ACCT 622 Advanced Auditing

The new CPA Examination spends more time (4½ hours) on Auditing than on any other topic. In addition, the Exam spends 1½ hours on Regulations (Securities and Exchange Commission; PCAOB). In order to perform well on the CPA Exam and to gain perspective on historic events leading to auditing as currently practiced, an auditing course at the Master’s level is needed.

Textbook readings and presentations

No details available.

Course Requirements Checklist

After reading the Course Syllabus and Student Expectations, the student will complete the related checklist found in the Course Overview

Discussions (2)

Discussions are collaborative learning experiences. Therefore, the student will respond to 2 distinct discussions within the course.

Discussion Thread: Impact of Auditing:

The student will critically analyze and discuss the importance and impact of the auditing profession. The student will post 1 thread between 500 to 750 words, and will utilize at least 3 professional references as support. The student will then reply to 2 classmates’ threads. Each reply must be between 250 to 500 words and must utilize at least 2 professional references as support. All references must be cited in current APA format.

Discussion Thread: Course Wrap-Up:

The student will post 1 thread of 300 to 500 words reflecting on what he or she has learned in the course. The student must then reply to 1 classmate’s thread with a reply thread of 100 to 250 words. References are not required. Any references utilized must be cited in current APA format.

Case Analysis Assignments (4)

The student will complete a 4 Case Analysis Assignments to demonstrate the student’s understanding of auditing concepts. The student will choose a case from the listed section of the course textbook to further analyze. The analysis should include the following components: summary of the case, response to case questions, and a statement of biblical worldview. The analysis should be at least 1,500 words, utilize at least 5 professional resources and at least 1 Bible verse, and follow current APA formatting guidelines. 

Client Acceptance Analysis Assignment

The student will complete a Client Acceptance Analysis Assignment. The student will select a United States company and will assess if the company is a good candidate to become an audit client for an accounting firm. Through detailed analysis, the student will assess the company’s risks and present a case on whether the organization should be accepted as a prospective audit client. The analysis should include the following components: company introduction, independent status of the board, audit committee, SEC 8-K, company’s key ratios, competitor’s key ratios, comparison based on ratios, and an audit risk summary and conclusion. The analysis should be a minimum of 1,500 words, utilize at least 7 resources, and follow current APA formatting guidelines.