Auditing. 3 credits, 3 contact hours

Catalog description

Prerequisites: ACCT 435 . An examination of current auditing theory and practical procedures employed in carrying out an entity’s financial statement audit. The course will cover the life cycle of the audit including accepting an audit engagement, evaluating entities’ internal control procedures, gathering and testing audit evidence, and preparing an opinion on a company's financial statements. Emphasizes the importance of critical thinking, problem solving, and professional judgment in auditing the financial accounting information of an entity.