ACCT 555 - Advanced Auditing

3 Credit(s)

Prerequisites: Undergraduate degree and approval of the State of Connecticut to take the CPA exam.
This course provides understanding of laws and methods for conducting audits. It includes reviewing the engagement to provide reasonable assurance the audit objectives are achieved. It also includes evaluation of information obtained to reach and to document engagement conclusions including; performing analytical procedures, evaluating the sufficiency and competence of audit evidence and document engagement conclusions, and reviewing the work performed to provide reasonable assurance the objectives are achieved. It also develops proficiency in preparing communications to satisfy engagement objectives including; preparing reports, preparing letters and other required communications, and other related matters. The course prepares students to pass the CPA exam and to do professional audits.