ACC/491 Contemporary Auditing I
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Course Description
This course is the first in a two-part series that deals with auditing a company 's financial reports, internal controls, and
Electronic Data Processing (EDP) systems. Topics include auditing standards, evidence, audit planning and documentation, materiality and risk, internal control, statistical tools, and the overall audit plan and program.
Course Dates
Nov 11, 2014 - Dec 15, 2014
Faculty Information
Name :
Email Address :
Alternate Email Address
Dwayne Thompson (PRIMARY) dwaynett@email.phoenix.edu Phone Number :
(678) 538-7276
Policies
Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents (both located on your student website):
• Academic Policies
University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality.
Get Ready for Class
• Familiarize yourself with the textbooks used in this course.
Course Materials
All electronic materials are available on your student website.
Nov, 11 - Nov, 17
Week1
Auditing and Assurance
Tasks
• Review the Week One Read Me First.
Objectives/Competencies
1.1 Explain the nature and functions of auditing.
1.2 Identify the organizations that affect the public accounting profession.
1.3 Compare and contrast auditing, attestation, and assurance service standards.
1.4 Describe the elements of Generally Accepted Auditing Standards.
1.5 Explain the Sarbanes-Oxley Act and its application to audits.
Required Learning Activities
• Modern Auditing, Ch. 1
• Modern Auditing (up to A Clean Bill of Health?), Ch. 2
• Modern Auditing, Ch. 4
• Modern Auditing (up through “Form and Document Conclusions”