AUDITING SYLLABUS

发布时间:2022-05-09浏览次数:668

  

AUDITING SYLLABUS, Spring 2016


Lecturer: Aaron WangTime: 6:30 p.m. - 8:20 p.m. Mon. /Thurs.

Email: awang1205@163.com Phone: 1377 0718 515


COURSE OBJECTIVES

  

At the end of the semester, you will have a better understanding of the following:

1. The importance of auditing and other assurance services to the global economy.

2. The crucial role of auditing in effective corporate governance.

3. Auditor independence and ethical responsibilities.

4. The risk-based approach to auditing and the many types of risk faced by auditors.

5. The need to gather sufficient, competent audit evidence.

6. Internal controls and the integrated audit.

7. The basics of audit sampling, emphasizing sampling to test internal controls.

8. The basic framework for auditing a company's revenue and purchasing cycles.

9. Audit considerations for long-term assets, related entity transactions, mergers and acquisitions.

10. Reporting audit findings.

  

COURSE MATERIALS

Book (optional): Auditing and Assurance Services: An Integrated Approach, (14th Edition), by Alvin A Arens, Randal J Elder & Mark S Beasley.

  

Course Packet (required): Syllabus; Class Notes; Cases.

  

CASE STUDY PREPARATION

To refine your writing skills and your ability to deal with more realistic and less structured problems in auditing, there will be three case exercises based on real-world examples that have been adapted for teaching purposes. To be effective all cases require you to prepare carefully before class (read the case according to the questions) and participate fully in class.

  

GRADES

Group Presentation (One)30%

Final Examination60%

Class Participation10%

100%


COURSE SCHEDULE

  

Date*

Topic

Mar.07,   2016

Topic   1 - Introduction and overview of audit and assurance

Mar.10,   2016

Topic   2 - Ethics, legal liability and client acceptance

Mar.14,   2016

Topic   3 - Risk assessment I

Mar.17,   2016

Topic   4 - Risk assessment II

Mar.21,   2016

Topic   5 - Audit evidence

Mar.24,   2016

Topic   6 - Gaining an understanding of the client’s system of internal controls

Mar.28,   2016

Topic   7 - Sampling and overview of the risk response phase of the audit

Mar.31,   2016

Topic   8 - Execution of the audit — testing of controls

Apr.04,   2016

No   Class (Holiday)

Apr.07,   2016

Topic   9 - Execution of the audit — performing substantive procedures

Apr.11,   2016

Case   Discussion: LaramieWire Manufacturing

Apr.14,   2016

Case   Discussion: Burlingham Bees

Apr.18,   2016

Topic   10 - Substantive testing and balance sheet accounts

Apr.21,   2016

Topic   10 - Substantive testing and balance sheet accounts

Apr.25,   2016

Topic   11 - Substantive testing and income statement accounts

May   02, 2016

No   Class (Holiday)

May   09, 2016

Topic   11 - Substantive testing and income statement accounts

May   16, 2016

Topic   12 - Completing and reporting on the audit

May   23, 2016

Case   Preparation

May   30, 2016

**Group   Presentation: Société Générale

Jun.06,   2016

Final   Examination

  

* The dates may be subject to change.

** Please send me your presentation slides before the class