FIN590 Wk 2 – Understanding of What Materiality and Evidence are and Material Misstatement

This assignment is critical for students to gain a fundamental understanding of what materiality and evidence are, how they relate to each other, how the auditor assesses the risk of material misstatement, and to analyze financial needs to make operational decisions. Complete the table in the Week 2 Worksheet in no more than 700 words. Fill in each box. […]

FIN590 Wk 1 – Understanding of Management’s and Auditor’s Responsibility for Detecting Errors, Material Fraud and Illegal Acts

This assignment is critical for students to gain a fundamental understanding of management’s and auditor’s responsibility for detecting errors, material fraud, and illegal acts. This assignment provides a foundation for the entire course by setting the stage for more complex topics, while ensuring students understand what responsibilities each role plays in auditing and how they […]

FIN590 Wk 1 – Social Needs of Auditing and Different Types of Audits and their Relationships

This assignment is critical for students to gain a fundamental understanding of auditing, attestation, and assurance services. This assignment provides a foundation for the entire course by setting the stage for more complex topics, while ensuring students understand what auditing, attestation, and assurance services are, how they relate to each other, and why independent auditing […]

ACC544 Wk 6 – Apply: Evaluating Internal Controls

Review the Robatelli’s Pizzeria Case Study. Considering the nature of the relationship between Robatelli’s Pizzeria home office and its franchise owners, the company may be quite vulnerable to theft or fraudulent financial reporting committed by these franchise owners. In 700 to 1,050 words, discuss the following: Describe three components of the fraud triangle and how each would relate to […]

ACC544 Wk 5 – Apply: Asset Governance

Review the Robatelli’s Pizzeria Case Study. Ensure proper governance of Information Technology assets. Create a 800- to 1,100-word risk assessment process for IT functions. Describe the objectives of governance of Information Technology and the general controls in an IT system. (40% of grading criteria) Include a test of control activity in each of the following five categories: (each represents 10% of […]

ACC544 Wk 4 – Apply: Internal Controls for Purchases, Payroll, and Fixed Assets

Review the Robatelli’s Pizzeria Case Study. Develop another internal controls system, but this time, in the purchases and fixed assets business areas. Prepare a 12- to 16-slide presentation describing the purchases and fixed assets business areas. Be sure to incorporate speaker notes as well as appropriate visuals, graphics, fonts, etc. Include any associated risk in these areas. Describe specific internal controls […]

ACC544 Wk 3 – Apply: Developing Internal Controls

Review the Robatelli’s Pizzeria Case Study. Develop an internal controls system in Robatelli’s Pizzeria sales and cash business areas. Prepare a 12- to 16-slide presentation describing the typical activities and outlining an effective system of internal controls for the Sales, Sales Returns, and Cash Collections business areas. Include any associated risks in these areas. Describe specific internal controls that include authorization […]

ACC544 Wk 2 – Apply: Risk Assessment

Review the Robatelli’s Pizzeria Case Study. Perform an enterprise-wide risk assessment for Robatelli’s Pizzeria. Write a 800 to 1,200-word proposal that shows your plan for the risk assessment project. Identify risk areas and the criteria to be used to determine likelihood, magnitude, velocity, and persistence. Provides detailed assessment of fraud risks, risk areas, and the related criteria. Link risk categories to […]

ACC544 Wk 1 – Apply: Business Processes

Read the Robatelli’s Pizzeria Case Study. Consider each business process included in the case description. Discuss each business process included in the case description. Each business process should be substantively described in at least 2-3 sentences. Discuss other business processes that may occur at Robatelli’s (but were not specifically discussed in the case study). Each business process is […]