The important role played by computers and internal control systems in the development of accounting information systems is stressed. Duties and responsibilities of auditor, kinds of audits, review of accounting theory in its application to work of auditor, internal control and relationship to auditing procedures, auditing working papers, financial statements and reports. Duties and responsibilities of Internal Auditors within the management team of the organization are explored. Topics include the organization of the Internal Audit Department, staff qualification and development and the elements of Internal Auditing. Permission of department chair.
Students work on a real world project under the direct supervision of a faculty adviser.
Projects may be sponsored by a host organization. Student performance is monitored and evaluated in relation to conditions set forth in an approved Project Plan. May be repeated for a maximum of 6 credits. Senior standing and permission of instructor. Research-oriented project in a special area of accounting.