FOUNDATIONS OF AUDITING
Audit and assurance services are vital to ensuring that organizations, their stakeholders, and the public can rely on organizations' financial information. Focus is on financial statement audits and their role in corporate governance and oversight. Emphasizes the components of the audit process with application to key financial accounting cycles and related internal controls. Also covers the professional role of public accountants and professional standards, norms and ethics.
Prerequisites & course information
Requisites: ACCT I S 301 , 701 , or declared in the Business Exchange program Repeatable for Credit: No Last Taught: Fall 2026 Learning Outcomes: 1. Describe the components to a high-quality audit process. Audience: Undergraduate 2. Apply a high-quality audit process to key accounting cycles and related internal controls in a financial statement audit. Audience: Undergraduate 3. Explain the value of a financial statement audit to a firm’s stakeholders and role of auditor independence, skepticism, audit standards, and ethics to delivering that value. Audience: Undergraduate 4. Implement solutions to audit problems as an effective member of a team while developing your current and future professional network. Audience: Undergraduate Learning Outcomes: 1. Describe the components to a high-quality audit process. Audience: Undergraduate 2. Apply a high-quality audit process to key accounting cycles and related internal controls in a financial statement audit. Audience: Undergraduate 3. Explain the value of a financial statement audit to a firm’s stakeholders and role of auditor independence, skepticism, audit standards, and ethics to delivering that value. Audience: Undergraduate 4. Implement solutions to audit problems as an effective member of a team while developing your current and future professional network. Audience: Undergraduate
Sources
- Course catalogue ↗2026-2027