earning Team
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.
ndividual
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
Assessing Materiality and Risk Simulation
Resources: Assessing Materiality and Risk simulation on student website
Complete the Assessing Materiality and Risk simulation located on the student website.
Prepare a 350-word response to following questions after completing the simulation:
·Why do certain accounts have to be audited 100%?
·Why is materiality allocated only to those accounts that are sampled?
·Is any component of audit risk within the control of the auditor? Explain.
·How are the three risks that make up audit risk inter-related?
Learning Team
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
Individual
Ch. 8, 10, & 11 Textbook Exercises
Resources: Ch. 8, 10, & 11 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. 8: Comprehensive Questions 8-16 – Analytical procedures
·Ch. 10: Comprehensive Questions 10-32 – Components of Internal Control
·Ch. 11: Comprehensive Questions 11-21 – Assessing Control Risk
Learning Team
Apollo Shoes Case Assignment
Resources: Apollo Shoes Case materials located on the student website
Complete the Internal Control audit section of the case using the Apollo Shoes Case materials, available under the Assessment section of Week Three on the student website.
Review the Planning section, with emphasis on the Apollo Accounting and Control Procedures Manual and the Apollo Shoes Minutes, before completing the Internal Control audit section.
Individual
Ch. 11 & 13 Textbook Exercises
Resources: Ch. 11 & 13 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. 11: Learning Checks 11-6, 11-8, & 11-9
·Ch. 13: Learning Check 13-8
Learning Team
Audit Sampling Case Memo and Presentation
Resources: Ch. 13 of Modern Auditing: Assurance Services and the Integrity of Financial Reporting
Prepare a 1,400- to 1,750-word memo to the Audit Partner, John Smith, summarizing your findings from the following case found in Ch. 13 of Modern Auditing: Assurance Services and the Integrity of Financial Reporting:
·Case 13-36 – Mt. Hood Furniture—PPS Sampling Problem
Format your memo consistent with APA guidelines.
Prepare a 10- to 15-slide Microsoft® PowerPoint® presentation illustrating your Audit Sampling Case Memo.