Lesson Plan Assignment Instructions Overview Lesson planning is a key aspect of effective instruction. Lesson planning ranges from long-term planning to short-term planning (such as weekly or daily planning). You will create three original lesson plans throughout this course. Each lesson plan will cover a skill mentioned in Putting Reading First. Use the chart below […]
Problem Set #2: Decision Tree This problem set covers material for Week 7, Risk Analysis. Decision Tree Analysis is an important aspect of Risk Management. It is mentioned, but not treated extensively in the text. INSTRUCTIONS: Review attached instructor video & slides for reference Only problem #1 is required (#2 is optional) Please show your […]
ATTESTATION ENGAGEMENTS Distinguish AICPA attestation standards from auditing standards and know the typesof engagements to which they apply.
In a letter to the audit committee of the Cline Wholesale Company, Jerry Schwartz, CPA, informed them of material weaknesses in the controls over inventory. In a separate letter to senior management, he elaborated on how the material weak- nesses could result in a significant misstatement of inventory by the failure to recognize the existence […]
Callie Peters is completing the audit of Making New Friends.com for the year ended December 31, 2019. Callie has been the audit manager on this engagement for the past three years. Making New Friends.com issued stock two years ago but has had difficulty establishing a loyal client base and generating advertising revenues. In reviewing results […]
Identify and describe the transaction-related and balance-related presentation audit objectives. Explain how many of the procedures to test presentation objectives are integrated with tests performed in earlier stages of the audit. 24-2 (OBJECTIVE 24-2) Explain why an auditor is interested in a client’s future commitments to purchase raw materials at a fixed price. 24-3 (OBJECTIVE […]
1. Explain the purpose of a client letter of representation. What types of information are normally included in the letter? 2. How does an auditor evaluate the unadjusted misstatement schedule at the end of the audit engagement to assess whether the financial statements are fairly presented?
SUBSEQUENT DISCOVERY OF FACTS Identify the auditor’s responsibilities when facts affecting the audit report are discovered after its issuance.
The following questions concern attestation engagements. Choose the best response. a. A Type 1 service auditor’s report on internal controls at a service organization (1) includes an opinion about the suitability of the design of controls at the service organization. (2) is based on the performance of tests of controls and substantive tests of transac- […]
The social outreach of the media and informative communication channels have extensively expanded from the rudimentary, yet revolutionary contributions initiated by the printing press. Although public access to information has been dramatically facilitated for the public, this has also led various groups to take advantage of this platform to disperse their messages to a broader […]
