BA 461:



BUAD 461 Auditing Dr. Frazer

Office: McComsey 348 Fall 2018

Class: Wednesday 6-8:30 in McComsey 202

Office Hours: T – 10:45-11:45, 3-5:30

W – 4:5:30

R- 10:45-11:15

Email: dfrazer@millersville.edu

Webpage:

Phone: 871-7209- Business Department- leave a message

575-7008- home

MyAccounting Lab course frazer25427

This schedule and procedures are subject to change in the event of extenuating circumstances.

Objective:

This course will develop the role of the auditing profession in society and address many of the techniques used by the auditor to fulfill this responsibility. The student will become familiar with professional literature and the development of standards.

This is an advanced course, I expect full preparation and class participation. Please do the readings and prepare the exercises and problems before class to improve the quality of your questions and responses to my questions.

Academic Honesty and Integrity

Millersville University places a high value on academic honesty. It is expected that all work performed for credit in this course will be your own. This course will be administered in strict compliance with the university policy.

Special accommodations

Any student wishing to request a special accommodation need only make such a request before the end of the second week of class. Please call the Associate VP for Student Support- 717-871-7943. My intention is to honor all legitimate requests. The deadline is necessary to allow sufficient time for a meaningful solution. Exceptional circumstances will also be considered at any time during the semester.

Student Evaluation:

MyAccountingLab:

Chapter Online Quizzes – see schedule 200 pts

In Class Final Exam 100 pts

Cases: 6 total cases

Group Cases:

1 group case as leader 1@50 pts 50 pts

2 group cases as member 2 @ 25 pts 50 pts

Individual Cases- 3 @ 33.33 pts 100 pts

Total Points 500 pts

Textbooks:

Arens, Elder and , Auditing & Assurance Services: An Integrated Approach 16h ed., Prentice-Hall, 2017

ISBN:9780134417301 optional version is also available: ISBN:9780134148618

Student Learning Objectives- The student will be able to:

1. incorporate professional standards into case analyses and essay responses.

2. perform as a group leader and as a group member to organize work and present it in a professional manner.

3. develop solutions in light of both general business ethics and the AICPA Professional Code of Conduct.

4. demonstrate facility with basic audit steps and the documentation of such work.

5. demonstrate how routine and non-routine accounting principles can operate in the auditing environment.

| | | |MyAccountingLab |Case |Notes |

| |Contents |Chapter Assignment |Due Dates |Assignment | |

|8/29 |The Demand for Audit and Other |Chapters 1,2 |9/4 | | |

| |Assurance Services | | | | |

| |The CPA Profession | | | | |

| |Sarbanes/Oxley Act | | | | |

|9/5 |Audit Reports and Professional Ethics |Chapters 3,4 |9/11 |Introductory Case |In class – no |

| | | | | |assignment turned |

| | | | | |in. |

|9/12 |Legal Liability |Chapters 5,6 |9/18 | | |

| |Audit Responsibilities and Objectives | | | | |

|9/19 |Audit Evidence |Chapter 7,8 |9/25 |Case 1 | |

| |Planning and Procedures | | | | |

|9/26 |Materiality and Risk of Fraud |9, 10 |10/2 | | |

|10/3 |Internal Control – COSO |Chapter 11 |10/9 |Group Case 2 | |

|10/10 |Internal Control Reporting |Chapter 12,13 |10/16 | | |

| |Overall Audit Planning | | | | |

|10/17 |Sales and Collections- Controls |Chapter 14,15 |10/23 | Case 3 | |

| |Audit Sampling for Tests of Controls - | | | | |

| |Completing sales A/R Audit | | | | |

|10/24 |Completing tests of sales, Audit |Chapter 16, 17 |10/30 | | |

| |Sampling | | | | |

|10/31 |Acquisitions and Accounts Payable |Chapter 18 |11/6 |Case 4 | |

|11/2 |Last Day to Withdraw | | | | |

|11/7 |Completing Acquisitions and Payments |Chapter 19, 20 |11/13 | | |

| |and Payroll | | | | |

|11/14 |Inventory and Warehousing, |Chapter 21 |11/20 |Group Case 5 | |

|11/21 |Thanksgiving | | | | |

|11/28 |Capital Acquisition |Chapter 22 |12/4 |Group Case 6 | |

|12/5 |Cash, Completing the Audit |Chapter 23, 24 |12/11 | | |

|12/12 |Final Examination |Exam (Chaps 1-24) | | | |

Cases – you will write six cases, three individual and three group cases. See D2L for the six assignments and the case material.

Group Assignments

Each Group leader is responsible for:

1. Organizing the group effort

2. Submission of the group report

3. Responding to review comments

Each group member is responsible for assignments made by the leader.

Each Case Report (Both Group and Individual) will include (in this order):

1. Title Page

identifying the case number, title and for group cases, the group members.

Identifying the group by number and case, e.g. when we are working on case #1 and you are in group 3, your title page would include: Group# 1.3

2. Sheet titled “Review Comments”- this sheet is blank except the title.

3. Team summary time sheet- tell me how many hours each person spent on the case, by area.

4. Table of Contents

5. Thorough responses to the assignments

6. Summary of readings used to respond to the case (not necessary, unless you consulted some source).

7. Appendices as required to make a clear report (not necessary, unless you have something to add.

Peer evaluations are submitted directly to Dr. Frazer (not included in report). You can create the evaluation on D2L.

Your Group Assignments and the cases on which you are the leader will be handed out in class.

Student Registration Instructions

To register for BUAD 461 Auditing - Fall 2018 :

1. Go to mylab .

2. Under Register, select Student .

3. Confirm you have the information needed, then select OK! Register now .

4. Enter your instructor’s course ID: frazer25427 , and Continue .

5. Enter your existing Pearson account username and password to Sign In .

You have an account if you have ever used a MyLab or Mastering product.

» If you don’t have an account, select Create and complete the required fields.

6. Select an access option.

» Enter the access code that came with your textbook or that you purchased separately from the bookstore.

» If available for your course,

• Buy access using a credit card or PayPal. • Get temporary access.

7. From the You're Done! page, select Go To My Courses .

8. On the My Courses page, select the course name BUAD 461 Auditing - Fall 2018 to

start your work.

To sign in later:

1. Go to mylab .

2. Select Sign In .

3. Enter your Pearson account username and password, and Sign In .

4. Select the course name BUAD 461 Auditing - Fall 2018 to start your work.

To upgrade temporary access to full access:

1. Go to mylab .

2. Select Sign In .

3. Enter your Pearson account username and password, and Sign In . 4. Select Upgrade access for BUAD 461 Auditing - Fall 2018 .

5. Enter an access code or buy access with a credit card or PayPal.

................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download