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.
Credits
3.0
Cost
$586.54
Course offerings
Winter 2023
Below are two offerings of FMGT 3310 for the Winter 2023 term.
CRN 44437
Duration
Thu Jan 05 - Thu Mar 30 (13 weeks)
- 13 weeks
- CRN 44437
- $586.54
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 05 - Mar 30 | Thu | 18:30 - 21:30 | Burnaby |
Instructor
TBD
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
3
Cost
$586.54
Status
Cancelled
This course offering has been cancelled. Please check back next term or subscribe to receive email updates.
CRN 46085
Duration
Tue Jan 10 - Tue Apr 04 (13 weeks)
- 13 weeks
- CRN 46085
- $586.54
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 10 - Apr 04 | Tue | 18:30 - 21:30 | Burnaby SW01 Rm. 2030 |
Instructor
Henry Honda
Course outline
Credits
3
Cost
$586.54
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.
Status
In Progress
This course offering is in progress. 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
- Accounting
Diploma Full-time
- Accounting
Diploma Part-time
- Financial Management (Professional Accounting Option)
Certificate Part-time
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Programs and courses are subject to change without notice.