Oct 06, 2024  
ARCHIVED 2022-23 Undergraduate Catalog 
    
ARCHIVED 2022-23 Undergraduate Catalog [ARCHIVED CATALOG]

ACC 427 - Auditing (3)

Prerequisite: ACC 232  with a C- or higher, or permission.
This course is a study of the basic concepts underlying an audit of financial statements and how to apply those concepts to an audit. Upon completion of this course, students will be able to:

  • Demonstrate an understanding of the purpose of an audit and the value an audit provides
  • Define, identify and describe the three concepts that underlie the audit process
  • Apply the concepts of materiality, audit risk and evidence to the audit
  • Describe required audit reports and other assurance services