Auditing

Catalog description

This course studies generally accepted auditing standards and procedures used in examining financial statements and supporting records, including the auditor's responsibilities to third parties, the evaluation of the client's internal control, and the ethics of the profession. Particular emphasis is placed upon the auditing of cash, accounts and notes receivable, prepaid expenses, inventory, property, plant and equipment, current liabilities, long-term liabilities, and stockholder's equity. Electronic auditing will also be reviewed.