Syllabus
BUS 420 Auditing – Fall 2012
Instructor: John O’Shaughnessy
E-mail – jjoshaughnessy2@usfca.edu
WebPage - refer to Blackboard site - http://blackboard.usfca.edu/
Office Hours: Mondays and Wednesdays 1:00 – 2:00 pm in Malloy Adjunct Lounge
Class Meeting: Mondays and Wednesdays, beginning August 22, 2012 (4:45 to 6:25 pm) Harney Science Center 514
Required text: Principles of Auditing, 18th Ed. by Whittington and Pany, published by McGraw-Hill
Purpose of the Course:
The purpose of this course is to understand the objectives and responsibilities of the independent accountant in the examination of financial statements. This will include the audit process, legal and ethical issues in auditing, planning the audit, the study and evaluation of internal controls, designing audit programs, and preparing the audit report.
Grading:
Homework 100 **
Class Participation and Attendance 100
Examination 1 250
Examination 2 250
Final Examination 300 Total 1,000 points
** The total possible points earned during the semester by a student will probably not add up to points stated above so it will be necessary to normalize the points of this category to 100 points. For instance, if your total possible score for homework adds to 85 points for the semester, the points that you have earned will become a percentage of 85 points which, in turn, will be multiplied by the 100 points needed for grading. For instance if you were to accumulate 85 points for homework assignments and quizzes, you will receive 100 points toward your final grade (85 earned points / 85 possible points) X 100 = 100.
Your final grade will be based upon points earned during the semester:
950 -1000 points A
900 - 949 A-
870 – 899 B+
840 – 869 B
800 – 839 B-
770 - 799 C+
740 - 769 C
700 - 739 D+
640 – 669 D
600 - 639 D-
Below 600 F
Midterms and Final:
Instructor: John O’Shaughnessy
E-mail – jjoshaughnessy2@usfca.edu
WebPage - refer to Blackboard site - http://blackboard.usfca.edu/
Office Hours: Mondays and Wednesdays 1:00 – 2:00 pm in Malloy Adjunct Lounge
Class Meeting: Mondays and Wednesdays, beginning August 22, 2012 (4:45 to 6:25 pm) Harney Science Center 514
Required text: Principles of Auditing, 18th Ed. by Whittington and Pany, published by McGraw-Hill
Purpose of the Course:
The purpose of this course is to understand the objectives and responsibilities of the independent accountant in the examination of financial statements. This will include the audit process, legal and ethical issues in auditing, planning the audit, the study and evaluation of internal controls, designing audit programs, and preparing the audit report.
Grading:
Homework 100 **
Class Participation and Attendance 100
Examination 1 250
Examination 2 250
Final Examination 300 Total 1,000 points
** The total possible points earned during the semester by a student will probably not add up to points stated above so it will be necessary to normalize the points of this category to 100 points. For instance, if your total possible score for homework adds to 85 points for the semester, the points that you have earned will become a percentage of 85 points which, in turn, will be multiplied by the 100 points needed for grading. For instance if you were to accumulate 85 points for homework assignments and quizzes, you will receive 100 points toward your final grade (85 earned points / 85 possible points) X 100 = 100.
Your final grade will be based upon points earned during the semester:
950 -1000 points A
900 - 949 A-
870 – 899 B+
840 – 869 B
800 – 839 B-
770 - 799 C+
740 - 769 C
700 - 739 D+
640 – 669 D
600 - 639 D-
Below 600 F
Midterms and Final: