Course Overview
This course discusses auditing principles and generally accepted auditing standards and introduces students to the underlying principles and concepts used by the auditing profession. Students study the purpose of the audit function and are introduced to techniques and procedures. Using a risk-based approach, the course focuses on the auditor's decision making process of assessing risk and tailoring the audit approach as a response to those risks.
Domestic fees
$623.20
International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Learning Outcomes
Upon successful completion of this course, students will be able to:
- Identify the components of an audit and explain the demand for audits.
- Examine the characteristics of quality control for financial statement audits and explain how quality control is monitored.
- Analyze a variety of situations to assess whether threats to independence exist.
- Identify the components of the audit risk model and assess the risk of material misstatement for a variety of audit engagements. Begin to assess the nature, extent and type of evidence required.
- Discuss the factors that need to be considered in planning the audit engagement and assess the appropriate materiality level for a given audit engagement.
- Describe the management assertions.
- Understand the primary objective of internal controls and begin to assess the adequacy of internal controls in a basic situation.
- Begin to apply professional judgement to a variety of audit situations.
Effective as of Fall 2014
Related Programs
Auditing 1 (FMGT 3310) is offered as a part of the following programs:
- Indicates programs accepting international students.
School of Business + Media
- Financial Management (Professional Accounting Option)
Certificate Part-time
Course Offerings
Spring/Summer 2026
Below is one offering of FMGT 3310 for the Spring/Summer 2026 term.
CRN 29856
Dates
Apr 13 - Jul 13 Loading
- CRN 29856
- $623.20 Domestic fees
Class meeting times
Duration
13 weeks
Instructor
TBD
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- Class WILL NOT be held on Monday, May 18th (Victoria Day). The following dates will be HELD IN-CLASS at the Downtown Campus and are MANDATORY: 1st class: Monday, April 13, 2026 (17:30 - 20:30) Mid-Term Exam: Monday, June 1, 2026 (17:30 - 20:30) and Final Exam: Monday, July 13, 2026 (17:30 - 20:30) This is not a self-paced course. You will be expected to be available and online on the posted days and times shown on your registration schedule. It is important you have a stable and consistent internet connection to access course content. The in-person dates/classes are required for students to attend, and have MANDATORY ATTENDANCE. Course content, type and quality of assignments, and general standards for this online course are the same as classroom courses. To be successful in this online course, plan to spend 7-10 hours per week on your studies, or more of it’s a condensed course, starting Week 1. Important course information will be sent to your myBCIT account prior to your course start date.
Confirmation
Required
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Status
If you have any questions about this course, please contact us.
Programs and courses are subject to change without notice. Find out more about BCIT course cancellations.