ACCT304 - Internal Audit 1

General

Prefix
ACCT
Course Number
304
Course ID
00171251
Course Level
Undergraduate
Instruction Mode
Lecture
Department(s)
Accounting
Description
Nature of internal and operational auditing, performance of an operational audit. Pre-req.: ACCT 292.
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
Students will be able to recognize and discuss the role internal auditors play in industry, government, and private organizations and how they fit into the governance process within these organizations.
Outcome
Students will be able to use research strategies to find internal audit standards, guidelines, and emerging issues and the relationship to relevant laws and regulations.
Outcome
Students will be able to evaluate processes within organizations that are prone to control issues and identify the implications for resource allocation.
Outcome
Students will be able to identify the roles and responsibilities within an organization with respect to internal controls.
Outcome
Students will be able to describe how technology fits into the control environment.
Outcome
Students will be able to describe fraud risks and identify related controls.
Outcome
Students will be able to demonstrate the internal audit process and how the assurance engagement is conducted.

Dependencies

No dependencies