3007-Rydel-Natalia.pdf - BUSI 3007 R Auditing I Winter 2019...

This preview shows page 1 - 3 out of 13 pages.

1 BUSI 3007 R Auditing I Winter 2019 Part 1: Administrative Professor: Natalia Rydel, CPA, CA E-Mail: [email protected] Office hours: Online or by appointment (Please contact me via e-mail to set up an appointment) Prerequisites: Third year standing and BUSI 2002. The School of Business enforces all prerequisites. Calendar Description: BUSI 3007 [0.5 credit] Auditing theory, methodology and application. Precludes additional credit for BUSI 4007 (no longer offered). Prerequisite(s): third-year standing and BUSI 2002 . Required Texts: 1. Auditing: The Art and Science of Assurance Engagements, Canadian 14 th edition, Pearson, Arens, Elder, Beasley, Jones 2. The CPA Canada Handbook Assurance online through Carleton Library &q=cpa%20canada%20handbook 3. The CPA Ontario Code of Professional Conduct - conduct.pdf If you are taking the course by distance and need to have the Carleton Bookstore send you a copy of the book, you can order the book online at Grading Scheme (see detailed schedule beginning on page 7 for due dates): Online Quizzes (2 x 5%) 10% Posts to Discussion Forum (2 x 2.5%) 5% Mid-term Examination 20% Group Project Part 1 5% Part 2 5% Part 3 5% Part 4 15% Total Group Project (Parts 1 4) 30% Final Examination 35% 100% Satisfactory In-term Performance The requirement for Satisfactory In-term Performance is set at 50% of all, not each, term work (i.e. quizzes, midterm examinations, group work, etc.). Note, however, that Satisfactory In-term Performance of 50%
Image of page 1

Subscribe to view the full document.

2 may not be sufficient to permit registration in advanced courses in the accounting program and may not be sufficient to be recognized by professional accrediting bodies. Part II: Academic Course Description The course begins with an examination of the principles and theory which underlie the practice of auditing financial statements. In particular, concepts of management assertions, audit objectives, evidence, materiality and risk, internal control, audit planning, and reporting are examined and discussed. The course also examines auditing as a professional activity, including topics such as professional judgement, ethics, legal liability, and the responsibilities of auditors to society. Other assurance engagements are also addressed. Course Learning Outcomes: By the end of this course students will be able to: 1. Explain the audit process. 2. Assess risk and materiality. 3. Demonstrate audit procedures appropriate to a set of circumstances. 4. Evaluate the audit report. 5. Apply professional standards, including to ethical issues and legal situations. 6. Compare financial statement audits and other assurance engagements.
Image of page 2
Image of page 3
You've reached the end of this preview.
  • Fall '15
  • Bujaki
  • Academia, Auditor's report