Course Description: Examination of auditing theory and practice. Topics include standards, ethics and legal responsibilities of the profession, audit planning, internal control, audit evidence, and auditor communications. Prerequisites: BSAD 162, BSAD 265; Senior standing; Business Administration major, Master of Accountancy student, Business Administration minor, Accounting minor.
Section Description: This course emphasizes the manner in which the assurance function is performed, with an emphasis on the auditing of financial statement information. It continues with the content and learning methods introduced in your earlier accounting courses and with emphasis on understanding relevant professional standards (primarily in 2 areas—attest and audit) and applying those standards. The specific learning outcome objectives are as follows: • Overall auditor responsibilities: Understand the nature of audit risk and an auditor’s responsibility to detect financial statements misstatements and noncompliance with laws and regulations. • The audit process: Understand the nature of the audit process, including the nature of and relationships among financial statement assertions, audit objectives, audit procedures and audit evidence. • Reporting requirements: Apply appropriate audit reporting standards to various reporting situations. • Ethical responsibilities: Apply ethical standards to situations encountered by accountants.
|TR||10:05 - 11:20||KALKIN BUILDING 325|
Instructor(s): Barbara M. Arel
Meeting Dates: 16 Jan 2018 - 04 May 2018