The page uses Browser Access Keys to help with keyboard navigation. Click to learn moreSkip to Navigation

Different browsers use different keystrokes to activate accesskey shortcuts. Please reference the following list to use access keys on your system.

Alt and the accesskey, for Internet Explorer on Windows
Shift and Alt and the accesskey, for Firefox on Windows
Shift and Esc and the accesskey, for Windows or Mac
Ctrl and the accesskey, for the following browsers on a Mac: Internet Explorer 5.2, Safari 1.2, Firefox, Mozilla, Netscape 6+.

We use the following access keys on our gateway

n Skip to Navigation
k Accesskeys description
h Help
 

 

 
 
    Saint Mary's University of Minnesota
   
 
  Oct 16, 2017
 
 
    
2017-2018 SGPP Catalog and Handbook
[Add to Portfolio]

AC405 Auditing (3 cr.)

Prerequisite(s): AC300 
This course covers audit theory and practice. It emphasizes applying audit theories and procedures in the examination of a company’s financial statements by a certified public accountant. Auditing standards, professional ethics, legal responsibilities, and current auditing trends are discussed.

Upon completion of this course, students are expected to be able to do the following:

  1. Describe and apply auditing standards.
  2. Discuss the role of the auditor with regard to legal liability, ethics, and independence.
  3. Define internal control and distinguish the major components of internal control.
  4. Explain the relationship between evidence and audit risk and identify and explain the components of audit risk.
  5. Identify and apply audit methods and techniques used in practice today.
  6. Perform appropriate analytical procedures.
  7. Analyze various types of computer software and relate the importance to audit procedures.



[Add to Portfolio]