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BCIT

FMGT 7310 - Advanced Auditing

Financial Management Part-time Studies Course

School of Business

Course 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.

Prerequisite(s)

Completion of FMGT 3310 and FMGT 4310 with a minimum average grade of 65%

Credits

3.0

Cost

$777.65

Winter 2019

Below is one offering of this course for the Winter 2019 term.

CRN 19901

Wed Jan 09 - Wed Apr 10 13 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 09 - Apr 10 Wed 18:00 - 21:30 BBY SE06 Rm. 109

Instructor

Jennifer Kerr

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$777.65

Notes

  1. Departmental approval needed
  2. THIS IS A DEGREE LEVEL COURSE FOR THE BACHELOR OF ACCOUNTING. Please note the following registration guidelines: 1) Acceptance into the Bachelor of Accounting Program OR 2) Completion of FMGT 3310 and 4310 (or equivalent), with a minimum average grade of 65% and special approval from the Department; this can be obtained by emailing bachelor_accounting@bcit.ca. Note: No class March 13 due to BCIT Spring Break.

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

Full

Learning Outcomes

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

Related Programs

FMGT 7310 is offered as a part of the following programs:

School of Business

  1. Accounting
    Full-time/Part-time   Bachelor of Accounting

Books & Supplies

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

Winter 2019

Books for Winter 2019 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.

Image not available
Contemporary Auditing
Author Knapp
Copyright 2018
Binding Paperback
ISBN 978-1-30597-081-6
Price $209.95
Required

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Registration is now open for the Winter 2019 term.

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