BA 441
Auditing
Syllabus and Course
Schedule--Fall 1999
Instructor: Dr. Johnson, 259 Rockwell, 491-6126 direct, 491-5102 department
Office
hours: Monday, Wednesday:
Tuesday, Thursday:
other days and times
by appointment
Course
objectives: n To
introduce you to the environment, concepts, and procedures of financial
statement auditing with emphasis on the professional literature.
n To help you prepare for the CPA exam.
Texts: Required--Pany and Whittington,
Auditing, Irwin, 1997
Required--AICPA, Codification of Statements on
Auditing Standards, CCH
Required--A current or recent CPA review manual covering
the Auditing section of the CPA exam
Course
conduct: Lecture
/ discussion. I will discuss the
material from the assigned chapters, incorporating information from outside the
texts as appropriate. However, there
is no substitute for your out-of-class preparation: thoughtful reading of the
text and supporting professional pronouncements, backed up by self-review using
your CPA review manual.
Note
that auditing differs from most other accounting classes in terms of the nature
of the homework. There is almost no
"number-crunching" in an auditing class. You will learn the material primarily by reading
carefully and reflecting on what you have read. Your
interests will be best served by reading the assigned chapters before we
discuss them.
Pre-
requisites: BA 312, BA 350.
3 hour exams @ 100 pts
each .................................. 300
Audit report computer
research project1 ...................... 10
Written synopsis of JofA
article2 ................................ 15
Comprehensive final exam
........................................ 200
Total points possible ................................................ 525
1 Details of the assignment to be provided.
2 Summarize, in your own words, "The Future of
Audits," by Robert K. Elliott, Journal
of Accountancy, September 1994, pp. 74-82.
Exams missed due to
documented illness or your participation in official CSU functions will be made
up at a mutually convenient time at or near the end of the semester.
Suggestion: Make good use of the list of key terms found at the
back of each text chapter!
BA 441 Fall 1999 Course
Schedule
Au Code Sections in
boldface italics
|
Tuesday |
Thursday |
|
August 24 Welcome, introduction |
August 26 Ch 1: The Role
of the Auditor . . . "How to Use This Volume,"
100-Introduction, 110, 150, 201, 210,
220, 230, |
|
August 31 Ch 2 Professional
Standards 161, 317, 410, 411 (pars. 1-5 only) |
September 2 Ch 2, continued
/ Ch 4: Professional Ethics |
|
September 7 Ch 6 Audit
Evidence and Documentation 326, 329, 336, 339 |
September 9 Ch 6, continued |
|
September 14 Exam 1 |
September 16 Exam review |
|
September 21 Ch 7 Planning the
Audit . . . 310, 311, 312, 313, 315, 322 |
September 23 Ch 7, continued |
|
September 28 Library Day |
September 30 Ch 8 Internal Control
319 |
|
October 5 Ch 8, continued |
October 7 Ch 10 Audit
Sampling--Concepts and Techniques 350 |
|
October 12 Ch 10, continued / Ch
11 Audit Sampling--Applications for Substantive Testing (omit Module C, pp.
416-420) |
October 14 Audit Sampling Wrap-up and Review |
|
October 19 Exam 2 |
October 21 Exam Review / Ch 12
Revenue Cycle--Understanding and Testing Controls |
|
October 26 Ch 12, continued |
October 28 Ch 13 Revenue
Cycle--Substantive Tests |