Auditing Principles and Practices Course Series

Many organizations are audited by independent public accountants. The purpose of an audit is to express an opinion on the fairness of presentation of financial information prepared by management. An audit enhances the value of financial information by making it more trustworthy and credible.

In this course, we learn how public accountants plan and execute an audit. We begin with an overview of the financial statement audit itself and move on to a look at audit process, evidence, risk models and core audit principles. Next, we’ll talk about internal controls and fraud controls, including the COSO framework, testing controls, fraud schemes and more. We’ll wrap up by discussing auditing cycles and audit completion.