This course places primary emphasis on issues connected with understanding the roles served by auditing (for instance, the need for independence, the problem of fraud, how auditors communicate their findings, and the nature of the evidence process auditors use to support their opinions). This course offers in-depth coverage of the concepts and procedures of external auditing and other assurance engagements. Topics include the professional, legal, and ethical environment, analyzing materiality and risk factors, audit planning, internal control assessment, interpreting and documenting results, and computer-assisted auditing techniques. The course also covers audits for special circumstances such as not-for-profit and public sector audits.
Credits: 3
