ACC 492 Week 2 Apollo Shoe Case Study Guide

ACC 492 Week 2 Apollo Shoe Case Study Guide Resource: Apollo Shoe Case link in Week Two on the Materials page Complete the following audit sections: • Revenue and Expenses o Before completing this section, review the material in the Planning section with emphasis on the Trial balances and Apollo Shoes Minutes; and the Accounts…

ACC 492 Week 4 Learning Team Assignments from the Text Study Guide

ACC 492 Week 4 Learning Team Assignments from the Text Study Guide Resource: Modern Auditing Prepare written answers to the following assignments: • Ch. 17: Comprehensive Question Substantive Tests for Stockholders’ Equity Balances • Ch. 18: Comprehensive Question Substantive Tests for Cash Balances 17-22 17-26    

ACC 492 Week 2 Discussion Questions

ACC 492 Week 2 Discussion Questions Dq1 How might a purchasing manager use his or her position to defraud the company? What can be done to prevent it? Where could an auditor look to find evidence of losses on purchase commitments and unrecorded liabilities to vendors? Dq2 Many companies use the computer to generate purchase…

ACC 492 Week 4 Learning Team Apollo Shoe Case Assignment Study Guide

ACC 492 Week 4 Learning Team Apollo Shoe Case Assignment Study Guide Resource: Apollo Shoes Case Materials located on the Week Four student website Complete the following audit sections: • Prepaids and Other Assets o Before completing this section, review the Planning section and the Cash section with emphasis on the Apollo Shoes Bank Rec.…

ACC 492 Week 3 Individual Assignments from the Text Study Guide

ACC 492 Week 3 Individual Assignments from the Text Study Guide Resource: Modern Auditing Prepare written answers to the following assignments • Ch. 16: Comprehensive Question Evaluation of Internal Controls – Raw Materials and Supplies Inventory • Ch. 16: Comprehensive Question Computer-Assisted Substantive Tests for Inventory 16-26 16-29    

ACC 492 Week 3 Learning Team Apollo Shoe Case Assignment Study Guide

ACC 492 Week 3 Learning Team Apollo Shoe Case Assignment Study Guide Resource: Apollo Shoe Case link in Week Three on the Materials page Review the Planning section with emphasis on the Workpaper Indexing, Trial Balances, and Apollo Shoes Minutes and the Accounts Receivable section with emphasis on the Audit of Accounts Receivable – confirmations.…

ACC 492 Week 3 Discussion Questions

ACC 492 Week 3 Discussion Questions Dq1 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? DQ2 What are the key management assertions related to long-term assets and liabilities? What are the most important assertions related to long-term…

ACC 492 Week 4 Discussion Questions Study Guide

ACC 492 Week 4 Discussion Questions Study Guide Dq1 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? What are the steps that are required for an auditor to…

ACC 492 Week 1 Discussion Questions

ACC 492 Week 1 Discussion Questions Dq1 Suppose you selected a sample of customers’ accounts receivable and wanted to find supporting evidence for the entries in the accounts. Where would you go to vouch the debit entries? What would you expect to find? Where would you go to vouch the credit entries? What would you…