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ACCT 555 Innovative Education--snaptutorial.com

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1 ACCT 555 Innovative Education--snaptutorial.com

2 ACCT 555 Week 2 Homework Assignment For more classes visit www.snaptutorial.com 4-18 (Objective 4-6) The following questions concern independence and theCode of Professional Conduct or GAAS. Choose the best response. a. What is the meaning of the generally accepted auditing standard that requires the auditor be independent? 4-19 (Objective 4-7) The following questions concern possible violations of the AICPA Code of Professional Conduct. Choose the best response.

3 ACCT 555 Innovative Education--snaptutorial.com ACCT 555 Week 3 Homework Assignment For more classes visit www.snaptutorial.com Week 3 Homework 6-19 (Objective 6-1) The following questions concern the reasons auditors do audits. Choose the best response. a. Which of the following best describes the reason why an independent auditor reports on financial statements?

4 ACCT 555 Innovative Education--snaptutorial.com ACCT 555 Week 4 Homework Assignment For more classes visit www.snaptutorial.com ACCT 555 Week 4 Homework Assignment

5 ACCT 555 Innovative Education--snaptutorial.com ACCT 555 Week 5 Assignment Fraud in the News For more classes visit www.snaptutorial.com Week 5 Fraud in the News Audit Finds Fraud in 13% of Detroit City Worker Jobless Claims

6 ACCT 555 Innovative Education--snaptutorial.com ACCT 555 Week 5 Homework Assignment For more classes visit www.snaptutorial.com Chapter 12, pages 390–397: Problems 12-17, 12-18, and 12-27 Chapter 13, pages 429–430: Problems 13-22, 13-23, and 13-24

7 ACCT 555 Innovative Education--snaptutorial.com ACCT 555 Week 6 Homework Assignment For more classes visit www.snaptutorial.com ACCT 555 Week 6 Homework Assignment

8 ACCT 555 Innovative Education--snaptutorial.com ACCT 555 Week 7 Course Project Smackey Dog Foods Inc For more classes visit www.snaptutorial.com ACCT 555 Week 7 Course Project Smackey Dog Foods Inc

9 ACCT 555 Innovative Education--snaptutorial.com ACCT 555 Week 7 Course Project For more classes visit www.snaptutorial.com ACCT 555 Week 7 Course Project

10 ACCT 555 Innovative Education--snaptutorial.com ACCT 555 Week 7 Homework Assignment For more classes visit www.snaptutorial.com 20-17 (Objective 20-3) The following questions concern internal controls in the payroll and personnel cycle. Choose the best response. a. A factory foreman at Steblecki Corporation discharged an hourly worker but did not notify the human resources department. The foreman then forged the worker’s signature on time cards and work tickets and, when giving out the checks, diverted the payroll checks drawn from the discharged worker to his own use. The most effective procedure for preventing this activity is to

11 ACCT 555 Innovative Education--snaptutorial.com ACCT 555 Week 7 HomeworkAssignment For more classes visit www.snaptutorial.com 20-17 (Objective 20-3) The following questions concern internal controls in the payroll and personnel cycle. Choose the best response. a. A factory foreman at Steblecki Corporation discharged an hourly worker but did not notify the human resources department. The foreman then forged the worker’s signature on time cards and work tickets and, when giving out the checks, diverted the payroll checks drawn from the discharged worker to his own use. The most effective procedure for preventing this activity is to

12 ACCT 555 Innovative Education--snaptutorial.com ACCT 555 Week 7 Quiz For more classes visit www.snaptutorial.com ACCT 555 Week 7 Quiz

13 ACCT 555 Innovative Education--snaptutorial.com ACCT 555 Week 7 You Decide Questions and Answers For more classes visit www.snaptutorial.com Questions: Q1: Discuss how the SEC has influence (if any) over the audit of Smackey Dog Foods, Inc. Q2: Discuss the essential activities involved in the initial planning of an audit. How do these all specifically to the Smackey Dog Food client? Q3: Discuss the 4 stages of the audit and the major activities performed by the auditor in each phase. Give an example of how each of these specifically applies to the Smackey Dog Food, Inc audit. For instance, examine the apparent internal control weaknesses and possible negative outcome of each

14 ACCT 555 Innovative Education--snaptutorial.com ACCT 555 Worksheet for You Decide Course Project For more classes visit www.snaptutorial.com Questions: Q1: Discuss how the SEC has influence (if any) over the audit of Smackey Dog Foods, Inc. Q2: Discuss the essential activities involved in the initial planning of an audit. How do these all specifically to the Smackey Dog Food client? Q3: Discuss the 4 stages of the audit and the major activities performed by the auditor in each phase. Give an example of how each of these specifically applies to the Smackey Dog Food, Inc audit. For instance, examine the apparent internal control weaknesses and possible negative outcome of each.

15 ACCT 555 Innovative Education--snaptutorial.com


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