Auditing

Catalog description

Introduction to assurance services provided by independent accountants with emphasis on an audit of a client's financial statements and accountant's ethical and professional responsibilities. Included in this course will be the discussion of the ethical, social and political influences of the accounting profession, generally accepted auditing standards prescribed by the AICPA and PCAOB and the components of the audit process, including assessing audit risk, internal control and information technology considerations, nature of audit procedures, use of audit sampling and auditor reporting.