Auditing I: Conceptual Foundations of Auditing

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 a

• Describe the independent auditing process and factors affecting audit demand
• Identify types of audit assertions and their impact on audit needs
• Define key steps in financial statement auditing
• Explain auditors’ professional and ethical responsibilities

• Basic knowledge of financial accounting principles