraud detection and financial
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Week 3‚ Individual Assignment ACC 492 Resource: Modern Auditing Prepare written answers to the following assignments * Ch. 16: Comprehensive Question 16-26 Evaluation of Internal Controls – Raw Materials and Supplies Inventory * Ch. 16: Comprehensive Question 16-29 Computer-Assisted Substantive Tests for Inventory ______________________________________________________________________________ Comprehensive Question 16-26 Evaluation of Internal Controls – Raw Materials and Supplies
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Ch. 8: Comprehensive Questions: Analytical procedures ( 8-15 and 8-16) Ch. 10: Comprehensive Questions: Components of internal control (10-31 and 10-32) Ch. 11: Comprehensive Questions: Assessing control risk (11-21) 8-15 | (Analytical procedures) In audit planning the audit of Construction Industry Resources‚ Inc.‚ a building supply company. You have completed analytic procedures relevant to purchases and inventory. The results of these procedures are included in Figure 8
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SYLLABUS ACC/491 Contemporary Auditing I Copyright ©2014 by University of Phoenix. All rights reserved. Course Description This course is the first in a two-part series that deals with auditing a company ’s financial reports‚ internal controls‚ and Electronic Data Processing (EDP) systems. Topics include auditing standards‚ evidence‚ audit planning and documentation‚ materiality and risk‚ internal control‚ statistical tools‚ and the overall audit plan and program. Course Dates Nov 11‚ 2014 - Dec
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Individual Text Assignment Chapters 5‚ 6‚ and 7 Karen L. Spencer ACC/491 Contemporary Auditing I December 3‚ 2012 Kimberly Jordan‚ MBA Individual Text Assignment Chapters 5‚ 6‚ and 7 Chapter 5 Comprehensive Question 5-30 (Assertions) In planning the audit of a client’s financial statements‚ an auditor identified the following issues that need attention. Required Identify the assertion for items 1 through 11. 1. The allowance for doubtful accounts is fairly presented in amount
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ACC 491 Final Exam Copy this link to your browser and download: http://www.finalexamguide.com/ACC-491-Final-Exam-270.htm 1) If reported sales for 2010 erroneously include sales that occur in 2011‚ the assertion violated on the 2010 statements would be 2) The rights and obligations assertion applies to 3) Which of the following assertions is NOT made by management in placing an item in the financial statements? 4) Section 11 of the Securities Act of 1933 uses the term material fact
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ACC 491 FINAL EXAM 1)If reported sales for 2010 erroneously include sales that occur in 2011‚ the assertion violated on the 2010 statements would be 2)The rights and obligations assertion applies to 3)Which of the following assertions is NOT made by management in placing an item in the financial statements 4)Section 11 of the Securities Act of 1933 uses the term material fact to limit the amount of information required. Under the Act‚ the standard used to determine an items materiality 5)Individuals
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file of ACC 491 Week 3 Discussion Question 3 includes: What are the two types of audit tests? What are some examples of each of these two types of tests? How will the auditor use the data gathered from these tests? Business - General Business ACC 491 Week 1 Individual Generally Accepted Auditing Standards Paper ACC 491 Week 2 Individual Assignments From the Text ACC 491 Week 2 Learning Team Auditing‚ Attestation‚ and Assurance Services Paper ACC 491 Week 3 Individual
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In this document of ACC 491 Week 1 Discussion Question 2 you will find the next information: 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‚ and how do they affect the profession? How does the legislation affect the internal audit profession? What are some activities that are implied in the legislation
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Accounting 493: Advance Auditing E-Mail Assignment Due Date: January 8‚
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