Accounting HW
WaleedWaseem
workbook_assinment_6.xlsxAssignment 7 (30 points)
| Accounting Theory | ||||||
| Spring 2017 | ||||||
| Course Work Book - Company Project | ||||||
| Remember to express your thoughts in your own words. Do not simply cut and paste your response. (except where you are told to cut and paste) | ||||||
| Remember to indicate how the value is determined! | ||||||
| Reminder: Your portfolio is due and TO BE PRESENTED…You will be asked to present at least one item from your portfolio (you will present one or two items from your portfolio of which you are most proud) | Due | Tuesday, May 02, 2017 | ||||
| Read the Items Found on Canvas for Week 8 | by 11pm | |||||
| READ | ||||||
| AICPA Guidance on Relevant Controls | ||||||
| AICPA AU-C 240.27 and AICPA AU-C 315.19, 21, 30, and 31 | http://www.aicpa.org/Research/Standards/AuditAttest/Pages/clarifiedSAS.aspx | |||||
| AICPA AU-C 240, Consideration of Fraud in a Financial Statement Audit (AICPA AU-C 240) | ||||||
| AICPA AU-C 315, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement (AICPA AU-C 315) | ||||||
| AICPA AU-C 330, Performing Audit Procedures in Response to Assessed Risks (AICPA AU-C 330) | ||||||
| The AICPA consider certain controls to be "always relevant." What are they? (6) | 1 | |||||
| 2 | ||||||
| 3 | ||||||
| 4 | ||||||
| 5 | ||||||
| 6 | ||||||
| READ | ||||||
| PCAOB Auditing Standard No. 5, An Audit of Internal Control Over Financial Reporting That Is Integrated With an Audit of Financial Statements (PCAOB AS 5) | http://pcaobus.org/Standards/Auditing/Pages/PreReorgStandards.aspx | |||||
| PCAOB Auditing Standard No. 13, The Auditor’s Responses to the Risks of Material Misstatement and | ||||||
| PCAOB Auditing Standard No. 15, Audit Evidence (PCAOB AS 15) | ||||||
| How does the PCAOB Define: | ||||||
| Performance | PCAOB AS 15.20 | |||||
| Inspection | PCAOB AS 15.15 | |||||
| Observation | PCAOB AS 15.16 | |||||
| Inquiry | PCAOB AS 15.17 | |||||
| Read the Items on the Canvas assigned for Week 6 | ||||||
| See Also Additional Assignments and Readings on Canvas | ||||||
| Final Exam Distributed | ||||||
| Wednesday, March 15, 2017 | Wednesday, April 12, 2017 | |||||
| Wednesday, March 22, 2017 | Wednesday, April 19, 2017 | |||||
| Wednesday, March 29, 2017 | Wednesday, April 26, 2017 | |||||
| Wednesday, April 05, 2017 | Wednesday, May 03, 2017 |
&D &A
http://www.aicpa.org/Research/Standards/AuditAttest/Pages/clarifiedSAS.aspx http://pcaobus.org/Standards/Auditing/Pages/PreReorgStandards.aspx
