AUDITING FINANCIAL STATEMENTS

Catalog description

One out of the four sections of the Certified Public Accountant (CPA) exam is devoted exclusively to auditing, a required skill for the accounting profession. This course will identify the conceptual tools needed to find, organize, and evaluate evidence about the assertions of a third party through the practical application of auditing techniques. The connection between Auditing activities and the reliability of business accounting statements, together with related disclosures, are linked in this course to prior business and accounting courses. This course will also integrate the current regulatory environment and the Accounting Standards Board’s (ASB) guidance when conducting an audit in accordance with Generally Accepted Auditing Standards (GAAS).