British Columbia Institute of


FMGT 3310 - Auditing 1

Financial Management Part-time Studies Course

School of Business

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.


FMGT 2100 or FMGT 2105





Winter 2020

Below are two offerings of this course for the Winter 2020 term.

CRN 46085

Mon Jan 06 - Mon Apr 06 13 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 06 - Apr 06 Mon 18:00 - 21:00 BBY SW01 Rm. 2030


Henry Honda

Course Outline




  1. Class WILL NOT be held Monday, Feb. 17th (Family Day)

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

In Progress

CRN 44437

Thu Jan 09 - Thu Apr 02 13 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 09 - Apr 02 Thu 18:30 - 21:30 BBY SW03 Rm. 4785


Maryam Khan

Course Outline



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

In Progress

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

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

Books & Supplies

The BCIT bookstore carries textbooks, general reference books, software, and stationery. Please visit for more information.

Winter 2020

Books for Winter 2020 offerings of this course are available in the following BCIT online bookstores. Please choose the bookstore appropriate for the offering you are considering.

BCIT Burnaby Bookstore

If you are taking this course, but are not taking it through either Distance Education or Online Learning, nor at the BCIT Downtown Campus (DTC), please purchase books for this course at the BCIT Burnaby Bookstore.

Auditing: A Practical Approach, 3Rd Cdn Ed./ Loose-Leaf + Wileyplus
Author Moroney
Copyright 2018
Binding Kit/Set/Package
ISBN 978-1-11941-012-6
Price $164.95
Choose One

Image not available
Cei Digital: Auditing: A Practical Approach, 3Rd Ce W Wileyplus
Author Moroney
Copyright 2018
Binding Digital Version
ISBN 978-1-11940-279-4
Price $90.00
Choose One


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Contact Information

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English Language Proficiency

BCIT's Part-time Studies English Language Proficiency Standard is English 12 (or equivalency). Students who do not meet this requirement should upgrade their English skills prior to any future registration.

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Registration News

Registration is currently open for the Winter 2020 term.

The sneak preview for the Spring/Summer 2020 term starts Fri, Feb 14 at 8:30 am (PST).

Students may register for Spring/Summer 2020 term courses online, by phone, mail or in-person starting Wed, Feb 19 at 9:00 am (PST).

Classroom Locations

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

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