Managerial Accounting & Control
The course begins with an examination of the factors affecting the demand and supply of assurance including independence, third party litigation, and the market for assurance services. We then review the traditional audit risk model, materiality, and the various types of audit evidence. The course proceeds to an in-depth examination of such key issues as knowledge of client’s business, management fraud, proper application of analytical procedures, understanding and analyzing business processes and management controls, and evidence evaluation.
Elective