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.
This course addresses issues and challenges faced by the auditing profession in today's environment including the impact of audit failures on the profession, auditor independence issues, assessment of risk on an audit and the ethical responsibilities of accountants. The course will focus extensively on problematic situations that auditors have dealt with in the past so that you can obtain a better understanding of how to approach similar situations in the future. Case studies will be used extensively and your communication skills will be developed through the extensive use of class discussions and delivery of group presentations.
This class will be held virtually, with the exception of mandatory in person exams. This is a synchronous course, so students must be available to attend remotely through Zoom at the scheduled class times. Students must have a webcam and microphone. Exams will be held during class times IN PERSON at the Burnaby Campus. Specific exam dates are as follows: Midterm Exam: October 26, 2021 at 6:00 pm Final Exam: December 7, 2021 at 6:00 pm This is a degree level courses reserved only for those who have been formally accepted into the Bachelor of Accounting program. If you have an inquiry regarding this course, please contact Bachelor_accounting@bcit.ca.
This course offering is in progress. Please check back next term or subscribe to receive email updates.
Upon successful completion, the student will be able to:
Analyze the environment surrounding an audit engagement including identifying the users of the financial statements and the potential legal exposure to the auditor.
Analyze the risk of material misstatement and the risk of fraud for a variety of audit engagement situations.
Explain how the Sarbanes-Oxley legislation impacts the accounting and auditing professions.
Provide meaningful and practical solutions that respond to users' needs.
Evaluate the appropriateness of audit evidence and assess whether sufficient, appropriate audit evidence has been obtained in a variety of situations.
Assess the ethical ramifications of decisions made by auditors and professional accountants.
Exercise professional judgment in situations encountered in an audit file.
Effective as of Winter 2017
FMGT 7310 is offered as a part of the following programs:
School of Business + Media
Accounting Full-time/Part-time Bachelor of Accounting
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