British Columbia Institute of Technologywww.bcit.ca/study/courses/fmgt3310

Important Notice: COVID-19 Institute response

BCIT

FMGT 3310 - Auditing 1

Financial Management Part-time Studies Course

School of Business + Media

BCIT is planning for a substantial return to on-campus activity for the fall 2021 term as informed by BC Public Health Officer guidelines. Refer to each course listing for details.

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)

FMGT 2100 or FMGT 2105

Credits

3.0

Cost

$573.81

Fall 2021

Below are two offerings of this course for the Fall 2021 term.

CRN 31399

Tue Sep 07 - Tue Nov 30 13 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 07 - Nov 30 Tue 18:30 - 21:30 BBY

Instructor

TBD

Course Outline

Cost

$573.81

Notes

  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

This course offering has been cancelled. Please check this page for other currently available offerings or subscribe to receive email updates.

Cancelled

CRN 30763

Thu Sep 09 - Thu Dec 09 13 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 09 - Dec 09 Thu 18:30 - 21:30 BBY SE06 Rm. 204

Instructor

Henry Honda

Course Outline

Cost

$573.81

Notes

  1. Class WILL NOT be held on September 30th (National Day for Truth and Reconciliation) & Thursday, November 11th (Remembrance Day).
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.

In Progress

Winter 2022

Below are two offerings of this course for the Winter 2022 term.

CRN 44437

Thu Jan 06 - Thu Mar 31 13 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 06 - Mar 31 Thu 18:30 - 21:30 Online

Instructor

Shannon Wong

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$573.81

Notes

  1. Internet delivery format.
  2. The following dates will be HELD IN-CLASS at the Burnaby Campus: Quiz 1: January 27th Midterm: February 17th Quiz 2: March 10th Final: March 31st 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. 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.

A portion of seats are temporarily held for domestic students. International students: this may impact your ability to register. Learn why.

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This section is only available for registration starting Wed, Oct 27 at 9:00 am (PDT)

Sneak Preview

CRN 46085

Mon Jan 10 - Mon Apr 11 13 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 10 - Apr 11 Mon 18:00 - 21:00 Online

Instructor

Henry Honda

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$573.81

Notes

  1. Internet delivery format.
  2. EXAMS WILL BE HELD IN-CLASS AT THE BURNABY CAMPUS. THESE WILL BE HOSTED ON A SCHEDULED MONDAY. THE SPECIFIC DATES FOR THESE ARE TO BE ANNOUNCED. 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. 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. Class WILL NOT be held Monday, Feb. 21st (Family Day)

A portion of seats are temporarily held for domestic students. International students: this may impact your ability to register. Learn why.

}

This section is only available for registration starting Wed, Oct 27 at 9:00 am (PDT)

Sneak Preview

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

FMGT 3310 is offered as a part of the following programs:

School of Business + Media

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

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Registration News

Registration is currently open for the Fall 2021 term.

A sneak preview of Winter 2022 term courses is also now available here.

Students may register for Winter 2022 term courses online or by phone starting Wed, Oct 27 at 9:00 am (PDT).

Classroom Locations

Classroom locations are subject to last minute changes. Please check the Part-time Studies Classroom Locations listing at www.bcit.ca/rooms on the first day of any course you are registered for.

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