First, via the Professor s SOM web page, Second, from the Internet, Third, via the library. Because auditing generally involves the evaluation of a company s financial statements it is crucial that the auditor be able to identify and assess the correct application of accounting standards. The instructor will assign students to teams after the first exam. The first half of the semester focuses on concepts and the second half focuses on applying those concepts.
Many students struggle in auditing.
Most of the material is of a broad, conceptual in nature and thus is presented in an abstract or generic settlings. This is in sharp contrast to most of your accounting education, which has focused on specific transactions. Secondly, auditing draws significantly on your prior accounting, business and economics education. Therefore, I am but a facilitator in the learning process. I take my responsibility seriously and expect the same from you.