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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.

Prerequisite(s)

Credits

3.0

Cost

$586.54

Course offerings

Fall 2022

Below is one offering of FMGT 3310 for the Fall 2022 term.

CRN 30763

Duration

Thu Sep 08 - Thu Dec 01 (13 weeks)

  • 13 weeks
  • CRN 30763
  • $586.54
Class meeting times
Dates Days Times Locations
Sep 08 - Sep 29 Thu 18:30 - 21:30 Burnaby SE06 Rm. 204
Oct 06 Thu 18:30 - 21:30 Burnaby SE06 Rm. 205
Oct 13 - Dec 01 Thu 18:30 - 21:30 Burnaby SE06 Rm. 204
Instructor

Henry Honda

Course outline

View

Credits

3

Cost

$586.54

Important information
  1. 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 this page for other currently available offerings or subscribe to receive email updates.

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 SW01 Rm. 2030
Instructor

Nitasha Naicker

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

3

Cost

$586.54

Status

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

Course outline TBD — see Learning Outcomes in the interim.

Credits

3

Cost

$586.54

Status

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

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