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Audit Manager’s Presentation

 

Overview

To complete this week's assignment, you will select a company that interests you, and assume that you are the Audit Manager leading a financial statement audit engagement. Following the format used in prior discussions in this course, the company you select for this assignment could be a prior employer, a company you'd like to work at someday, or simply an organization whose products or services you use or admire. If you select a business where you currently work (or have worked in the past), remember not to use any personal details or potentially confidential information in your presentation. Focus your presentation on addressing the specific audit-related items listed in the Instructions below. If you have questions about your company selection, or if you are having trouble selecting a company, contact your instructor for support.

Instructions

Note: Each slide in your presentation should contain your main points and any appropriate explanatory or supporting images, graphs, charts, et cetera. You may provide your support, rationale, or explanations for each slide in one of two ways:

  • Option 1: Provide written support for your slide's main points in the speaker note section at the bottom of each slide.
  • Option 2: Support the main points of the slide using the audio feature within PowerPoint to add a recorded verbal explanation.

In a 15–18 slide PowerPoint presentation, please address the following items.

  • Explain the specific steps that you would take to gain an understanding of the company’s system of internal control. Provide a rationale for your approach.
  • Identify one entity-level control and one transaction-level control that you would expect to see in the company’s revenue process. Explain why you would expect to see these two controls.
  • Identify two methods that you would use to design and test controls. Provide a rationale for why you selected these two methods.
  • Develop a plan to incorporate audit data analytics (ADA). Explain how the plan would support: risk assessment, evidence evaluation, and substantive procedures.
  • Recommend a framework for sampling and testing key transactions and account balances. Provide a rationale for your proposed framework.
  • Cite two quality resources to support your writing. Choose sources that are credible, relevant, and appropriate. Cite each source listed at least one time within your presentation. List your sources on a Sources slide at the end of your presentation. For help with research, writing, and citation, visit the Strayer Library or review library guides.

This course requires the use of Strayer Writing Standards (SWS). The library is your home for SWS assistance, including citations and formatting. Please refer to the Library site for all support. Check with your professor for any additional instructions.

The specific course learning outcomes associated with this assignment are:

  • Develop conclusions about internal controls based on the revenue cycle for a given client.
  • Determine the impact of audit risk, inventory transactions, and balances using a given sampling approach.
  • Develop conclusions about risks, control tests, and substantive procedures for a given client using analysis and calculations.

View Rubric
 

    Responses

    In your responses to peers, discuss how knowledge of labor market information assists HR professionals in developing a quality staffing plan. 

    Speak in first person

      Economics 3

        

      As a master's-level health care practitioner, you are expected to consider a number of factors when supporting change by analyzing the feasibility of a new initiative or identifying an issue within your organization. For example, you must take into consideration the various types of risk (such as patient safety, physical plant, financial, or reputation), as well as the present and future value of the service line or economic opportunity you are invested in. Additionally, you must also balance your ethical and moral responsibility to provide quality care to patients and populations while protecting your organization's assets and economic viability in the near and long terms.

        Economics 4

          

        As health care leaders, it is important to understand strategies for advocating and lobbying elected officials. This can lead to the development of policies or laws that can help drive improved equity and outcomes for all participants in the health care environment as well as a more sustainable financial future.

          CSMA

            

          Case Study: Marriage Assignment Instructions

          Instructions

          You will meet with one couple without children in their church for at least two sessions, each lasting about one hour. 

          · The Case Study must be 4–6 pages (not including title and reference pages), 

          · Include 3–4 references, not including your textbooks (no more than two can be from online sources/websites). 

            GDECE106

            Task Description: In terms of physical, social-emotional and cognitive development, identify aspects of learning and development of a child (You can have an example from your placement, your family or your social circles, but please respect the confidentiality of their identity, make them unidentifiable, using a pseudonym). Explain their milestones of development, specifically identifying development across all domains. Use theoretical tools from different perspectives that we have discussed in the class, e.g.: constructivism, behaviourism, humanistic theory, cognitivism, etc. Appraise a range of intentional teaching strategies to support the child’s holistic learning and development, along with individual needs if required. Link to EYLF/NQS. Criteria • Explain the milestones achieved by the child, and any notable milestones that have not been achieved but would be expected at the child’s age. • Appraisal of strategies to support the child’s development and learning • Clear connections to EYLF, NQS • Draw on relevant academic literature to support your explanation. Due Date: 14th August, 2024, 11.59 PM Word count: 2000 words +/- 10% (excluding references) NOTE: SCEI-HE requires its students to observe the highest ethical standards in every aspect of their academic work. SCEI-HE actively demonstrates its commitment to academic integrity by recognising scholarly work and penalising all forms of academic dishonesty. Please refer to the Institute’s HEPP01 Academic Integrity Policy and Procedure for further information or speak to your lecturer, Academic Support Coordinator or Librarian. Formatting: 12-point serif font (eg. Times New Roman). 1.5 or double line spacing. Referencing: APA7 (please refer to this guide for referencing guidelines) 

            GDECE106 ASSESSMENT 2 Rubric

            Task Description:

            In terms of physical, social-emotional and cognitive development, identify aspects of learning and development of a child (You can have an example from your placement, your family or your social circles, but please respect the confidentiality of their identity, make them unidentifiable, using a pseudonym). Explain their milestones of development, specifically identifying development across all domains. Use theoretical tools from different perspectives that we have discussed in the class, e.g.: constructivism, behaviourism, humanistic theory, cognitivism, etc. Appraise a range of intentional teaching strategies to support the child’s holistic learning and development, along with individual needs if required. Link to EYLF/NQS.

            Criteria

            • Explain the milestones achieved by the child, and any notable milestones that have not been achieved but would be

            expected at the child’s age.

            • Appraisal of strategies to support the child’s development and learning

            • Clear connections to EYLF, NQS

            • Draw on relevant academic literature to support your explanation.

            Due Date: 14th August, 2024, 11.59 PM

            Word count: 2000 words +/- 10% (excluding references)

            NOTE: SCEI-HE requires its students to observe the highest ethical standards in every aspect of their academic work. SCEI-HE actively

            demonstrates its commitment to academic integrity by recognising scholarly work and penalising all forms of academic dishonesty. Please refer

            to the Institute’s HEPP01 Academic Integrity Policy and Procedure for further information or speak to your lecturer, Academic Support

            Coordinator or Librarian.

            Formatting: 12-point serif font (eg. Times New Roman). 1.5 or double line spacing.

            Referencing: APA7 (please refer to this guide for referencing guidelines)

            Grading Scale

            Criteria High Distinction (HD)

            Distinction (D) Credit (C) Pass (P) Not meeting minimum requirement (N)

            C1. Explain the milestones achieved by the child, and any notable milestones that have not been achieved but would be expected at the child’s age.

            (15 marks)

            C1.1 Explanation of milestone achievement clearly addresses all domains and contains critical reflection on child development in terms of age / development related expectations.

            C1.2 Explanation of milestone achievement clearly addresses all domains.

            C1.3 Explanation of milestone achievement addresses all domains but is mostly descriptive.

            C1.4 Child clearly introduced. Explanation of milestone achievement addresses all domains but may contain misunderstandings.

            C1.5 Child not clearly introduced. Explanation of milestone achievement doesn’t address all domains / is inaccurate or missing.

            C2. Appraisal of strategies to support the child’s development and learning

            (10 marks)

            C2.1 Relevant strategies to support the child’s development are appraised.

            C2.2 Relevant strategies to support the child’s development are explained.

            C2.3 Relevant strategies to support the child’s development are described.

            C2.4 Relevant strategies to support the child’s development are noted.

            C2.5 Appraisal of strategies to support the child’s development and learning is missing, inaccurate or irrelevant.

            C3. Clear connections to EYLF, NQS

            C3.1 Connections to EYLF and NQS are explained and justified.

            C3.2 Connections to EYLF and NQS are explained.

            C3.3 Connections to EYLF and NQS are clearly stated.

            C3.4 Connections to EYLF and NQS are note in brief.

            C3.5 Connections to EYLF and NQS are missing or inaccurate.

            (5 marks)

            C4. Draw on relevant academic literature to support your explanation.

            (5 marks)

            C4.1 A broad range of relevant academic sources cited. Sources effectively support claims / argument.

            C4.2 A range of relevant academic sources cited. Sources effectively support claims / argument.

            C4.3 Relevant academic sources cited. Sources effectively support claims / argument.

            C4.4 Minimal academic sources cited. Sources do not effectively support claims / argument.

            C4.5 No academic sources cited /irrelevant academic sources cited.

            C5. Assignment is

            formatted according

            to requirements and

            written clearly and

            cohesively. APA 7

            referencing is used.

            Word limit is

            adhered to.

            (5 marks)

            C5.1 The

            assignment is clear

            and free of

            typographical and

            structural features

            that hinder

            understanding.

            There is no

            confusion between

            author voice and

            that of sources. The

            assignment is

            formatted according

            to stated

            requirements.

            Accurate mechanics

            of in-text and end-

            of-text APA (7th

            Ed.) referencing

            C5.2 The

            assignment is clear

            with minor

            typographical and

            structural features

            that may hinder

            understanding.

            There is minimal

            confusion between

            author voice and

            that of sources.

            The assignment is

            mostly formatted

            according to stated

            requirements.

            Accurate

            mechanics of in-

            text and end-of-

            text APA (7th Ed.)

            C5.3 The assignment

            is clear with

            typographical and

            structural features

            that may hinder

            understanding. There

            is minor confusion

            between author

            voice and that of

            sources. The

            assignment is partly

            formatted according

            to stated

            requirements.

            Mechanics of in-text

            and end-of-text APA

            (7th Ed.) referencing

            style were used with

            C5.4 The

            assignment has

            typographical and

            structural features

            that significantly

            hinder

            understanding.

            There is confusion

            between author

            voice and that of

            sources.

            The assignment is

            minimally

            formatted according

            to stated

            requirements.

            Mechanics of in-

            text and end-of-text

            APA (7th Ed.)

            C5.5 The

            assignment has

            typographical and

            structural features

            that prohibit

            understanding.

            There is confusion

            between author

            voice and that of

            sources, or author’s

            voice is absent. The

            assignment is not

            formatted according

            to stated

            requirements.

            Mechanics of in-

            text and end-of-text

            APA (7th Ed.)

            referencing style

            style were used.

            Word limit met.

            referencing style

            were used with

            minor

            inconsistencies (no

            more than 2

            errors).

            Word limit met.

            inconsistencies (no

            more than 4 errors).

            Word limit met.

            referencing contain

            several errors.

            Word limit met.

            were not used

            appropriately.

            Word limit not met.

            Application Analysis

            The assignment instructions is the .pdf file. The assignment is the 2 word documents. Questions or information on the previous assignment is available to review for extra help.

            Creating an Action Plan for Equity – Part II Submit the assignment by 11:59 PM PT Sunday of Module 2.

            In the Module 1 assignment, you conducted an equity audit for a school, its classrooms, and teacher behaviors. You also explored various instructional models and frameworks in the presentation videos, such as the Sheltered Instruction Observation Protocol (SIOP®) model, the Universal Design for Learning (UDL) framework, and the Culturally Responsive Teaching (CRT) instructional method.

            In this assignment, you will dig into your school’s data to analyze instructional practices affecting equitable learning opportunities. You will evaluate school data, research available and used instructional models, and conduct an instructional equity audit. Then, you will combine your analyses from Module 1 and Module 2 to develop an action plan for a campus leadership team audience.

            Step 1 Collect at least 3 years of student performance data for your school, including student scores on state exams, grades, or other metrics your school uses to measure student achievement. You will convey these data in the action plan.

            Analyze the data using these guiding questions:

            Who is succeeding academically? Who is not succeeding academically? What are the trends? What are the strengths? What specific outcomes are needed?

            Your data may look like the data in the ACE Sample School Data Packet.

            Step 2 To better create an instructional equity audit, review the Module 1 and Module 2 presentation videos and research:

            how to determine which target group is a priority key considerations when determining an instructional model criteria of success for instructional models

            Step 3 Download and complete the ACE Instructional Equity Audit. If you have time, consult with your administrator or mentor as you fill it out.

            Step 4 Download the ACE Equity Action Plan Template. Use the template to compose a 5- to 6-page evidence-based action plan to increase equity at the school. Your action plan will look different from an APA-formatted essay. Instead, modify the template to create something that looks like a document you would use as a principal.

            Step 5 Use the Module 2 assignment rubric to informally assess your work and ensure you have met all requirements.

            Then, submit two file uploads:

            Equity Action Plan Instructional Equity Audit

            8/8/24, 11:31 PM Module 2 Application-Analysis

            https://ace.instructure.com/courses/1992465/assignments/18587389#submit 1/2

            Time-Sensitive Preview: In the Module 3 assignment, you will design a back-to-school professional development to introduce the instructional model you identified in your action plan.

            8/8/24, 11:31 PM Module 2 Application-Analysis

            https://ace.instructure.com/courses/1992465/assignments/18587389#submit 2/2

            ,

            Instructional Equity Audit

            review

            Understanding why disparities in achievement exist is like solving a challenging puzzle. There are many complex components that go into teaching children. Test scores are only one data point, and they usually tell the summative result of classroom instruction. To truly understand why a certain group of students is not being successful, an administrator needs to investigate and engage in honest conversations to determine the conditions and obstacles students may be facing. We no longer use the term “achievement gap” because the term implies that students aren’t performing as well as they should be and that it is their fault. Our goal is to refer to the problem in a way that holds all of us accountable for student achievement; hence, the introduction of the term “opportunity gap.” When we identify the opportunity gap, we are saying there are possible systemic obstacles that need to be addressed, so all students can be successful.

            Instructional Equity Audit

            Key Areas to Consider

            What physical evidence should be gathered?

            What questions should we ask and to whom?

            What observations should we make, if any?

            [Example:

            Clear learning objectives and expectations are communicated to students.]

            [Example:

            · Individual teacher lesson plans

            · School handbook

            · District curriculum guide or scope and sequence

            · Walkthrough documentation]

            [Example:

            To teachers – What is your process for communicating clear learning objectives?

            Have you ever received training regarding making learning objectives meaningful for students?]

            [Example:

            Observe if learning objectives are written for students to see. Do students record the learning objective or discuss it in any way? Can students clearly explain the learning objective when asked by an administrator?]

            Teachers have content knowledge, can identify the tested curriculum, know how to scaffold for background knowledge, and instruct in an engaging way.

            ·

            All teachers have narrowed down the best instructional strategies for their specific students and differentiate accordingly.

            ·

            Lessons are not so rigid that teachers are restricted from being responsive to students with diverse linguistic backgrounds, learning disabilities, or needed cultural connection.

            ·

            Students are offered a variety of ways to interact with the instructional material.

            ·

            School administrator or designee provide consistent and specific feedback to support instruction and teachers’ practice.

            ·

            Students are given exposure to various cultures and ethnicities through lessons.

            ·

            Teachers do not engage in instructional practices that no longer serve students.

            ·

            Teachers have opportunities to collaborate and communicate regarding classroom data and best practices

            ·

            Instructional units or lesson plans are adjusted based on assessment data and student needs.

            ·

            What major needs are surfacing?

            · Need

            · Need

            · Need

            · Need

            · Need

            Which instructional model might be used to serve these needs?

            [Compose 1 paragraph explaining the instructional model with rationale.]

            © 2023 American College of Education

            2

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            ,

            You may delete the ACE logo, customize fields, delete these instructions, and delete any bracketed instructions as you polish the document as something you might produce in the real world. Use this template to develop your equity action plan using your findings from the Equity Audit Analysis in Module 1 and student performance data and Instructional Equity Audit in Module 2. Although this is not an APA-formatted paper, please include APA-formatted in-text citations and references to support your findings.

            Equity Action Plan

            [Your Name]

            [Date]

            [Compose an introduction to your action plan. The introduction should share your vision and expectation for equitable instruction.]

            School Name

            Mission and Vision

            Student Population and Demographics

            The Audit Team

            [Who would you invite to participate in the audit team? Briefly describe the staff or stakeholders who will help carry out the action plan. Include important individual characteristics, skills, and roles. You may organize this information in a table.]

            Data

            Equity Audit

            [Condense key findings from your M1 Equity Audit Analysis into this section.]

            Instructional Equity Audit

            [Condense the key findings from your M2 Instructional Equity Audit into this section.]

            Three-Year School Performance Data

            [Here, you will include an overview, screenshots, tables, graphics, or other methods of conveying critical student performance data you gathered previously in the Module 2 assignment. This section of the plan will be more robust because it is the basis of your action plan recommendations.]

            Who is succeeding academically?

            Who is not succeeding academically?

            What are the trends?

            What are the strengths?

            What specific outcomes are needed?

            Data Analysis

            [Analyze and synthesize the data. What does the data tell you about actions needed? Compose 2-3 paragraphs accurately interpreting data with insightful and detailed assertions, supported by specific data points or trends.]

            Instructional Models

            [Utilize the data collected thus far to determine which of the instructional models—the Sheltered Instruction Observation Protocol (SIOP®), Universal Design for Learning (UDL), culturally responsive teaching (CRT)—would best support student needs at your school. Discuss each of the models in order of priority for your school’s needs. Provide rationale. Connect each model to your data and recommend the model for concerted focus.]

            Action Plan

            Objective(s)

            [List 1-2 measurable objectives of the action plan. At least one objective should be to introduce or prioritize the instructional model you identified in the previous section. The objectives statement should start with a verb and be specific, measurable, achievable, relevant, and time bound.]

            · Objective 1

            · Objective 2 (optional)

            Tasks

            [Arrange tasks in chronological order. Add rows for additional tasks as needed. Ensure you’ve added enough detail in the task cell so stakeholders know exactly what will take place. Note: In the Module 3 assignment, you will develop a back-to-school professional development for your chosen instructional model, so you will include it as a task.]

            Task

            Responsible Person or Group

            Timeline

            Communication Plan

            [Describe important communications required to inform stakeholders of the action plan. Arrange communication in chronological order. Add rows for additional tasks as needed.]

            Audience(s)

            Mode

            Purpose and Information to Be Conveyed

            ·

            ·

            ·

            ·

            Measuring Progress

            [Refer back to your objectives and think about how you will monitor if your objectives have been met. What data will support the success of this action plan? In a 1- to 2-paragraph narrative, explain how you will monitor activities and evaluate the success of the action plan to create equity.]

            Conclusion

            [Compose a paragraph explaining how this action plan will contribute to equity.]

            References

            © 2023 American College of Education

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