AC 405 - Auditing

4.00 credits.

A study of auditing theory and standards, professional ethics, auditor’s legal liability, and the audit process. Students learn about risk assessment, internal control systems, audit evidence, working papers, quality control, statistical sampling, implications of computer-based systems to the audit process, and the preparation of audit reports. *Prerequisite(s): AC 310 or permission of instructor. Signature Learning Experience: Capstone.