ACC 491 Entire Course

ACC/491

CONTEMPORARY AUDITING I


 

The Latest Version A+ Study
Guide


 

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ACC 491 Entire Course Link

https://uopcourses.com/category/acc-491/

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ACC 491 Week 1 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.



Click the Assignment Files tab to submit your assignment.

 

 

ACC 491 Week 1 Team
Discussion Question

Sarbanes Oxley

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, as well as activities that will likely emerge
as companies implement various provisions of the act? Do you believe the
legislation enhances the power and prestige of the audit profession, or
alternatively, does it decrease both the power and prestige of the profession?
Explain.

 

 

ACC 491 Week 2 Textbook
Assignment

Resource: Modern
Auditing


Prepare written
answers to Ch. 1: Comprehensive Questions: Organizations associated with the
public accounting profession.

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Assignment Files tab to submit your assignment.

 

 

 

ACC 491 Week 2 Auditing,
Attestation, and Assurance Services Paper

Write a 1,050- to 1,400-word paper in which you compare and contrast auditing,
attestation, and assurance services. In your paper, be sure to include the
following:


  • An example of
    each type of service

  • Who might
    request such a service

  • What
    standards apply to each service and who establishes those standards



Click the Assignment Files tab to submit your assignment.

 

 

ACC 491 Week 3 Textbook
Assignment - 1

Resource: Modern Auditing

Prepare written answers to the following assignments:


  • Ch. 5: Comprehensive Questions: Assertions

  • Ch. 6: Comprehensive Questions: Audit evidence

  • Ch. 7: Comprehensive Questions: Understanding the
    entity and its environment



Click the Assignment Files tab to submit your assignment.

 

 

ACC 491 Week 3 Textbook
Assignment - 2

Resource: Modern Auditing

Prepare written answers to the following assignments:


  • Ch. 6: Comprehensive Question: Audit programs and
    assertions

  • Ch. 7: Case: New Client Acceptance, part b only



Click the Assignment Files tab to submit your assignment.

 

 

ACC 491 Week 3 Assessing
Materiality and Risk Simulation

Resources: Assessing Materiality and Risk Simulation

Complete the simulation and prepare a 350-word response to the following questions:


  • Why do
    certain accounts have to be audited 100%?

  • Why is
    materiality allocated only to those accounts that are sampled?

  • Is any
    component of audit risk within the control of the auditor? Explain.

  • How are the
    three risks that make up audit risk interrelated?



Click the Assignment Files tab to submit your assignment.

 

 

ACC 491 Week 4 Textbook
Assignment

Resource: Modern Auditing

Prepare answers to the following assignments:


  • Ch. 8: Comprehensive Questions: Analytical procedures

  • Ch. 10: Comprehensive Questions: Components of internal
    control

  • Ch. 11: Comprehensive Questions: Assessing control risk



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ACC 491 Week 4 Apollo
Shoes Case Assignment

Resources: Apollo
Shoes Case 

Review the
Planning section, with emphasis on the Apollo Accounting and Control Procedures
Manual and the Apollo Shoe Minutes. Complete the Internal Control audit section
of the case.

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Assignment Files tab to submit your assignment.

 

 

ACC 491 Week 5 Textbook
Assignment

Resource: Modern Auditing

Download the Adobe® Reader® version of Ch. 11 and 13 to complete this assignment.


  • Click on the
    link for Ch. 11 of Modern Auditing on the course website.

  • Click Download eBook on the left-hand side of the page.

  • Download Ch. 11 and
    13 of Modern
    Auditing
    .



Prepare written answers to the following assignments:


  • Ch. 11: Learning Check 11-6

  • Ch. 11: Learning Check 11-8

  • Ch. 11: Learning Check 11-9

  • Ch. 13: Learning Check 13-8



Click the Assignment Files tab to submit your assignment.

 

 

ACC 491 Week 5 Audit
Sampling Case Memo

Resource: Modern Auditing

Prepare a 1,400- to 1,750-word memo to the Audit Partner, John Smith, summarizing
your findings from the following case:


  • Ch. 13: Case: Mt. Hood Furniture—PPS sampling problem



Click the Assignment Files tab to submit your assignment.

 

 

 

 

 
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