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ACCTG 456

Assurance on Financial Information

3 units

Fall 2026

Topics

  • Read and interprets the auditor’s report and identify understand the variations on the auditor’s report
  • Understand the basic management assertions and explain the auditor’s use of those assertions
  • Explain the audit approach and overview of the audit process
  • Demonstrate the ability to select and recommend different forms of audit evidence
  • Describe and assess different forms of audit risk
  • Understand how to calculate and explain materiality
  • Identify and explain independence and ethical issues in an audit environment
  • Describe the audit planning process and make basic audit planning decisions
  • Understand, describe and identify internal controls; make internal control recommendations and identify weaknesses
  • Explain and select appropriate substantive audit procedures
  • Demonstrate understanding audit sampling techniques

Readings

  • Moroney, Auditing: A Practical Approach (4th Edition)
    recommended
Sources