AC 417 - Auditing and Assurance

This course provides an overview of auditing and assurance services, focusing on the principles, standards, and evolving practices that guide the profession. Students will explore the purpose, scope, and types of audit engagements, evaluate ethical responsibilities, and examine the frameworks that ensure audit quality. Students will develop skills in planning audits, assessing risk, evaluating internal controls, and applying evidence-gathering techniques. The course also covers reporting requirements, completion activities, and emerging issues such as data analytics, artificial intelligence (AI), and other technological advancements, preparing students for the dynamic future of auditing. Semester Credit Hours: 3.00 Contact Hours: 45/0/0/45 Prerequisite: AC 236 Managerial Accounting. Corequisite: None.