AC 460 Advanced Auditing
Timely real-world auditing cases, readings, and computerized management information systems are thoroughly analyzed. This course provides a detailed examination of audit sampling and internal control. Students will learn to apply audit sampling to the audit of sales, cash receipts and accounts receivable. Concepts and postulates with respect to the effects of information technology on the audit process are covered in depth. Key areas of potential computer risk are identified, including Operations, Data Management, Systems Development, System Maintenance, Electronic Commerce, and Computer Operations. The issues most relevant to the auditor's assurance responsibilities in each of these risk areas are developed. A fully functional version of the leading general audit software on the market, Audit Command Language (ACL), is used in the course to provide students with hands- on audit experience.
Corequisite
AC 480