ACC 492 - Week 5 - Complete

ACC 492 - Week 5 - Complete
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This Tutorial contains following Attachments
  • ACC 492 - Week 5 - Assignments From the Text.doc
    ACC 492 - Week 5 - Case Study Assignment.doc
    ACC 492 - Week 5 - Issuing Audit Reports Simulation.doc
    ACC 492 - Week 5 - Paper outline.doc
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ACC 492 - Week 5 - Complete

Individual Assignment -  Assignments  From the Text       

Prepare written answers to the following assignments:

• Ch. 19: Comprehensive Question 19-23: Subsequent Events


Individual Assignment - Issuing Audit Reports Simulation           

Resources: Issuing Audit Reports simulation located on the Week Five Materials page

Complete the simulation.

Prepare a 350-word response to the following questions:

• What are the different types of audit reports and when should each be used?

• In what types of situations would an auditor be allowed to issue an unqualified audit report?

• To what extent is the auditor liable for misstatements in the financial statements of the audited company?


Learning Team Assignment - Deliverables

Paper outline            Discuss your final project in your learning team forum.

Create an outline for your final LT assignment that includes all your major points, and a reference page of the resources you will use. Include a title page that indicates that each member of the team has substantively participated in the discussion and creation of the outline.

Submit your outline to the Assignments link.


Learning Team Assignment - Case Study Assignment      

Resource: Case 4.1: Enron Corporation and Andersen, LLP: Analyzing the Fall of Two Giants in Auditing Cases

Complete the questions at the end of the case.

Prepare a 150- to 350-word response to the following questions:

• What are the principles of the AICPA Code of Professional Conduct?

• What part(s) of the AICPA Code of Conduct was violated by Andersen? By any Enron employee who was a CPA?