Auditing I: Conceptual Foundations of Auditing

Instructor: Mark E. Peecher, PhD, CPA

What you'll learn

  •   Describe the independent auditing process and what drives the demand for and supply of audits.
  •   Identify the different types of audit assertions and understand how the nature of assertions affects the demand for independent audits.
  •   Define the key steps of financial-statement auditing.
  •   Describe an auditors’ professional and ethical responsibilities.
  • Skills you'll gain

  •   Internal Controls
  •   Ethical Standards And Conduct
  •   Business Ethics
  •   Auditors Report
  •   Audit Planning
  •   Financial Reporting
  •   External Auditing
  •   Financial Statements
  •   Quality Assessment
  •   Financial Auditing
  •   Risk Analysis
  •   Generally Accepted Auditing Standards
  •   Auditing
  •   Certified Public Accountant
  • There are 9 modules in this course

    This course provides an intensive conceptual and applied introduction to auditing in society. It focuses on concepts and applications related to financial-statement auditors’ professional responsibilities as well as major facets of the audit process including risk assessment and audit reporting. In the U.S. financial-statement audits and related services generally are provided by Certified Public Accountants (CPAs). To succeed in this course, you should anticipate engaging in critical thinking and thoughtful communication about audit professionals' decision environments, decision processes, and deliverables. Additionally, you should understand the macro-level learning objectives in each of the course's weekly modules.

    MODULE 1: Auditing is a Form of Assurance

    MODULE 2: The Demand for High Quality Auditing

    MODULE 3: Audit Risk and Materiality

    MODULE 4: The Value of Audits

    MODULE 5: Financial Statement Auditing

    MODULE 6: Audit Assertions

    MODULE 7: Auditor's Professional & Ethical Responsibilities

    MODULE 8: Audit Quality

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