ACC 544 EDU Change The World /acc554edu.com

Slides:



Advertisements
Similar presentations
Bodnar/Hopwood AIS 7th Ed1 Chapter 5 u TRANSACTION PROCESSING AND INTERNAL CONTROL PROCESS.
Advertisements

Auditing Concepts.
FRAUD EXAMINATION ALBRECHT, ALBRECHT, & ALBRECHT Financial Statement Fraud CHAPTER 11.
Learning Objectives LO1 Describe the finance and investment process: risk assessment, typical transactions, source documents, controls, and account balances.
©2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder The Demand for Audit and Other Assurance Services Chapter 1.
Audit Planning and Analytical Procedures Chapter 8.
Chapter 7 Control and AIS Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall 7-1.
The Demand for Audit and Other Assurance Services Chapter 1.
Standar Pekerjaan Lapangan: Pemahaman Memadai atas Pengendalian Intern Pertemuan 5.
6-1 McGraw-Hill/Irwin ©2002 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 6 Internal Control Evaluation: Assessing Control Risk.
Introduction to Financial Statements and Other Financial Reporting Topics COPYRIGHT ©2007 Thomson South-Western, a part of the Thomson Corporation. Thomson,
Internal Control. COSO’s Framework Committee of Sponsoring Organizations 1992 issued a white paper on internal control Since this time, this framework.
Internal Control. COSO’s Framework Committee of Sponsoring Organizations 1992 issued a white paper on internal control Since this time, this framework.
Chapter 4 IDENTIFYING RISKS AND CONTROLS IN BUSINESS PROCESSES.
Copyright © 2006 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin 17-1 Chapter Seventeen Completing the Engagement Chapter Seventeen.
Chapter 4 Internal Controls McGraw-Hill/Irwin
Chapter 07 Internal Control McGraw-Hill/IrwinCopyright © 2014 by The McGraw-Hill Companies, Inc. All rights reserved.
INTERNAL CONTROL OVER FINANCIAL REPORTING
Chapter 5 Internal Control over Financial Reporting
Considering Internal Control
Chapter 1 Accounting and the Business Environment
Evaluation of Internal Control System
The Assurance Services Market
Evaluation of Internal Control System. Learning Objective 1 Contrast management’s need for internal control with the auditor’s need to consider internal.
McGraw-Hill/Irwin © 2003 The McGraw-Hill Companies, Inc., All Rights Reserved. 6-1 Chapter 6 CHAPTER 6 INTERNAL CONTROL IN A FINANCIAL STATEMENT AUDIT.
McGraw-Hill/Irwin © The McGraw-Hill Companies 2010 Auditing Internal Control over Financial Reporting Chapter Seven.
©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley The Demand for Audit and Other Assurance Services Chapter 1.
©2012 Prentice Hall Business Publishing, Auditing 14/e, Arens/Elder/Beasley Section 404 Audits of Internal Control and Control Risk Chapter.
©©2012 Pearson Education, Auditing 14/e, Arens/Elder/Beasley Considering Internal Control Chapter 10.
Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall. Chapter
For more course tutorials visit ACC 492Entire Course For more course tutorials visit ACC 492 Week 1 Individual Assignment.
Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall. Chapter
Chapter 6 Internal Control in a Financial Statement Audit McGraw-Hill/IrwinCopyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.
©2005 Prentice Hall Business Publishing, Auditing and Assurance Services 10/e, Arens/Elder/Beasley Internal Control and Control Risk Chapter 10.
1 - 1 The Demand for Audit and Other Assurance Services Chapter 1.
ACC 490 EDU The learning interface/acc490edudotcom.
ACC 562 Final Exam Guide FOR MORE CLASSES VISIT 1.Developing an understanding of the client's business and industry is essential to.
DEVRY ACCT 555 F INAL E XAM 100% C ORRECT Check this A+ tutorial guideline at For more classes.
ACC 561 Assignment: Week 1 Practice Quiz To purchase this material click below link Assignment-Practice-Quiz.
Auditing Concepts.
ACC 544 EDU Empowering Inspiring/acc544edu.com
ACC 499 ASSIST Invent Yourself/acc499assist.com
The Demand for Audit and Other Assurance Services
ACC 281 GENIUS Minds Online/acc281genius.com
The Demand for Audit and Other Assurance Services
ACC 281 GENIUS A Guide to career/acc281genius.com
Chapter 4 Internal Controls McGraw-Hill/Irwin
UNITED ADVISORY PARTNERS.
BASIC AUDITING CONCEPTS: MATERIALITY, RISK ASSESSMENT, AND EVIDENCE
ACC 562 Course Experience Tradition / acc562edu.com
LATIHAN MID SEMINAR AUDIT hiday.
The Demand for Audit and Other Assurance Services
ACC 492 Competitive Success/snaptutorial.com
ACC 564 Possible Is Everything/snaptutorial.com
ACC 544 Competitive Success-- snaptutorial.com
ACC 541 Competitive Success/tutorialrank.com
ACC 544Competitive Success/tutorialrank.com
ACC 564Competitive Success/tutorialrank.com
ACC 492 TUTOR Lessons in Excellence-- acctutor.com.
ACC 564 NERD Lessons in Excellence-- acc564nerd.com.
ACC 541 Education for Service-- tutorialrank.com.
ACC 544 Education for Service-- tutorialrank.com.
ACC 564 Education for Service tutorialrank.com. ACC 564 Entire Course For more course tutorials visit ACC 564 Week 1 DQ 1 Value of.
ACC 544 Education for Service-- snaptutorial.com
ACC 492 Education for Service/snaptutorial.com
ACC 492 TUTOR Education for Service- -acc492tutor.com.
ACC 544 Teaching Effectively-- snaptutorial.com
ACC 492 Teaching Effectively-- snaptutorial.com
Internal Control Internal control is the process designed and affected by owners, management, and other personnel. It is implemented to address business.
Presentation transcript:

ACC 544 EDU Change The World /acc554edu.com

CJA 234 MART The power of possibility/cja234martdotcom ACC 544 EDU Change The World /acc554edu.com ACC 544 Quiz 1 FOR MORE CLASSES VISIT www.acc544edu.com   • Question 1 Imperial Corp. is offering $450,000 of its securities under Rule 504 of Regulation D of the Securities Act of 1933. Under Rule 504, Imperial is required to • Question 2 A $10,000,000 offering of corporate stock intended to be made pursuant • Question 3 Under Section 12 of the Securities Exchange Act of 1934, • Question 4 Tweed Manufacturing, Inc. plans to issue $10 million of common stock to the public in

CJA 234 MART The power of possibility/cja234martdotcom ACC 544 EDU Change The World /acc554edu.com ACC 544 Quiz 2 FOR MORE CLASSES VISIT www.acc544edu.com   • Question 1 Mead Corp. orally engaged Dex & Co., CPAs, to audit its financial statements. The management of Mead informed Dex that it suspected that the accounts receivable were materially overstated. Although the financial statements audited by Dex did, in fact, include a materially overstated accounts receivable balance, Dex issued an unqualified opinion. Mead relied on the financial statements in deciding to obtain a loan from City Bank to expand its operations. City relied on the financial statements in making the loan to Mead.

CJA 234 MART The power of possibility/cja234martdotcom ACC 544 EDU Change The World /acc554edu.com ACC 544 Quiz 3 FOR MORE CLASSES VISIT www.acc544edu.com   • Question 1 Which of the following statements about investment decision models is true? • Question 2 Which of the following events would decrease the internal rate of return of a proposed asset purchase? • Question 3 Which of the following is a disadvantage of the internal rate of return as a method of evaluating investments?

CJA 234 MART The power of possibility/cja234martdotcom ACC 544 EDU Change The World /acc554edu.com ACC 544 Quiz 4 FOR MORE CLASSES VISIT www.acc544edu.com   • Question 1 Central Winery manufactured two products, A and B. Estimated demand for product A was 10,000 bottles and for product B was 30,000 bottles. The estimated sales price per bottle for A was $6.00 and for B was $8.00. Actual demand for product A was 8,000 bottles and for product B was 33,000 bottles. The actual price per bottle for A was $6.20 and for B was $7.70. What amount would be the total selling price variance for Central Winery?

CJA 234 MART The power of possibility/cja234martdotcom ACC 544 EDU Change The World /acc554edu.com ACC 544 Week 1 Coso Framework (2 Papers) FOR MORE CLASSES VISIT www.acc544edu.com   This Tutorial contains 2 Papers Imagine you are the Director of Internal Audit and the Chairman of the Audit Committee and asks you to prepare a report for the Board of Directors explaining the 2012 COSO framework for internal control and the benefits for adopting the framework. Write a report of approximately 700 to 1,050 words explaining the five interrelated components of internal control.

CJA 234 MART The power of possibility/cja234martdotcom ACC 544 EDU Change The World /acc554edu.com ACC 544 Week 2 Risk Assessment (2 Papers) FOR MORE CLASSES VISIT www.acc544edu.com   This Tutorial contains 2 Papers The Chief Risk Officer has asked you to perform an enterprise-wide risk assessment. · Write a proposal of approximately 700 to 1,050 words that shows your plan for the risk assessment project. · Identify risk areas and the criteria to be used to determine likelihood, magnitude, velocity, and persistence.

CJA 234 MART The power of possibility/cja234martdotcom ACC 544 EDU Change The World /acc554edu.com ACC 544 Week 3 Quiz Federal Securities FOR MORE CLASSES VISIT www.acc544edu.com   • Question 1 Imperial Corp. is offering $450,000 of its securities under Rule 504 of Regulation D of the Securities Act of 1933. Under Rule 504, Imperial is required to • Question 2 A $10,000,000 offering of corporate stock intended to be made pursuant • Question 3 Under Section 12 of the Securities Exchange Act of 1934, in addition to companies companies is subject to the SEC’s continuous disclosure system?

CJA 234 MART The power of possibility/cja234martdotcom ACC 544 EDU Change The World /acc554edu.com ACC 544 Week 3 Team Developing Internal Controls (2 Papers) FOR MORE CLASSES VISIT www.acc544edu.com   This Tutorial contains 2 Papers ACC 544 Week 3 Team Developing Internal Controls

CJA 234 MART The power of possibility/cja234martdotcom ACC 544 EDU Change The World /acc554edu.com ACC 544 Week 4 Team Internal Control for purchases, payroll and Fixed Assets (2 Papers) FOR MORE CLASSES VISIT www.acc544edu.com   This Tutorial contains 2 Papers Include specific internal controls that include authorization of transactions, segregation of duties, adequate records and documentation, Write a report of approximately 1,400 to 2,450 words. · Describe typical activities

CJA 234 MART The power of possibility/cja234martdotcom ACC 544 EDU Change The World /acc554edu.com ACC 544 Week 5 Team Asset Governance (2 Papers) FOR MORE CLASSES VISIT www.acc544edu.com   This Tutorial contains 2 Papers ACC 544 Week 5 Team Asset Governance

CJA 234 MART The power of possibility/cja234martdotcom ACC 544 EDU Change The World /acc554edu.com ACC 544 Week 6 Evaluating Internal Controls (2 Papers) FOR MORE CLASSES VISIT www.acc544edu.com   This Tutorial contains 2 Papers You have been hired to evaluate internal controls for your client organization. The CFO for your client wants a report outlining the evaluation to share with the Board of Directors. · Paper provides sufficient background on the topic and previews major points. · At least three sources are used · Write a 1,400- to 2,450-word report showing your plan to evaluate internal controls.

CJA 234 MART The power of possibility/cja234martdotcom ACC 544 EDU Change The World /acc554edu.com ACC 544 Week 6 Quiz (Auditing) FOR MORE CLASSES VISIT www.acc544edu.com   • Question 1 Which of the following statements most likely represents a disadvantage for an entity that keeps microcomputer-prepared data files rather than manually prepared files? • Question following statements most likely represents a disadvantage for an entity that keeps microcomputer-prepared data files rather than manually prepared files? • Question 4 Which of the following client computer systems generally can be audited without examining or

CJA 234 MART The power of possibility/cja234martdotcom ACC 544 EDU Change The World /acc554edu.com ACC 544 Week 6 Quiz (Internal Controls) FOR MORE CLASSES VISIT www.acc544edu.com   • Question 1 Which of the following payroll control activities would most effectively ensure that payment is made only for work performed? • Question 2 Effective internal • Question 3 One of the auditor’s objectives in observing the actual distribution of payroll checks is to determine that every name on the payroll is that of a bona fide employee. The payroll observation is an auditing procedure that is generally performed for which of the following reasons?

ACC 544 EDU Change The World /acc554edu.com