AC 417 - Auditing and Assurance

This course provides an overview of auditing and assurance services, focusing on the principles, U.S. Generally Accepted Auditing Standards (GAAS), applicable professional standards, and evolving practices that guide the profession. Students will explore the purpose, scope, and types of audit and assurance engagements, evaluate ethical and professional responsibilities, and examine frameworks that support audit quality. Students will develop skills in audit planning, risk assessment, evaluation of internal controls, and application of audit evidence-gathering techniques and procedures. The course also addresses audit completion and reporting requirements and examines emerging issues, including data analytics, artificial intelligence (AI), and other technological advancements affecting contemporary audit and assurance practices. Semester Credit Hours: 3.00 Contact Hours: 45/0/0/45 Prerequisite: AC 236 Managerial Accounting. Corequisite: None.