ACCT 444 DeVry Week 7 Complete Work


ACCT 444 DeVry Week 7 Complete Work Latest

ACCT 444 DeVry Week 7 Discussion 1

Smackey Dog Food (graded)

This week, we will be using the You Decide Activity (located under its own tab this week) as a focus of this discussion topic. First, we will begin with a quick review of audit reports and what you learned from your eBook reading, course lecture, and Becker material. What five circumstances are required for a standard, unqualified opinion to be issued? Please respond to the You Decide Activity questions as requested by the instructor.

ACCT 444 DeVry Week 7 Discussion 2

Contingent Liabilities (graded)

Class, let’s discuss the final work needed to complete the audit. In completing the audit, the auditor reviews potential contingent liabilities. What is a contingent liability? Describe the three ranges of loss contingencies outlined in SFAS No. 5, including a brief summary of the accounting and disclosure requirements. Later in the week, we will take a look at Problem 24-27.

ACCT 444 DeVry Week 7 Homework Latest

Solve the following questions

Chapter 3: 3-27, 3-32

Chapter 24: 24-26, 24-28

Chapter 25: 25-22

Name click here your document, and include your first and last initials of your name. For example, if your name is Jane Smith, the file name will be ACCT444_W1_HW.

Submit your assignment to the Dropbox, located at the top of this page. For instructions on how to use the Dropbox, read these step-by-step instructions.

See the Syllabus section “Due ACCT 444 DeVry Dates for Assignments & Exams” for due date information.

ACCT 444 DeVry Week 7 Quiz Latest

1. Question : (TCO 2) When a misstatement in the financial statements exists, website but is unlikely to affect the decisions of a reasonable user, it would be appropriate to issue

an unqualified opinion.

a qualified opinion.

an adverse opinion.

a disclaimer of opinion.

Question 2. Question : (TCO 2) When a client has not applied GAAP consistently from the prior year to the current year, the auditor does not concur with the appropriateness of the change, and the change in GAAP has a material effect on the financial statements, the auditor should issue a(n)

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