Comprehensive Assurance and Systems Tool: An Integrated Practice Set / Edition 1

Paperback (Print)
Buy Used
Buy Used from BN.com
$87.20
(Save 25%)
Item is in good condition but packaging may have signs of shelf wear/aging or torn packaging.
Condition: Used – Good details
Used and New from Other Sellers
Used and New from Other Sellers
from $24.99
Usually ships in 1-2 business days
(Save 78%)
Other sellers (Paperback)
  • All (10) from $24.99   
  • New (2) from $80.00   
  • Used (8) from $24.99   
Close
Sort by
Page 1 of 1
Showing All
Note: Marketplace items are not eligible for any BN.com coupons and promotions
$80.00
Seller since 2014

Feedback rating:

(139)

Condition:

New — never opened or used in original packaging.

Like New — packaging may have been opened. A "Like New" item is suitable to give as a gift.

Very Good — may have minor signs of wear on packaging but item works perfectly and has no damage.

Good — item is in good condition but packaging may have signs of shelf wear/aging or torn packaging. All specific defects should be noted in the Comments section associated with each item.

Acceptable — item is in working order but may show signs of wear such as scratches or torn packaging. All specific defects should be noted in the Comments section associated with each item.

Used — An item that has been opened and may show signs of wear. All specific defects should be noted in the Comments section associated with each item.

Refurbished — A used item that has been renewed or updated and verified to be in proper working condition. Not necessarily completed by the original manufacturer.

New
Brand new.

Ships from: acton, MA

Usually ships in 1-2 business days

  • Standard, 48 States
  • Standard (AK, HI)
$200.10
Seller since 2014

Feedback rating:

(258)

Condition: New
Brand New Item.

Ships from: Chatham, NJ

Usually ships in 1-2 business days

  • Canadian
  • International
  • Standard, 48 States
  • Standard (AK, HI)
  • Express, 48 States
  • Express (AK, HI)
Page 1 of 1
Showing All
Close
Sort by

Overview

CAST: Comprehensive Assurance & Systems Tool is an integrated practice set based on a real winery. Using actual source documents, users receive hands-on experience in preparing and using accounting information to complete an audit of the organization.

Read More Show Less

Product Details

  • ISBN-13: 9780131638037
  • Publisher: Prentice Hall
  • Publication date: 8/2/2004
  • Edition description: Older Edition
  • Edition number: 1
  • Product dimensions: 8.24 (w) x 9.74 (h) x 0.66 (d)

Read an Excerpt

The Comprehensive Assurance and Systems Tool (CAST) provides an integrated learning opportunity that encompasses financial statement assurance and accounting information systems. CAST uniquely exposes students to these issues at The Winery at Chateau Americana, a hypothetical company that is based on an actual domestic winery. Unlike traditional projects and assignments that may offer little or no context, students develop a rich knowledge and understanding of Chateau Americana and its industry as they provide assurance on the company's financial statements and address a variety of challenging accounting information systems issues.

CAST is comprised of three self-contained, but complementary modules:

  • The Manual AIS module requires students to complete real-world business documents, journalize and post a variety of transactions, and prepare a yearend worksheet. This module may be completed before or during the completion of either the Accounting Information Systems module or the Assurance module. However, students are not required to complete this module before the other modules.
  • The Accounting Information Systems module is comprised of three components: spreadsheets, general ledger software, and databases. Although self-contained, this module's value is greatest when combined with the Manual AIS module.
  • The Assurance module provides students hands-on experience with fundamental elements of financial statement assurance. This module is comprised of components related to the client acceptance decision, understanding the business environment, understanding and testing internal controls, assessing risks and materiality, conducting substantive tests, evaluating attorney's letters, performing analytical review procedures, and determining the appropriate audit opinion. These components build upon one another and should be completed in the order in which they are presented.

CAST can be implemented in either an undergraduate or graduate setting and is ideally suited for simultaneous integration across assurance and information systems courses. In addition, each of the modules can be completed either as an in-class or an out-of-class assignment. CAST affords students the opportunity to develop and strengthen their analytical thinking, written and oral communication, problem solving, and team building skills.

Read More Show Less

Table of Contents

Computerized AIS module

1. Prepare Various Common Documents Relating to Sales, Cash Receipts, Purchases, Cash Disbursements and Payroll.

2. Prepare Journal Entries.

3. Prepare Specialized Journal Entries.

4. Post Entries to Subsidiary Ledgers and General Ledgers.

5. Prepare Month-End and Year-End Reconciliation Documents, Trial Balances, etc.

6. Prepare Year-End Worksheet.

Auditing module

Excel Assignment

1. Introduction. 2. Creation of Financial Statements. 3. Reporting. 4. Journals. 5. Financial Statement Analysis. 6. Pivot Tables.

Peachtree Assignment

1. Set Up. 2. Transaction Entry. 3. Month-end/Year-end Procedures. 4. Financial Reports.

Access Assignment

1. Introduction to Database Concepts. 2. Creating a Database. 3. Creating Tables. 4. Creating Forms. 5. Creating Relationships. 6. Creating Reports.CAST: Integrated Auditing and AIS Simulation

Understanding the Business Environment and Related Risks

1. Company Information. 2. Industry Information.

Client Acceptance and Initial Audit Planning.

1. Company Background. 2. Industry Background. 3. Financial Statements and Basic Facts about the Company.

Obtain an Understanding of Control Activities and Tests of Controls for the Expenditure Cycle

1. Objectives of the Assignment. 2. Brief Background Information about the Company and Industry. 3. Brief Background Information about the Expenditure Cycle. 4. Assignment Requirements. 5. Audit Planning Program. 6. Flowcharts of Purchasing Activities. 7. Flowcharts of Cash Disbursement Activities. 8. Audit Schedule(s) for Control Activities. 9. Audit Schedule for Tests of Controls.10. Audit Schedule for Reportable Conditions.

Design of Substantive Tests of Transactions for the Expenditure Cycle

1. Objectives of the Assignment. 2. Brief Background Information about the Company and Industry. 3. Brief Background Information about the Expenditure Cycle. 4. Assignment Requirements. 5. Audit Planning Program. 6. Flowchart(s) of Purchasing Activities. 7. Flowchart(s) of Cash Disbursement Activities. 8. Audit Schedule(s) for Substantive Tests of Transactions.

Design Analytical Tests and Substantive Tests of Balances for the Expenditure Cycle

1. Objectives of the Assignment. 2. Brief Background Information about the Company and Industry. 3. Brief Background Information about the Expenditure Cycle. 4. Brief Background Information on How Accounts Payable Records are Maintained. 5. Assignment Requirements. 6. Audit Planning Program. 7. Audit Schedule(s) for Analytical Tests and Substantive Tests of Balances.

Develop an Overall Audit Strategy for the Expenditure Cycle

1. Objectives of the Assignment. 2. Brief Background Information about the Company and Industry. 3. Brief Background Information about the Expenditure Cycle. 4. Brief Background Information on Fraud and Control Environment Assessment. 5. Assignment Requirements. 6. Audit Planning Program. 7. Flowchart(s) of Purchasing Activities. 8. Flowchart(s) of Cash Disbursement Activities. 9. Audit Schedule(s) for Tests of Controls, Tests of Transactions, Analytical Tests, and Substantive Tests of Balances.10. Audit Schedule for Inherent Risk, Control Risk, and Detection Risk Assessment.11. Audit Schedule for Reportable Conditions and Material Weaknesses.

Performance of Tests of Controls and Transactions for the Revenue Cycle

1. Objectives of the Assignment. 2. Brief Background Information about the Company and Industry. 3. Brief Background Information about the Revenue Cycle. 4. Assignment Requirements. 5. Audit Performance Program. 6. Flowcharts of Sales Activities. 7. Flowcharts of Cash Receipt Activities. 8. Audit Program. 9. Audit Lead Schedule.10. Supporting Schedules for Audit Tests.11. Audit Schedule for Proposed Audit Adjustments.12. Sales Journal.13. Cash Receipts Journal.14. Selected Sales Documents.15. Selected Cash Receipt Documents.

Performance of Tests of Balances for the Revenue Cycles

1. Objectives of the Assignment. 2. Brief Background Information about the Company and Industry. 3. Brief Background Information about the Revenue Cycle. 4. Brief Background Information about How Accounts Receivable are Maintained. 5. Assignment Requirements. 6. Audit Performance Program. 7. Audit Program. 8. Audit Lead Schedule. 9. Supporting Schedules for Audit Tests.10. Audit Schedule for Proposed Audit Adjustments.11. Aged Accounts Receivable Trial Balance.12. Selected Accounts Receivable Confirmations.13. Sales Journal.14. Selected Sales Documents.15. Selected Cash Receipt Documents.

Completing the Audit

1. Final Analytical Procedures and Review of Supplemental Disclosures. 2. Potential Litigation. 3. Summary of Adjustments and Significant Audit Issues. 4. Mock Interview with Client Regarding Proposed Adjustments. 5. Issuance of Appropriate Audit Report.

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)