FIN 590 Wk 3 Discussion – Internal Controls FIN 590 Wk 3 Discussion – Internal Controls Internal controls are a set of policies and procedures, which are created to ensure consistent reliability of accounting systems. Internal control procedures in accounting are typically divided into seven categories, for the purpose of fraud prevention and recognition of errors before they emerge as problems. Briefly discuss each of the seven internal controls. […]

FIN 590 Wk 3 – Understanding Auditing and Internal Controls FIN 590 Wk 3 – Understanding Auditing and Internal Controls This assignment is critical for students to gain a fundamental understanding of identifying control deficiencies. Describe the function of how internal controls reduce risk and how would you design controls to reduce risk? Demonstrate control with in […]

FIN 590 Wk 4 – Understanding of Sampling and How They are Used FIN 590 Wk 4 – Understanding of Sampling and How They are Used This assignment is critical for students to develop a fundamental understanding on how to sample data and generate evidential material to support findings. Complete the table in the Week 4 Worksheet in […]

FIN 590 Wk 5 Discussion – An Auditor’s Opinion FIN 590 Wk 5 Discussion – An Auditor’s Opinion During the audit process, the auditor gives his opinion on financial information disclosed by the firm. The auditor’s report is a fundamental component of the firm’s audited financial statement. At the conclusion of the audit process, the […]

FIN 590 Wk 5 – Understanding the Responsibilities and Code of Conduct for the Auditor FIN 590 Wk 5 – Understanding the Responsibilities and Code of Conduct for the Auditor Resource: Understanding the Responsibilities and Code of Conduct for the Auditor Grading Guide This assignment is critical for students to gain a fundamental understanding of […]

FIN 590 Wk 5 Team – Outline for Week 6 FIN 590 Wk 5 Team – Outline for Week 6 This assignment is to establish an outline for Week 6 final presentation. Review Earthware’s Financial Reports. Discuss the topics below with your team. Write a detailed outline for the Week 6 presentation. Include the following: An introduction to the […]

FIN 590 Wk 6 Discussion – Due Care FIN 590 Wk 6 Discussion – Due Care Auditors are responsible for increasing the reliability of financial statements for external users. Auditors are responsible for their actions and may face civil and criminal liability charges for poor performance or derelict of their duties. Based on the tenets […]

FIN 590 Wk 6 – Putting It All Together FIN 590 Wk 6 – Putting It All Together To establish and reinforce all parts of auditing, audit planning, process, descriptions, and reports parts. In 700 to 1,050 words, demonstrate the planning process for a complete audit from the role of an auditor. Include the following: A brief description […]

FIN 590 Wk 6 Team – Final Presentation Case FIN 590 Wk 6 Team – Final Presentation Case To establish and reinforce all part of auditing. Audit planning, process, descriptions, and reports parts. Review Earthware’s Financial Reports. Focus on the following: Consolidated Financial Statements Management’s Discussion & Analysis Management’s Report on the Financial Statements Independent Audit Report […]

FIN 590 Wk 4 Discussion – Statistical Sampling FIN 590 Wk 4 Discussion – Statistical Sampling Non-statistical sampling is the selection of a test group that is based on the examiner’s judgment, rather than a formal statistical method. Statistical sampling means testing less than 100% of the items in the population for some characteristic and then […]