ACC/546
Auditing
Online
Format
$2094
Estimated Tuition
3 credits
Total credits
6 weeks
Course length
Start when you're ready
Choose an upcoming start date:
Enroll by 1pm Central:
Please Note: Attendance and participation are mandatory in all University courses, and specific requirements may differ by course. If attendance requirements are not met, a student may be removed from the course. Please review the Course Attendance Policy in the Catalog for more information.
University of Phoenix reserves the right to modify courses. While widely available, not all programs are available to residents of all states. Please check with a University Enrollment Representative.
Course level: Graduate
In this course, students focus on the auditing practice performed by public accountants. Topics include the CPA profession and the auditor's role, planning the audit, audit reporting and required communications, evaluating internal controls, audit programs for current assets and liabilities, and audit programs for other business cycles.
Prerequisites
- ACC/290 or ACC/290T - Principles of Accounting I or equivalent
- This graduate level course requires proof of completion of a Bachelor's degree. Be prepared to provide documentation during the checkout process.
What you'll learn
Course skills and outcomes
Role of the Auditor
- Describe the role of the auditor in the auditing process.
Engagement Planning and Risk Assessment
- Describe the role of the auditor in the auditing process.
- Explain the audit planning process, including how auditors assess risk.
Reporting Assets
- Explain criteria for calculating capital changes.
- Apply concepts of fixed assets and cost determination to the preparation of financial statements.
- Prepare consolidated financial statements.
Reporting Liabilities
- Explain criteria for calculating capital changes.
- Apply concepts of fixed assets and cost determination to the preparation of financial statements.
- Prepare consolidated financial statements.
Reporting Cash Flows
- Explain criteria for calculating capital changes.
- Analyze journal entries for debt restructuring and deferred taxes.
- Prepare consolidated financial statements.
Accounting for Deferred Taxes and Troubled Debt
- Analyze journal entries for debt restructuring and deferred taxes.