Acc 556 Essay Example for Free

Acc 556 EssayFaculty and students/learners will be held responsible for reasonableness and adhering to all policies contained within the following two documents University policies You must be logged into the student website to view this document. Instructor policies This document is posted in the Course Materials forum. University policies argon field of operations to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you take for recently changed modalities, read the policies governing your current class modality. Course Materials Louwers, T. J. , Ramsay, R. J. , Sinason, D. H. , Strawser, J. R. , Thibodeau, J. C. (2011). Auditing assurance services (4th ed. ). New York, NY McGraw-Hill/Irwin. Mulford, C. W. , Comiskey, E. E. (2002). The financial numbers game Detecting creative business relationship practices. New York, NY John Wiley Sons. Silverst star, H. , S heetz, M. (2007). Forensic method of accounting and fraud investigation for non-experts (2nd ed. ). Pearson. Singleton, T. W. , Singleton, A. J. (2010). Fraud audited accounting and forensic accounting (4th ed. ).Hoboken, NJ John Wiley Sons. Wells, J. (2011). Principles of fraud examination (3rd ed. ). Hoboken, NJ Wiley. alone electronic materials are available on the student website. Supplemental Resources Apollo situation casebook Web- base Version http//highered. mcgraw-hill. com/sites/0078136644/student_view0/apollo_shoes_case. html week One Overview of Fraud and Ab social function DetailsDuePoints Objectives1. 1Identify the encroachment of occupational fraud and ab enforce on the organization. 1. 2Describe U. S. governmental oversight of accounting fraud and abuse. 1. Define categories of corruption. 1. 4Assess the types of accounting leaven. ReadingRead the section Fraud Examination Methodology in Ch. 1 of Principles of Fraud Examination. ReadingRead Ch. 10 of Principle s of Fraud Examination. ReadingRead Ch. 16 of Principles of Fraud Examination. ReadingRead Ch. 4 of The Financial Numbers Game. ReadingRead Ch. 11 of Fraud Auditing and Forensic score. ParticipationParticipate in class discussion. assure Policies2 Discussion QuestionsRespond to each week discussion questions. DQ1 Day 2 DQ2 Day 4 DQ3 Day 62 privateInternal Accountants Report to ManagementYou are the internal accountant at a company that is preparing for an upcoming government contract bid. The management in your company is deciding if it is necessary for the company to transact a full financial status review prior to the bid. As an internal accountant, prepare a report for management that provides supporting information for a full financial status review prior to the bid. salvage a paper of no more than 1,050 words that accommodates the following sections parting I The feat of occupational fraud and abuse on the company Section II U. S. overnmental oversight of accounting fraud and abuse and its effect on the company Section III Potential corruption schemes to be aware of in the company Section IV Recommendation of types of accounting evidence and methods of gathering such evidence to support the financial status review initialise your paper consistent with APA guidelines. Day 714 Week Two Forensic Evidence DetailsDuePoints Objectives2. 1Explain procedures for collecting accounting evidence. 2. 2Explain the use of sampling in performing an examination. 2. 3Evaluate accounting evidence using analytical and inferential tools. ReadingRead Ch. of Forensic score and Fraud Investigation for Non-Experts. ReadingRead Ch. 9 of Forensic Accounting and Fraud Investigation for Non-Experts. ReadingRead Ch. 10 of Forensic Accounting and Fraud Investigation for Non-Experts. ReadingRead Ch. 11 of Forensic Accounting and Fraud Investigation for Non-Experts. ReadingRead Ch. 12 of Forensic Accounting and Fraud Investigation for Non-Experts. ReadingRead Module E of A uditing impudence Services. ReadingRead Module F of Auditing Assurance Services. ReadingRead Module G of Auditing Assurance Services. ReadingRead the Apollo spot Casebook Road Map.ReadingReview the Apollo topographic point Casebook. ParticipationParticipate in class discussion. expose Policies1. 5 Discussion QuestionsRespond to weekly discussion questions. DQ1 Day 2 DQ2 Day 4 DQ3 Day 61. 5 Individual Procedures in Collecting Forensic EvidenceAs corporate controller for Apollo Shoes, you are tasked to find and explain any irregularities in the Apollo Shoes Case. Resource Apollo Shoes Casebook Define the serve up you will use and address the following questions What procedures will you use to collect accounting evidence? What sampling tools and techniques will you use for the examination? How will you use analytical and inferential tools to evaluate accounting evidence? Submit your engagement to the facilitator. Note. APA formatting is not required for this assignment. Us e a title and reference rascal where appropriate. Consider using a checklist or flow chart to outline your process. Day 78 Learning group Weekly ReflectionDiscuss this weeks objectives with your team. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics preserve to application in your field. Prepare a 350- to 1,050-word paper detailing the findings of your discussion.Day 71 Week ternary Substantive Procedures for Cash Outflow Irregularities DetailsDuePoints Objectives3. 1 shape all important(p) procedures for detecting irregularities in cash. 3. 2Design substantive procedures for detecting irregularities in accounts payable. 3. 3Design substantive procedures for detecting irregularities in payroll. ReadingsRead Ch. 2 of Principles of Fraud Examination. ReadingsRead Ch. 3 of Principles of Fraud Examination. ReadingsRead Ch. 5 of Principles of Fraud Examination. ReadingsRead Ch. 6 of Principles of Fraud Exa mination. ReadingsRead Ch. 7 of Principles of Fraud Examination. ReadingsRead Ch. of Principles of Fraud Examination. ReadingsRead the sections Audit Programs Audit Procedures for Obtaining Audit Evidence in Ch. 3 of Auditing Assurance Services. ReadingsReview the Apollo Shoes Casebook. ParticipationParticipate in class discussion. See Policies1. 5 Discussion QuestionsRespond to weekly discussion questions. DQ1 Day 2 DQ2 Day 4 DQ3 Day 61. 5 Individual CPA Examination ReviewResource Week Three learner Guide Access the Wiley CPA Examination Review website from the link on the student website. Use the Week Three Student Guide to bring about the Wiley CPA Examination assignment. Day 72 Learning TeamSubstantive Procedures for Cash Outflow IrregularitiesResource Apollo Shoes Casebook Outline substantive procedures by using the Apollo Shoes Casebook for detecting irregularities in each of the following audit cycles Cash Accounts payable Payroll Design an audit design for the cycle in no more than 1,050 words. Consider using a checklist or flowchart to outline your process. Format your audit program consistent with APA guidelines. Day 712 Week Four Substantive Procedures for Cash Asset Irregularities DetailsDuePoints Objectives4. 1Design substantive procedures for detecting irregularities in accounts receivable. 4. Design substantive procedures for detecting inventory irregularities. 4. 3Design substantive procedures for detecting irregularities in fixed assets. ReadingsRead Ch. 4 of Principles of Fraud Examination. ReadingsRead Ch. 9 of Principles of Fraud Examination. ReadingsRead Ch. 7 of The Financial Numbers Game Detecting Creative Accounting Practices. ReadingsReview the Apollo Shoes Casebook. ParticipationParticipate in class discussion. See Policies1. 5 Discussion QuestionsRespond to weekly discussion questions. DQ1 Day 2 DQ2 Day 4 DQ3 Day 61. 5 Learning Team Substantive Procedures for Asset IrregularitiesResource Apollo Shoes CasebookOutline substa ntive procedures by using the Apollo Shoes Casebook for detecting irregularities in each of the following audit cycles Accounts receivable Inventory Fixed assets Design an audit program for the cycle in no more than 1,050 words. Consider using a checklist or flowchart to outline your process. Format your audit program consistent with APA guidelines. Day 711 Week Five Financial Statement Fraud DetailsDuePoints Objectives5. 1Analyze the relationship between financial accounting principles and fraud. 5. 2Analyze schemes used in financial statement fraud. ReadingsRead Ch. 11 of Principles of Fraud Examination.ReadingsRead Ch. 12 of Principles of Fraud Examination. ReadingsReview the Apollo Shoes Casebook. ParticipationParticipate in class discussion. See Policies1. 5 Discussion QuestionsRespond to weekly discussion questions. DQ1 Day 2 DQ2 Day 4 DQ3 Day 61. 5 Individual Financial Statement Fraud SchemesYou are the investigator assigned to Apollo Shoes. Based on the nature of the comp any and the evidence provided to you, you must determine which financial statement fraud schemes would likely be picture in the company. Resource Apollo Shoes Casebook Identify potential financial statement fraud schemes by using the Apollo Shoes Casebook.Describe the types of evidence you would look for to determine whether fraud is occurring. spell a business brief of no more than 1,050 words that outlines how you will use the substantive procedures discussed in Weeks Three and Four to analyze potential schemes. Format your business brief consistent with APA guidelines. Day 720 Learning Team Weekly ReflectionDiscuss this weeks objectives with your team. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field. Prepare a 350- to 1,050-word paper detailing the findings of your discussion.Day 71 Week Six Examination Reporting DetailsDuePoints Objective6. 1Create documentation to present investigation findings. ReadingsRead Ch. 13 of Forensic Accounting and Fraud Investigation for Non-Experts. ReadingsRead the section Attestation Engagements in Module A of Auditing Assurance Services. ParticipationParticipate in class discussion. See Policies2 Discussion QuestionsRespond to weekly discussion questions. DQ1 Day 2 DQ2 Day 4 DQ3 Day 62 Individual CPA Examination ReviewResource Week Six Student Road Map Access the Wiley CPA Examination Review website from the link on the student website.Use the Week Six Student Guide to complete the Wiley CPA Examination assignment. Day 72 Individual Report on Financial Statement Fraud SchemeResource Ch. 12 of Principles of Fraud Examination Choose one of the following financial fraud scheme cases from Ch. 12 of Principles of Fraud Examination. (You may also choose a fraud scheme case that is not in the text, with instructor approval. ) Case Study That Way Lies Madness Case Study The Importance of Timing Case Study All on th e Surface Write a letter or memoranda in no more than 1,050 words to the organizations management and communicate the examination findings explained in the case. distinguish to this weeks assigned readings for assistance with formatting a letter or memo to management. Include the following in your letter or memo A summary of the matter under investigation The scope of the examination A summary of conclusions The factors that aided the examination The limitations on the examination Format your assignment consistent with APA guidelines. Day 78 Learning Team Weekly ReflectionDiscuss this weeks objectives with your team. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field.Prepare a 350- to 1,050-word paper detailing the findings of your discussion. Day 71 Copyright University of Phoenix is a registered trademark of Apollo Group, Inc. in the United States and/or other countries. Microsoft, Windows, and Windows NT are registered trademarks of Microsoft Corporation in the United States and/or other countries. All other company and product names are trademarks or registered trademarks of their respective(prenominal) companies. Use of these marks is not intended to imply endorsement, sponsorship, or affiliation. Edited in accordance with University of Phoenix editorial standards and practices.