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Do you work hard to achieve good grades, but does not get success at that level? Studentwhiz has found out a simple yet interesting way to help its students achieve good grades by learning in a smart way through University of Phoenix ACC 492 - Week 3 - Complete Solutions and ACC 492 - Week 3 - Complete Course. Our main motive is that our students should pass their exams with flying colors. ACC 492 - Week 3 - Complete Study Material and ACC 492 - Week 3 - Complete Guide are also been provided so that students can learn from them. On our learning portal you will get study material which is 100% updated and imparted by our experts.

ACC 492 - Week 3 - Complete

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Course Detail:

DQ1.What internal control components are common among long-term assets, liabilities, and equity accounts? What components are unique to each? How can an auditor assess these controls?



DQ2.What are the key management assertions related to long-term assets and liabilities? What are the most important assertions related to long-term assets and liabilities? How will auditors test these assertions? 


DQ3.Identify three different value-added services that a CPA might perform for a client, related to the investment and financing cycles.


Individual Assignment - Assignments From the Text Resource:

Modern Auditing Prepare written answers to the following assignments

• Ch. 16: Comprehensive Question 16-26: Evaluation of Internal Controls – Raw Materials and Supplies Inventory

• Ch. 16: Comprehensive Question 16-29: Computer-Assisted Substantive Tests for Inventory


Learning Team Deliverable - Application of learning objectives  

Discuss this week’s assignments and learning objectives in the Learning Team Forum.


Write a summary of your team’s discussion and submit your summary to the Assignments link by Day 7. Make sure you discuss each member’s contribution to the discussions and the assignments. Include a title page that indicates that each member of the team has substantively participated in the discussions.


Learning Team Assignment - Apollo Shoe Case Assignment      

Resource: Apollo Shoe Case link in Week Three on the Materials page

Review the Planning section with emphasis on the Work paper Indexing, Trial Balances, and Apollo Shoes Minutes and the Accounts Receivable section with emphasis on the Audit of Accounts Receivable – confirmations.

Complete the Inventory audit section


Weekly Summary

Post a short summary of what you have learned this week. 

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