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FMGT 7310 - Advanced Auditing

Financial Management Part-time Studies Course

School of Business + Media

To support you and your education, BCIT is adapting applied learning in formats appropriate to the unfolding global situation. All PTS classes are being delivered in an online format unless you are notified otherwise.

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

$796.52

Winter 2021

Below is one offering of this course for the Winter 2021 term.

CRN 19901

Tue Jan 12 - Tue Apr 13 13 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 12 - Apr 13 Tue 18:00 - 21:30 Online Delivery
See Notes below

Instructor

Jennifer Kerr

Course Outline

Cost

$796.52

Notes

  1. Departmental approval needed
  2. This course is only available to those who have been formally accepted into the Bachelor of Accounting program. Please send any inquiries to bachelor_accounting@bcit.ca. No class March 16 (BCIT Spring Break). 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.
  3. 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 back next term or subscribe to receive email updates.

In Progress

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 + Media

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

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