Auditing of Financial Statements

This course is designed to provide knowledge about the theory and practice of financial statement auditing. Auditing is an assurance service used to provide better quality information to an organization's various decision-makers. This course will provide knowledge about the judgments commonly made by auditors when issuing an audit report, and how external audits provide the credibility necessary for financial statements to add value in the capital markets.

Course Learning Outcomes

• Describe the facts, frameworks, and theories used in completing an audit.

• Apply technical knowledge to analyze data and answer questions about financial statement information.

• Discuss the values that a licensed auditor must possess.

• Detail the steps and tasks necessary to complete an audit.

• Contrast independence, objectivity, professional skepticism, and ethical behavior when conducting a high-quality audit.