Students learn to recognize the strengths and weaknesses of automated accounting information systems and understand the interaction of accounting and management information systems. Topics include personal computers, electronic data interchange, and distributed data processing. Introduces the concepts and principles of the federal income tax of individuals. Students learn to apply the tax concepts and principles in basic tax preparation. Focuses on the concepts of auditing in manual and computer-based accounting systems, as well as the generally accepted auditing standards and procedures.
Students develop the judgment and decision-making skills needed to function as auditors.
Topics include ethical responsibilities, internal control evaluation, evidence gathering, reporting standards, and basic auditing concepts.