- Course type: Self-paced
- Available Lessons: 44
- Average Lesson Length: 8 min
- New lessons are still being added
Watch a preview:chapter 1 / lesson 1Accounting Governing Bodies: Overview & Functions
Course SummaryDiscover new information about or improve your current understanding of auditing and assurance services using this Accounting 305 course. Entertaining lessons and self-assessment quizzes/exams are available to help you prepare for a test, improve your grades or enhance your performance on the job.
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About This Course
Ensure you have a quality understanding of auditing and assurance services with help from this fun and informative course. The lessons are accessible 24 hours a day via any computer or mobile device, making it easy to gain greater insight into topics like audit planning, internal control in accounting, audit sampling and professional ethics in accounting. Feel free to take the quiz accompanying each lesson and exam paired with each chapter to find out how well you understand key concepts. Use the final exam to gauge your knowledge of the entire course. The Dashboard keeps track of your progress and lets you submit any lesson topic questions to our experts.
Accounting students can utilize the lessons, quizzes and exams in this course to better understand key concepts that could show up on a test, assignment or project. Accounting professionals could also benefit from this course by refreshing their knowledge of information that could strengthen their work performance. Teachers looking for supplemental learning materials can share the lessons with students and check their comprehension using our quizzes and exams.
|Public Accounting & Auditing||Describes accounting governing bodies and how organizations benefit from audits and the role of auditors in the accounting process. Defines assurance services in accounting; accounting attestation; and financial, external, compliance and operational audits.|
|Public Accounting Quality Control & Professional Standards||Explains the audit function in government, GAGAS, the Sarbanes-Oxley Act and auditing standards. Discusses professional and legal responsibilities of auditors, how to evaluate risk and assurance in audits, the use of audits to hold management accountable and International Financial Reporting Standards (IFRS).|
|Professional Ethics & Development in Accounting||Teaches the importance of ethics in accounting, the IIA Code of Ethics, audit objectivity and professional ethics in accounting. Explains how to apply AICPA code to CPA firms and how to pass the CPA exam.|
|Audit Evidence & Documentation for Accounting||Covers substantive procedures in auditing, audit risk and evidence, working papers in the audit process and inherent and control risk.|
|Audit Planning, Risks & Client Needs||Lists and discusses types of audits, stages of the auditing process and the basic steps of audit preparation and planning. Defines materiality in auditing and continuous auditing, and discusses how to design an audit plan.|
|Internal Control in Accounting||Provides descriptions of risk/control frameworks in auditing, the fundamental principles of accounting information systems and the CoCo internal control framework. Explains risk and control assessment practices for auditors, the COSO internal control framework and safeguards and controls of banking activities.|
|Assessing Risk & Detecting Fraud in Accounting||Walks through the basics of financial statement fraud, fraud risk assessment/detection and prevention of fraudulent financial statements.|
|Audit Sampling Overview||Offers an overview of audit and random sampling, sampling plans in accounting and difference and ratio estimation in auditing. Describes non-statistical sampling for substantive procedures and audit sampling for tests of controls.|
|Audit Report & Communication||Teaches audit report writing and communication, components of effective audit reports, modified and unmodified opinions in audit reports and issues in audit reporting.|
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