ACC 440 – Auditing Concepts
Tuesday & Thursday 2:00-3:15pm, Bryan 104
Instructor: Ambrose Jones III, PhD, CPA
Office: Room 326
Email: firstname.lastname@example.org (Please use this as the first means to contact me).
Mobile phone: 336.509.1223
Office hours: Monday, Tuesday and Wednesday (5:30 – 6:30pm), by appointment, or whenever you see me around campus or in my office. I will tell you if I am already committed for the time.
Auditing and Assurance Services: An integrated approach, 15th edition, by Arens, Elder and Beasley (ISBN No. 978013312563-4) – hard cover or electronic through MyAccountingLab. Course ID jonesiii08797.
Integrated Audit Practice Case, 6th edition, by Kerr, Elder & Arens (ISBN No. 9780912503561)
COURSE OBJECTIVES – to help you:
1. Understand basic auditing concepts: risk identification and containment; client acceptance & continuance, sampling, controls evaluation & testing, substantive testing.
2. Think critically about auditing with a business perspective.
3. Understand the role of auditing in business organizations and in the economy as a whole.
4. Learn about how public accounting firms operate and how quality control procedures are applied.
5. Apply generally accepted auditing standards – the course will emphasize how to identify issues and to research solutions.
6. Understand the AICPA Code of Professional Conduct and its application to ethics in the auditing profession.
7. Gain a basic understanding of other assurance services, including the auditor’s role in sustainability initiatives (e.g. corporate social responsibility reporting).
8. To help you to develop as a professional – this includes proper classroom conduct and participation. You might think of this as preparation for the real world of working with colleagues, clients and customers. Your reputation is always at stake and how you act as a professional will have dramatic impact