Auditing a company's financial statements requires the ability to apply generally accepted auditing standards to a variety of situations. In this course, students learn the specifics of auditing and how to choose appropriate audit testing. They explore a variety of topics, including professional ethics, audit planning and documentation, audit evidence, statistical tools, materiality and risk, and audit reports for different assurance and non-assurance services. Students examine internal controls and accounting systems as well as software designed for evaluating business information. Through a group project, students work toward gaining practical knowledge and problem-solving skills as they analyze real audit issues and cases. Students apply the Statements of Audit Standards from the Audit Standards Board and Audit Standards of the Public Company Accounting Oversight Board to their auditing situations.
ACCT2001: Accounting II OR ACCT2003: Introduction to Accounting II
Have one of the following:
- High school diploma;
- GED Conferred; or
- Collegiate transcript including 12 or more credits completed as a degree-seeking student
Unofficial transcript(s) from institution(s) with accreditation recognized by Council for Higher Education Accreditation (CHEA) or US Department of Education. Unofficial transcripts must include the name of the institution, student name, grades earned, credits earned, degree earned (if applicable), course names/numbers and dates of attendance
Meet one of the following requirements:
- 21 years of age or older;
- Concurrently enrolled at another higher education institution;
- Active military or veteran; or
- Completion of 60 quarter credits from an accredited US higher education institution.