This course provides a comprehensive introduction to auditing principles, standards, and practices, with a focus on preparing students for the Auditing and Attestation (AUD) section of the CPA Exam. Students will explore the ethical and professional responsibilities of auditors, risk assessment, internal controls, audit evidence, and reporting. Emphasis is placed on developing critical thinking, analytical reasoning, and professional judgment skills. This class may include students from multiple sections.
Must be seeking a Bachelor of Applied Science in Management degree to enroll. If interested, visit pencol.edu/bas.
Prerequisites
Accounting Management BAS Programs Admittance
Course Outcomes
- Explain the ethical and professional responsibilities of auditors in accordance with applicable standards.
- Analyze client environments and internal control systems to assess audit risk and determine appropriate audit strategies.
- Apply auditing standards and procedures to design and perform audit tests for various financial statement assertions.
- Evaluate audit evidence and documentation to form conclusions and support audit opinions.
- Interpret and prepare audit reports and other attestation communications in compliance with professional standards.
- Use professional judgment and skepticism in identifying potential misstatements and responding to audit findings.
- Communicate audit findings and recommendations effectively through written and oral presentations.