Auditing unit 5 assignments

AC410: Auditing

Unit 5 Assignment #1 and Rubric Assignment #1: Determining Audit Tests Over Cash and Receivables Because cash and receivables are material items on a company’s balance sheet, auditors look at these areas very closely. This Assignment will demonstrate your understanding of audit tests over different aspects of cash and receivables. The questions listed below are found in Chapters 10 and 11 of Principles of Auditing. Answer the questions and submit your work to the instructor as outlined below.

● Questions Requiring Analysis: 10–27 ● Problems: 10–44 ● Objective Questions: 11–37

Submit your responses to the Assignment 1 Dropbox. Unit 5 Assignment #1 Grading Rubric: Points are earned based on critical thinking, analysis, and correct and thorough responses to the following:

Possible Points

Points Earned

Questions Requiring Analysis: 10–27 8

Problems: 10–44 9

Objective Questions: 11–37 7

Grammar and Writing Style 6

Total Points 30

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