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Course details

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.






Course offerings

Fall 2023

Below is one offering of FMGT 3310 for the Fall 2023 term.

CRN 30763


Thu Sep 07 - Thu Nov 30 (13 weeks)

  • 13 weeks
  • CRN 30763
  • $600.42
Class meeting times
Dates Days Times Locations
Sep 07 - Nov 30 Thu 18:30 - 21:30 Burnaby SE06 Rm. 204

Henry Honda

Course outline







In Progress and Full

This course offering is in progress and full. Please check back next term or subscribe to receive email updates.

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:

School of Business + Media

  1. Accounting
    Diploma Part-time
  2. Financial Management (Professional Accounting Option)
    Certificate Part-time


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