Advanced Financial Statement Auditing
Accounting methodology, professional auditing standards, and current issues.
ACC
530
 Hours3.0 Credit, 3.0 Lecture, 0.0 Lab
 PrerequisitesAdmission to MAcc; Acc 515 or equivalent.
 TaughtFall
Course Outcomes: 


Learning Outcomes

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.

Learning Outcomes

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

Learning Outcomes

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

Learning Outcomes

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

Learning Outcomes

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

Learning Outcomes

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

Learning Outcomes

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

Learning Outcomes

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