2021 - 2022 College Catalog 
    Oct 20, 2021  
2021 - 2022 College Catalog

ACCT 400 - Auditing Class

Credit Hours: 3
Lecture Hours: 3
Laboratory Hours: 0

Prerequisite(s): Grade of C or better in ACCT 220  or permission of the instructor

Restriction(s): None

Corequisite(s): None

This course is designed to provide the student with a basic understanding of all aspects of auditing. These include accepting and planning the audit, evaluating internal controls, verifying account balances and financial statement assertions, reporting on audited financial statements, as well as auditing standards, and the legal liabilities and professional and personal ethical responsibilities of auditors.

Student Learning Outcomes of the Course:
  1. Define and display the proper usage of audit specific terminology.
  2. Demonstrate proper audit techniques for each of the significant balance sheet areas.
  3. Differentiate between different types of assurance services and their appropriate usage.
  4. Assess the different types of risk, identify weaknesses in internal control, and offer suggestions for remediation.
  5. Select and perform appropriate audit procedures for major auditable areas