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ACT302: Auditing

This course introduces students to audit theory and practice.Topics include an overview of the audit process, risk assessment, and evidence gathering and evaluation. Upon completion of this course, students should have a firm understanding of audit theory.


 

Audit Process

Audit Selection and Process
The audit process from Harvard University Financial Administration

Example of Audit Process
Outline of the audit process at Ohio University

Financial Statement Audit

From Pricewaterhouse Coopers


Evidence Gathering and Evaluation

Audit Evidence
ABREMA glossary of auditing terms

Audit Tests
Types, advantages, and disadvantages from Knowledgeleader.com

Fieldwork

From the University of Illinois' Audit Manual


Additional Sites of Interest

AccountingWeb.UK
United Kingdom accounting resources

Accounting.com
Accounting resources page

Accounting and Auditing Resources
From SmartPros Accounting

Accounting Glossary
Accounting terms from VentureLine.com (click on the letters of the alphabet to access)

Accounting Software 411

Accounting software news and information website

American Accounting Association
Professional accounting organization

American Institute of Certified Public Accountants
National professional association for CPAs

Association for Accounting Administration
Job openings and salary surveys

Basic Guide to Financial Management in Small For-Profit Businesses
Understand basic practices in financial management by Carter McNamara

Bloomberg, L.P.
Leading global provider of data, news, and analytics

Bnet
Business white papers, webcasts, and case studies

Business 2.0
Business news, technology news, and innovation

Business Week
Business news

CNN/Money
Business news from CNN and Money magazine

Calculator.com
Standard calculator as well as loan, mortgage, scientific, fraction, and others

Components of Financial Statements
Principles of accounting from AccountingInfo.com

The Economist
Online highlights of print business journal (Full text articles available through EbscoHost)

Entrepreneur
Solutions for growing businesses

Financial Accounting Standards Board

High quality financial reporting standards

Financial Times

Financial news

Forbes
Business and financial news

Fortune
Business and financial news

GAO: General Accounting Office
U.S. Government Accountability Office

Generally Accepted Accounting Principles (GAAP)
Bulletins, opinions, and accounting standards and concepts

IASB
International Accounting Standards Board

Journals: @Brint.com
Resources from business technology management and knowledge management

Management Accouting Quarterly
From the Institute of Management Accountants

Market Watch
Stock market news, commentary, and investor research

SmartBiz.com
Resources for small businesses

Smart Money
Investing, saving, and personal finance

United States Small Business Association
Resources for small businesses

Wall Street Journal
Business and stock market news

ZDNet
Business technology blogs

 

Risk Assessment

Internal Audit Risk Assessment
Explanation of risk assessment from Ohio University

Risk Assessment and Risk-Based Auditing
From the Federal Financial Institutions Examination Council


Textbook Companion Site

Essentials of Auditing and Assurance Services
Study guide, internet exercises, and "in the news" resources

 

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