Accounting Question

Instructions – PLEASE READ THEM CAREFULLY

• The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
• Assignments submitted through email will not be accepted.
• Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
• Students must mention question number clearly in their answer.
• Late submission will NOT be accepted.
• Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
• All answers must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism.
• Submissions without this cover page will NOT be accepted.

Assignment Question(s):

(Marks 15)

Q1. Identidy the first three steps that the auditor should follow while observing the physical inventory count. (3 Points)

Answer:

Q2. What are factors considered in assessing control risk for intangible asset?

(5 Points)

Answer:

Q3.Identidy the three major types of transactions that occur in stockholders equity. (3 Points)

Answer:

Q4. Identify audit procedures to test the bank reconciliation. (4 points)

Answer:Instructions – PLEASE READ THEM CAREFULLY

• The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
• Assignments submitted through email will not be accepted.
• Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
• Students must mention question number clearly in their answer.
• Late submission will NOT be accepted.
• Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
• All answers must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism.
• Submissions without this cover page will NOT be accepted.

Assignment Question(s):

(Marks 15)

Q1. Identidy the first three steps that the auditor should follow while observing the physical inventory count. (3 Points)

Answer:

Q2. What are factors considered in assessing control risk for intangible asset?

(5 Points)

Answer:

Q3.Identidy the three major types of transactions that occur in stockholders equity. (3 Points)

Answer:

Q4. Identify audit procedures to test the bank reconciliation. (4 points)

Answer:Instructions – PLEASE READ THEM CAREFULLY

• The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
• Assignments submitted through email will not be accepted.
• Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
• Students must mention question number clearly in their answer.
• Late submission will NOT be accepted.
• Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
• All answers must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism.
• Submissions without this cover page will NOT be accepted.

Assignment Question(s):

(Marks 15)

Q1. Identidy the first three steps that the auditor should follow while observing the physical inventory count. (3 Points)

Answer:

Q2. What are factors considered in assessing control risk for intangible asset?

(5 Points)

Answer:

Q3.Identidy the three major types of transactions that occur in stockholders equity. (3 Points)

Answer:

Q4. Identify audit procedures to test the bank reconciliation. (4 points)

Answer:

More Instructions:

– It is preferable not to use AI (artificial intelligence )programs for answers.

– Please do not copy any answer from any external source or any external document or book.

– One sentence copied = 0 marks

– Please put the solution inside the questions file that was sent

– Please write the number of words of the answers based on the number required for each question (if any)

– please follow the instructions at the beginning of the file, do not copy, font type, font size, paragraph, etc.

– Add references to the sources of the answers, at least 6 references