(3 units). Definition of auditing. Concepts of management assertions, audit objectives, evidence, materiality and risk, internal control, audit planning, and reporting as applied to financial statements. Professional ethics, legal liability, and the responsibilities of auditors to society are also addressed. Course Component: Lecture Prerequisite or Corequisite: ADM 3340.
(3 units). Definition of auditing. Concepts of management assertions, audit objectives, evidence, materiality and risk, internal control, audit planning, and reporting as applied to financial statements. Professional ethics, legal liability, and the responsibilities of auditors to society are also addressed. Course Component: Lecture Prerequisite or Corequisite: ADM 3340.
