Advanced Cost Accounting. Study of more advanced aspects of cost accounting including budgeting, standard costs, and cost and profit analysis for decision-making purposes. Auditing Principles and Procedures. A study of the nature and purpose of the examination of financial statements by independent certified public accountants. Major phases of the audit process are examined in detail, including professional ethics, planning, internal control, sampling, evidence, and reporting.
Emphasis is placed on professional auditing standards.
Advanced Auditing and Accounting Theory. The first part of this course serves as extension and completion of the study of basic financial statement auditing begun in ACCT 4310. Topics covered include EDP auditing, accountants legal liability, and compliance and operational auditing. The latter phase consists of an intensive review and preparation for the auditing section of the Uniform Certified Public Accountant Examination. Auditing Electronic Computer Systems.