ACC 490 – Auditing – Complete Class
Week 1:
Individual Assignment: Generally Accepted Auditing Standards Paper
Prepare a 700- to 1,050-word paper in which you explain the nature and functions of auditing.
Relate your explanation to the audit functions in your organization, or an organization with which you are familiar.
Address the following in your paper:
Describe the elements of the Generally Accepted Auditing Standards (GAAS).
Describe how these standards apply to financial, operational, and compliance audits.
Explain the effect that the Sarbanes-Oxley Act of 2002, and the Public Company Accounting Oversight Board (PCAOB), will have on audits of publicly traded companies.
Discuss the additional requirements that are placed on auditors from this act and the actions of the PCAOB.
Format your paper consistent with APA guidelines.
Week 2:
Individual Assignment: Ch. 1 Textbook Exercise
Resources: Ch. 1 of Modern Auditing: Assurance Services and the Integrity of Financial Reporting
Prepare written answers to the following assignment from Modern Auditing: Assurance Services and the Integrity of Financial Reporting:
Ch. 1: Comprehensive Question 1-23 Organizations Associated with the Public Accounting Profession
Learning Team Assignment: Auditing, Attestation, and Assurance Services Paper
Prepare a 1,050- to 1,400-word paper in which you compare and contrast auditing, attestation, and assurance services. In your paper, address the following:
An example of each type of service
Who might request such a service?
What standards apply to each service and who establishes those standards?
Format your paper consistent with APA guidelines.
Week 3:
Individual Assignment: Ch. 5, 6, & 7 Textbook Exercises
Resources: Ch. 5, 6, & 7 of Modern Auditing: Assurance Services and the Integrity of Financial Reporting
Prepare written answers to the following assignments from Modern Auditing: Assurance Services and the Integrity of Financial Reporting.
Ch. 5: Comprehensive Questions 5-30 Assertions
Ch. 6: Comprehensive Questions 6-22 Audit Evidence
Ch. 7: Comprehensive Questions 7-22 Understanding the Entity and its Environment
Learning Team Assignment: Ch. 6 & 7 Textbook Exercises
Resources:Ch. 6 & 7 of Modern Auditing: Assurance Services and the Integrity of Financial Reporting
Prepare written answers to the following assignments from the text Modern Auditing: Assurance Services and the Integrity of Financial Reporting:
Ch. 6: Comprehensive Question 6-26 Audit Programs and Assertions
Ch. 7: Case 7-25 New Client Acceptance, Part b
