Method and Practice of auditing & Computerized Audit (4 Credits)

Learning Outcomes:

Prepare audit working paper, performing audit testing and preparing audit report and summary of audit adjustment, Perform control testing procedure and substantive audit procedures manually and using CAATSs; Perform data analysis operation using features of Audit Command Language (ACL); Identify business process, general controls, application controls and financial fraud issues in computer based accounting systems

Topics:

1. Audit planning and engagement letter
2. Preparing audit program
3. Preparing audit working papers
4. Performing control testing and substantive testing
5. Preparing summary of audit adjustment and drafting audit report using CAATs