UNIVERSITY OF MASSACHUSETTS BOSTON COLLEGE OF MANAGEMENT DEPARTMENT OF ACCOUNTING AND FINANCE

I. COURSE AND FACULTY IDENTIFICATION

AF614 FINANCIAL AND MANAGERIAL AUDITING Fall 2015
INSTRUCTOR: PROF. T. HOGAN CONSULTING HOURS: Th 4:30-5:30
OFFICE M 5-412 or by appointment
OFFICE PHONE (617) 287-7689 e-mail Thomas.hogan@umb.edu

II. COURSE MATERIALS

Messier Jr., William F., Steven M. Glover and Douglas F. Prawitt. Auditing and Assurance Services, ninth edition , 2014,
ISBN 978-0-07-786233-6. McGraw-Hill \ Irwin publishers. Note: The ACL software will be used in an extra-credit assignment.

Whittington, O. Ray. Wiley CPA excel Exam Review 2015, Auditing and Attestation ISBN: 978 111 891 7664 (paperback).

III. COURSE BACKGROUND

The course involves study of the theory and practice of professional auditing. The successful completion of the course provides a basic understanding of the nature of auditing, the responsibilities of auditors, and generally accepted auditing standards.

It will provide a basic foundation to facilitate further study for those who wish to take professional examinations such as the Certified Public Accounting Exam, and the Certified Internal Auditing Exam.

IV. LEARNING OBJECTIVES

This course is concerned with the technical and conceptual skills involved in an audit or examination of financial statements. You will learn about Auditing Standards and Principles involving planning of an audit, report wording for different engagements and situations, audit risk, and fraud consideration.

Various engagement tasks will be introduced including the collection of audit evidence, the study and evaluation of internal control systems, the use of sampling, and documenting work performed on the engagement.

Communication skills and analytical