Reference no: EM131145788
Intro and Conclusion
Learning Team assignments build upon each other from Weeks 2-5.
The first step is to go to the website of a publically-traded US company and select the most recent 10-K Form (legally-required document publicly-traded companies must submit to the Securities and Exchange Commission - SEC - on an annual basis. Among other things, this document contains the opinion of the CPA firm regarding the company's financial statements and adherence to Generally Accepted Accounting Principles - GAAP). The contents of this form will be the basis of the team assignments in throughout the course.
Consider and discuss the specific risks and nature of the company you will be auditing.
Create comprehensive audit programs for the cash, financial instruments, sale, and receivables accounts and cycles.
Submit a 1,400- to 1,750-word document that includes:
Audit steps for tests of controls, balances, transactions, analytical procedures, etc. as well as other considerations such as sample size and sample methodology.
A brief summary page should be included in this document, 350 to 700 words for each of the audit programs. Include in this summary specific financial information gleaned from the current Form 10-K used to perform an analysis of work program steps. For example, if the team noted significant swings in the Receivables balance year-over-year, identify these swings and how you address them in your work program (this is in essence an audit procedure - analytical review).
|
What happens to the unemployment rate in the short run
: What should the Fed do? Show how the Fed's action, combined with the decline in business confidence, affects the AS-AD diagram in the short run and the medium run.
|
|
Discussion training method as applies to today virtual era
: Based on the scenario, assess key roles of the lecture / discussion training method as it applies to today's virtual era. Provide examples from the scenario and the textbook to support your rationale
|
|
Find a point estimate and confidence interval estimates
: ind a point estimate and confidence interval estimates of the mean account balance of all Century National Bank customers.
|
|
Internal recruiting
: Discuss the given point below on Internal recruiting OBJECTIVES:• Understand how recruitment can focus on filling positions with employees already employed in an organization • Grasp the issues associated with internal recruitment
|
|
Discuss the specific risks and nature of the company
: Consider and discuss the specific risks and nature of the company you will be auditing. Create comprehensive audit programs for the cash, financial instruments, sale, and receivables accounts and cycles.
|
|
What does this imply for the slope of the is curve
: What does this imply for the slope of the AD curve? Continue to assume that the interest rate has no effect on investment.
|
|
Should keith be concerned about the payments
: Should Keith be concerned about the payments, and if so, why? After reviewing the supplemental Ethics Power Point Presentation, which ethical approach (choose one from the choices below) best explains the ethical principles behind laws prohibiting ..
|
|
Tiffany is a good manager but a poor accountant
: Open Road Travel Court was organized on July 1, 2011, by Tiffany Lampkins. Tiffany is a good manager but a poor accountant.
|
|
How is monetary policy useful if money is neutral
: Discuss the statement "Because neither fiscal nor monetary policy can affect the natural level of output, it follows that, in the medium run, the natural level of output is independent of all government policies."
|