........................................ OTHER NAMES......................................................... STUDENT NUMBER................................................. MOCK FINAL EXAMINATION SEMESTER 2‚ 2009 PAPER A Unit: ACCG340 Auditing and Assurance Services Time Allowed: 2 hours plus 10 minutes reading time Total Number of Questions: FIVE (5) Instructions: Answer question 1 on the computer marking sheet provided. Answer questions 2 to 3 in the space provided in
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incentive (ROI). Incentive/pressure to commit fraud Fraudulent financial reporting Management compensation schemes Financial pressures to improve company’s earnings and balance sheet Personal wealth tied to either financial results or survival of company Defalcation (misappropriation of asset) Personal factors‚ severe financial considerations Addictions to gambling/drugs Opportunities to commit fraud Due to the complexities of the transactions Due to lack of control in place. For example‚ segregation
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AUDITING‚ ATTESTATION‚ AND ASSURANCE SERVICES Auditing‚ Attestation‚ and Assurance Services Paper By University of Phoenix ACC 490 This paper will provide examples for each type of service‚ which is auditing‚ assurance and attestation. These are very important services when it comes to the auditing process. There are certain individuals and organizations that may request these services. Also‚ the standards that apply to each service and who establishes those standards will be further discussed
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In the introductory paragraph to this essay about essays I will tell you that you don’t need an introductory paragraph‚ at least not of the 1) topic sentence 2) structural methodology 3) thesis statement varity that we were all taught in high school. What you do need is That Thing; maybe a question‚ a fear or a fury. It makes your blood boil. It’s all you can talk about when you sit down with your friends over a glass of wine or two or five‚ or maybe you can’t talk about it with anyone‚ just your
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INTERNATIONAL STANDARD ON AUDITING 315 IDENTIFYING AND ASSESSING THE RISKS OF MATERIAL MISSTATEMENT THROUGH UNDERSTANDING THE ENTITY AND ITS ENVIRONMENT (Effective for audits of financial statements for periods beginning on or after December 15‚ 2009) CONTENTS Paragraph Introduction Scope of this ISA .................................................................................. 1 Effective Date ....................................................................................... 2
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External Auditing – Week 4 discussion What do following risk categories mean: planned detection risk‚ inherent risk‚ control risk‚ acceptable audit risk? Can you give some examples? How do we as auditors deal with them? DETECTION RISK Detection risk is the risk that auditor’s substantive procedures will not detect a misstatement that exist in an account balance or class of transactions that could be material‚ individually or when aggregated with misstatements in other balances or classes.
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University of Phoenix Material Outline and Introductory Paragraph Worksheet Create an outline and introductory paragraph in preparation for writing a complete Personal Plan due in Week Five. Use the following information to assist you with the content of your outline and introductory paragraph: Ethical Lens Inventory results Career Interests Profiler results Career Plan Building Activity: Competencies results Your SMART goals‚ including those identified in the University of Phoenix
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Auditing Chapter 2 and 3 Chapter MC 2 2.26 - 2.29 Q 65‚ 70(I) 2.26) Which of the following categories of principles is most closely related to gathering audit evidence? A. Performance 2.27) Which of the following is not related to ethical requirements of auditors? D. professional judgment 2.28) One of an accounting firm’s basic objectives is to provide professional services that conform to professional standards. Reasonable assurance of the achieving this objective can be obtained by the
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Generally Accepted Auditing Standards Paper University of Phoenix ACC 490 Auditing February 7‚ 2011 Generally Accepted Auditing Standards Paper Every auditor is expected to follow the standards of the industry while conducting audits for clients. The most widely used standards were originally established in the 1940s and were adopted by the Public Company Accounting Oversight Board PCAOB in 2003 and are referred to as the Generally Accepted Auditing Standards GAAS (Boynton & Johnson‚ 2006)
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"Good morning‚ Mr Rooster‚" is an excellent introductory song to start the day with children. There are no musical chords found in this song. Hence‚ the educator can play an audio as a background and encourage children to sing the song by making the following actions: The children can gather in a circle and hold hands. They then make a circle over their heads to indicate a rising sun; sway right and left with arms over their heads. When they sing‚ "good morning Mr Rooster‚" they can spread
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