ACCT487 - Operational Auditing

General

Prefix
ACCT
Course Number
487
Course ID
00000421
Course Level
Undergraduate
Instruction Mode
Lecture
Department(s)
Accounting
Description
Nature of internal and operational auditing, performance of an operational audit. Prereq.: MGMT 301, MGMT 383, FIRE 371, MKTG 320 or permission of instructor.
Cross Listed Courses

Prerequisites

Credits

Min
3
Max
3
Repeatable
No

Goals and Diversity

MN Goal Course
No
MN Goal Designation(s)
-
Cultural Diversity
No

Learning Outcomes

Outcome
Describe the role internal auditors play in industry, government, and private organizations and how they fit into the governance process within these organizations.
Outcome
Examine and describe internal audit standards, guidelines and emerging issues in such areas as Committee on Sponsoring Organizations of the Treadway Commission (COSO), Public Company Accounting Oversight Board (PCAOB), Sarbanes Oxley Act, and other relevant laws and regulations.
Outcome
Recognize which processes within organizations are prone to control issues and the roles and the responsibilities for various groups within an organization and use this information to evaluate how this will affect the internal auditor's allocation of resources.
Outcome
Evaluate how technology fits into the control environment.
Outcome
Examine fraud risks and controls.
Outcome
Explain and evaluate the internal audit process and how the assurance and consulting engagements are conducted under the Institute of Internal Audit Standards.

Dependencies

No dependencies