Use auditing concepts and variables (e.g., client acceptance, risk assessment, materiality, understanding and testing of internal controls, analytical procedures, substantive audit testing, documentation of evidence, and completing an audit engagement) to make audit planning, testing, and evaluation decisions.

Apply auditing and assurance concepts to real-world case studies.

Apply statistical sampling concepts to auditing tests of controls, transactions, and balances.

Demonstrate basic proficiency with an auditing software package that is widely used in practice.

Collaborate in teams to solve problems and present findings in both written and oral forms.

Examine issues currently facing the profession (e.g., regulation, new standards, fair value, legal liability, independence, competition, new services)

Examine characteristics of good professional judgment as well as common threats to good judgment.

Deliberate on the spiritual and ethical implications of dilemmas faced by accounting professionals.