ACC 492 Week 1 DQ 1For more classes visits
www.snaptutorial.comWhat account balances are included in a revenue and collection cycle? What specific control procedures should be in place and operating in internal control governing revenue recognition and cash accounting? What assertions are made about classes of transactions and events in the revenue and collection cycle————————————–
ACC 492 Week 1 DQ 2For more classes visits
www.snaptutorial.comWhy is it important to place emphasis on the existence and rights (ownership) assertions when auditing accounts receivable? Which audit procedures are usually the most useful for auditing the existence and rights assertions? What analytical procedures might be informative regarding the existence assertion————————————
ACC 492 Week 1 Individual Assignment Assignments From the TextFor more classes visits
www.snaptutorial.comResource: Ch. 14 of Modern Auditing
Dowload the Adobe® Reader® version of Ch. 14 to complete this assignment.
Click on the link for Ch. 14 of Modern Auditing on the course website.
• Click Download eBook on the left-hand side of the page.
• Download Ch. 14 of Modern Auditing
Prepare written answers for the following assignments:
ACC 492 Week 2 DQ 1For more classes visits
www.snaptutorial.comHow might a purchasing manager use his or her position to defraud the company? What can be done to prevent it? Where could an auditor look to find evidence of losses on purchase commitments and unrecorded liabilities to vendors————————————————
ACC 492 Week 2 DQ 2For more classes visits
www.snaptutorial.comWhy does the auditor examine travel and entertainment expenses? What would poor controls regarding executive reimbursements say about the tone at the top for purposes of evaluating and reporting on…