ACT 490 - CUE: Auditing & Assurance Services

Course unit(s): 1
Prerequisite(s): ACT 322, 323 - Intermediate Accounting II
This course is the Culminating Undergraduate Experience in accounting. As such, it integrates concepts and skills from earlier coursework in the major and focuses on the theory, environment, and practice of auditing and assurance services as performed primarily by public accountants, but also by internal auditors. Topics include audit planning and risk assessment, including evaluation of internal controls; collection, analysis and evaluation of audit evidence; auditing procedures, tests, and documentation, including sampling techniques; required disclosures and reports; professional standards and ethics; legal obligations of auditors; and corporate governance. Students will also analyze auditing situations through case studies, which utilize a broad base of knowledge and will culminate in both written reports and oral presentations.