ACCT 417 - Applied External Audit

Description
The Applied External Audit Course expands on topics introduced in the prerequisite External Audit course. This course assumes that students are familiar with the material related to the first two stages of an audit: acceptance/continuance and audit planning, and will focus on the last two stages of an audit: execution and reporting. Topics in the course include audit risk, materiality, internal controls, sampling methods, execution of substantive procedures in various cycles, consideration of fraud, and understanding various other assurance engagements. An application of knowledge will be done using computer assisted auditing techniques such as IDEA and CaseWare while using the CPA Handbook as a reference.

3 Credits

Time Guidelines
The standard instructional time for the day-time course offering is 45 hours. On campus evening/week-ends and fully online hours will vary.

Prerequisites

One of:
- ACCT 495
- ACCT 3010

Equivalents
ACCT 4117