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Advanced Auditing FMGT 7310

Financial Management Course

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International Fees

International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.

Course details

This course addresses issues and challenges faced by the auditing profession in today's environment including the impact of audit failures on the profession, auditor independence issues, assessment of risk on an audit and the ethical responsibilities of accountants. The course will focus extensively on problematic situations that auditors have dealt with in the past so that you can obtain a better understanding of how to approach similar situations in the future. Case studies will be used extensively and your communication skills will be developed through the extensive use of class discussions and delivery of group presentations.

Prerequisite(s)

Credits

3.0

Not offered this term
This course is not offered this term. Please check back next term or subscribe to receive notifications of future course offerings and other opportunities to learn more about this course and related programs.

Learning Outcomes

Upon successful completion, the student will be able to:

  • Analyze the environment surrounding an audit engagement including identifying the users of the financial statements and the potential legal exposure to the auditor.
  • Analyze the risk of material misstatement and the risk of fraud for a variety of audit engagement situations.
  • Explain how the Sarbanes-Oxley legislation impacts the accounting and auditing professions.
  • Provide meaningful and practical solutions that respond to users' needs.
  • Evaluate the appropriateness of audit evidence and assess whether sufficient, appropriate audit evidence has been obtained in a variety of situations.
  • Assess the ethical ramifications of decisions made by auditors and professional accountants.
  • Exercise professional judgment in situations encountered in an audit file.

Effective as of Winter 2017

Related Programs

Advanced Auditing (FMGT 7310) is offered as a part of the following programs:

  • Indicates programs accepting international students.
  • Indicates programs with a co-op option.

School of Business + Media

  1. Accounting
    Bachelor of Accounting Full-time/Part-time

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