Students must obtain the approval of the Director of Commerce and the supervising faculty member before enrolling. Students must obtain the approval of the Director of Commerce and the supervising faculty member before enrolling. The course focuses on the reasoning and evidence theory underlying audit decision making. Coverage includes professional judgement, statistical auditing, assurance engagement, and public sector auditing. This course investigates strategies and procedures used to audit computerized accounting systems based upon their special control characteristics.
Special attention is devoted to computerized statistical procedures.
This is the first of two courses in federal income tax law. It is designed to give the student a basic understanding of the Income Tax Act and its administration. This is achieved by applying the law to practical problems and case settings. The emphasis in this course is on accounting issues and practices relating to long-term investments, consolidations, foreign transactions and foreign investments. International accounting issues are also introduced.