Auditing For Today's Accounting Students
This course introduces a practical approach to auditing. It focuses on the systematic process to include the kind of teaching that students will face in the real world. The course discusses and explains Generally Accepted Auditing Standards (GAAS). Students will walk through the audit process and discover the important elements, such as documenting a client’s system of internal control, performing tests of compliance, and applying substantive test procedures to account balances. Students will review and learn about the process of flowcharting a system of internal control, referencing, statistical sampling, using tick marks on audit workpapers and performing analytical review procedures. They will also get a good understanding of the various audit reports issued by the auditor. Different legal issues and professional ethics in the field of auditing are also discussed.

Upon completion: Certificate Option