Acc 492 Week 4 Complete Uop Exam Assignment

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ACC 492 Week 4 Complete

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DQ1.What are the steps that are required for an auditor to finalize the audit? Which steps do you think are the most crucial to the outcome of the audit? How will these steps affect the final audit decision?

DQ2.What is meant by the evaluation of a client’s ability to continue as a going concern? What are some situations that would require modification of the auditor’s opinion related to going concern? What is the auditor’s responsibility for assessing a client’s ability to continue as a going concern?

DQ3.What types of opinions does an auditor issue other than unqualified? How does an opinion other than unqualified affect the client? Which opinion is the worst?

Individual Assignment - Assignments From the Text

Resource: Modern Auditing

Prepare answers to the following assignments:

• Ch. 17: Comprehensive Question 17-22: Internal Controls for Plant Assets

• Ch. 17: Comprehensive Question 17-26: Substantive Tests and Disclosures for Long-Term Debt

Individual Case Study Assignment

Resource: Case 8.1: Laramie Wire Manufacturing: Using Analytical Procedures in Audit Planning from Auditing Cases: An Interactive Learning Approach located on the Week Four Materials page

Prepare written answers that follow the case.

Learning Team Deliverable Application of learning objectives

Discuss this week’s assignments and learning objectives in the Learning Team Forum.

Write a summary of your team’s discussion and submit your summary to the Assignments link by Day 7. Make sure you discuss each member’s contribution to the discussions and the assignments. Include a title page that indicates that each member of the team has substantively participated in the discussions.

Submit your summary to the Assignments link.

Learning Team Assignment – Assignments From...