Assurance services with focus on the audit of financial statements. The basic financial statement audit process is discussed, including the concepts of evidence, materiality, and risk. The role of professional ethics and legal liability in the auditing profession.
Athena Title
Audit Risk and Control
Equivalent Courses
Not open to students with credit in ACCT 5200, ACCT 5200H, ACCT 7200
Non-Traditional Format
This course will be taught 95% or more online.
Prerequisite
ACCT 7520E
Grading System
A - F (Traditional)
Student learning Outcomes
Students will develop professional skepticism by becoming a critical reader and user of information.
Students will gain an understanding of the regulatory environment in which auditors work and the recent changes in that environment.
Students will learn about the process of performing an audit, understanding the audit risk model, and how the various accounting cycles are audited.
Students will learn the reporting options auditors can use to signal the quality of the financial statement reporting to financial statement users.
