ACCT 415 - Auditing, Attestation, and Professional Responsibility

4 Credit(s)

This course introduces students to audit firms and the auditing process. Students engage in fundamental concepts, principles, and standards that guide the examination of financial statements. Students develop an in-depth understanding of auditor responsibilities and objectives, internal controls and risk assessment in evaluating the nature, timing and extent of audit evidence to support the audit opinion. Considerable attention is paid to the auditor’s professional responsibilities, quality control and professional standards as they apply to audits of both public and non-public organizations. Students will explore ethical issues likely to be encountered by a CPA in audit practice are discussed regularly including the impact of Sarbanes Oxley Act on the profession. Students will also learn techniques to investigate white collar crime and fraud. The opportunity to enhance a student’s resume is provided through the documentation of a corporate procedure.
Prerequisite(s): ACCT 308 or ACCT 309 and junior standing.