MGT X429.24 - Auditing: Financial

Course Description

Examines auditing theory, principles, and practices as they apply to financial accounting, including governmental audit principles. You will cover:

• audit requirements and reporting standards
• preparing for an audit
• the purpose and use of audit results
• documentation, establishing and maintaining internal controls
• use of statistical methods in audits
• objective and subjective audit criteria
• ethics
• legal requirements and standards for warehousing and securing data

Learner Outcomes

• Understand the purpose and function of financial audits.

• Be able to interpret and explain audit materials and terminology.

• Analyze the professional responsibility of the audit and audit process.

• Understand Sarbanes/Oxley rules and standards.

Applies Towards the Following Certificates

• Accounting : Required
• Management. : Elective