COMM 521 - Introductory Auditing

Includes the planning, processes (gathering evidence), and judgments required to render an opinion on an entity’s financial statements. Deals with evidence theory, risk identification, and professional judgment. Audit methodology is examined through a study of auditing standards and the concepts and procedures developed to implement those standards. Other topics include professional ethics, auditors’ liability, internal control assessment, audit program development, working papers, types of audit tests, and audit reports. (Y)

Prerequisites & Notes
Prerequisite: COMM 410 and 311.

Credits: 3