Online Class: Auditing For Today's Accounting Students
This class introduces a practical approach to auditing. It focuses on the systematic process to include the kind of teaching that students will come face-to-face with in the real world of auditing and at CPA firms.
The course discusses and gives everyone a good understanding of Generally Accepted Auditing Standards (GAAS). Students will walk through the audit process and discover the important, related, elements such as documenting a client s system of internal control, performing tests of compliance on those controls through statistical sampling and applying substantive test procedures to account balances.
Students will get a chance to review the process of flowcharting a system of internal control, referencing and using tick marks on audit workpapers and perform analytical review procedures.
They will also get a very good understanding of the different audit reports issued by the auditor including the standard unqualified opinion.
They will look at the important legal issues and professional ethics involved in the field of auditing.
The course is designed to give everyone a comprehensive look at the audit process. Students will not only look at the audit engagement, but will also learn of other services performed by CPA firms. After successfully completing this course, students should feel comfortable with the audit process and maybe in a situation to help other auditors in a CPA firm.
Either way students will be better prepared to pursue their studies in auditing and use the course as a step towards preparing for the uniform CPA examination.
Enroll today! This is a self-paced, online course. You have 6 months to finish.
An instructor will monitor your progress and assess your body of work at course completion. UniversalClass™ offers many wonderful learning tools
to help you get the most out of your online course, including an online portfolio service
that manages all your course completions.
This class has been officially reviewed by our Course Review Committee that scrutinizes course content and instructor participation. This course has received our Committee's highest rating: 4 stars.
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regarding this course, scroll down and fill out the "Request More Information"
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1.5 CEUs
Course Description
Special Offer!
$85.00 - $59.00 (only for a limited time)
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Enter this Promotional Code -- 101 -- when you enroll and you will only have to pay $59.00 for the course fee! That's a $26.00 savings. This is a limited time offer only, and will not be available after today, or after the enrollment quota is reached.
This course introduces a practical approach to auditing. It focuses on the systematic process to include the kind of teaching that students will face in the real world.
The course discusses and explains Generally Accepted Auditing Standards (GAAS). Students will walk through the audit process and discover the important elements, such as documenting a client's system of internal control, performing tests of compliance, and applying substantive test procedures to account balances. Students will review and learn about the process of flowcharting a system of internal control, referencing, statistical sampling, using tick marks on audit workpapers and performing analytical review procedures. They will also get a good understanding of the various audit reports issued by the auditor. Different legal issues and professional ethics in the field of auditing are also discussed.
The course is designed to give everyone a comprehensive look at the audit process. Students will not only look at the audit engagement, but will also learn of other services performed by CPA firms. After successfully completing this course, the student should feel comfortable with the audit process and maybe in a situation to help other auditors in a CPA firm. Moreover, understanding the audit process is a must for accounting students because they will broaden their overall view of accounting and develop a better appreciation for it. Those who are knowledgeable in auditing are more likely to obtain higher positions in a company because they will be able to communicate better with outside auditors. Either way students will be better prepared to pursue their studies in auditing and use the course as a step towards preparing for the uniform CPA examination, if they choose to be certified.
Principles Of Auditing is a course seeking to guide and motivate students to consider becoming an auditor as a lifetime career. Students will be faced with college-level material and will use the class as a tool to evaluate their skills.
1) What is this class about? This is an introductory course to auditing. It is designed to guide and motivate students to consider becoming Certified Public Accountants (CPAs).
2) Why should I take this course? Those who successfully complete the course will feel confident about his or her auditing skills and may want to continue down the path to becoming a CPA. The course also allows anyone to analyze their skills and decide whether or not this is the right field for them. After successful completion of the course, students will have a broader view of the auditing process and maybe qualified to perform minor services and assist auditors in a CPA firm. However it is highly recommended that the student continue his or her study in auditing either in college or through an accredited school.
3) Does this course require any previous education or experience? NO! The course is entry-level material and is suitable for anyone. However, those who have had some accounting experience or an introductory course to accounting will find the material easier to understand.
4) How does one complete this course?Besides regular class participation and doing the assignments, students will need to complete 4 end-of-lesson quizzes and obtain an overall minimum of 70% to successfully complete the course.
5) What is your specific grading policy? There will be a total of 4 end-of-lesson quizzes. The assignments will count towards your final grade as part of class participation. They will be graded by the instructor on a judgmental basis. Students will need an overall minimum of 70% to complete the course. The quizzes will be in the form of multiple choices, true/false, fill-in the blanks and essay-type questions. These will add up to 100%. The assignments are designed for research and to give students links for finding additional material on the subject matter.
6) Am I allowed to retake the quizzes and the final? No. The material has been carefully organized to give students a good understanding of the basic auditing principles. Though the quizzes are challenging, they are designed to get students thinking about the CPA exam. The questions on the CPA examination have a great deal of difficulty; so students are encouraged to do their best if they decide to go down that path.
7) What will I get for successfully completing this course? Upon successful completion of the course, you will have the option of buying the following certificates and letters:- Attendance- Class participation- Appreciation- Merit- Outstanding achievement- Academic excellence- Letter of reference.
This course offers 1.5 CEUs upon successful completion. You may take this
online course with or without CEU documentation. An online and hard-copy Certificate of Course Completion displaying your coursework and
CEUs earned is included with the CEU Option. We also offer an expedited Transcript Service for sending your accomplishments to a third party.
Course Lessons
Optional Certificates Awarded
Certificate of Attendance
Certificate of Class Participation
Certificate of Appreciation
Certificate of Merit
Certificate of Outstanding Achievement
Certificate of Academic Excellence
Certificates awarded by the instructor will vary and are based upon student merit.
Any awards you earn are considered unofficial (or temporary) unless you decide to make the award official.
To make an award official, there is a $30.00 processing fee that covers the customization, printing, and shipping of a hard copy of the certificate as well as access to the UniversalClass™ Transcript Service.
Official awards include a serial number that verifies the authenticity of the award you earned for a lifetime (great for employers
to verify your achievement).