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Acct-401-Auditing principals and procedures

Description

·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.

-each question 300-400 words “minimum”

College of Administration and Finance Sciences

Assignment (2)
Deadline: Saturday 23/11/2024 @ 23:59
Course Name: Auditing principals and
procedures

Student’s Name:

Course Code: ACCT 401

Student’s ID Number:

Semester: 1st

CRN:
Academic Year: 1446 H

For Instructor’s Use only
Instructor’s Name:
Students’ Grade:

/15

Level of Marks: High/Middle/Low

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.

College of Administration and Finance Sciences

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:

College of Administration and Finance Sciences

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:

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