Advanced Audit

Catalog description

The Advanced Auditing course helps students develop a better understanding of the audit environment and gives them the opportunity to gain hands-on experience planning for an audit engagement, performing test work, and completing an audit engagement. The course also addresses additional topics not covered in detail in the Audit Theory and Practice I course, including inventory observation, legal liability issues faced by auditors today, the regulatory environment, professional responsibilities of auditors, preparing appropriate documentation for audit engagements, providing required communications to clients, and performing Single Audits. The course is designed to encourage open discussions of cases and current issues and provide learning opportunities for the students. The class meetings and assignments are designed to improve the student' critical thinking skills, communication skills, and team-building skills. Graded on A-F basis only. Credit Hour s : 3 Prerequisites: ACCTCY 4384 or ACCTCY 7384 . Restricted to Accountancy Majors