ACC-573 Audit and Assurance
The primary focus of this course is the decision making process of the independent auditor in connection with the audit of management prepared financial statements and the audit of internal control over financial reporting. To this end, the course gives appropriate attention to planning the audit, establishing audit objectives, the risks associated with the audit, the nature and amount of evidence to be gathered, evaluation of evidence, and reporting. Other issues discussed include auditor's legal liability, impact of Sarbanes-Oxley legislation, and other assurance services provided by a certified public accountant.