COURSE SYLLABUS (Course Code 1 ‘Course Title ‘Anaditing andl Assurance Concepis and Applications 1 Credit 3.0 Units Instructor : ‘Class Day (Class Time ‘Chussreom ‘Comsuttation Schedule Course Description ‘The couse reviews internal contol, and texts of controls in cach accounting clement and the nuteral guttatement tobe reported. Ths course requires the students t have mastery ofthe financial accounting process and standards of reporting. The course alzo incledes the audit of assets excluding cash. Coarse Outcomes Program Outcomes Addressed by the Course Outcomes 1. Review GAAP, basi accounting concepts and auditing principles. 22 Apply proper decision making tools to critically, analytically, and creatively solve problems nod drive results. [Ment explain and relate specific audit objectives, procedures and internal contol that are necessary in conducting an independen’ audit of the financial statements, Za Apply proper decision making ool wo critealy, analytically, and creatively ve problems and drive results 3.1 Acquire, analyze, and synthesize business and industry data for strategic and operational decision-making and to devise innovative business ideas. 73. Develop and apply various andit progroms and techniques available to the auditor in performing the adit SE Aen pope ision making tools o critically, analytically, and creatively solve problems and 3.2 Engage in business research by identifying, analyzing, and solving business problems and applying appropriate quantitative anc qualitative tools and frameworks. 3.3 Define and formulae relevent corporate, business, functonah-are, and open plan and © Weal, detec enor and fraud and forrwaloe the necessary adjusting catries za Pesto te basic management ioctions sachet phamatg. rpaniting: aati, Reding al controlling. 2.5 Work effectively with other stakeholders and manage conflict in the worsplace. 3.4 Manage and coo-dinate people, business processes, and business resourecs. 3.6 Employ critical thinking skills to evaluate the practical implications of organizational poticies, deciions, and steteny._Course Outcomes Program Outeomes Addressed by the Course Outcomes ‘Analyze wudit related cases and upply the concepts and principles leamed from the coarse. 2.5 Roply ie basic conepis hn unre caok oti fnesionl wes of basins (oarkting, Tunetionsbare, end operational plane and Demonstrate the 5C's: critical thinking, commercial ethics, computer lerecy, communication Standards, organizational eilizenslip, and comporale skills and community services. Strengthen and practice the values of honesty, inlegriy, diligence and perseverance in the pracice of | 2.7 Demonstrate high personal "poral and ethical standards, organi and:ting. social responsibility. 3.7 Recommend ethical behaviors, promote corporate social rerponsibility, and engage in social enterprise,Quizzer: Practical auditing, PRTC Applied Auditing, GIC Enterprise Co,, Tr. ical auditing (2016 edition). Millenium Books P ley CPA excel exam review: Study guide auditing Ke * Roque, G. (2016). CPA Examination reviewer: Auditing problems. GIC Enterprise Co, In. hing d attestation. John Wiley & Sons, Inc Learning Outcome/s Toplels Referencels eee er nt | Amerment Methods T = Apaly the GAAP on cat + Aut oF Cash 1 Suggested Readings: > Lecture 7 Reciaion Ideatify explain and relate specific aut © Cabrera, Unit + Class Discusion Guiz 4 objectives, procedures and intemal control © Roque, Chapter | tmearures pertaining to cath, ‘adit cash 3 3 7 3 3 + Anny the GAAP on receivables © Adit of Receivables 7 Suggested Readings: 7 Lecture = Recitation + entity, explain and relate speci audit objcetives, o Cabrera, Unit VI Class Discussion | « Quiz procedures and internal sontrol measures pertaining © Rogue, Chapter? to a ‘Aulitreecivables é 7 > Audi oF aveatorce ‘Suggested Readings + Teetare * Recitation o Cabrera, Unit Vi + Class Discussion | « Quiz 2 Roque, Chapter 3 + _ Ault inventories. Midterm ExamLearning Outcome Tenis neereace a + Apply the GAAP on investments | © Audit of Investments ‘+ Suggested Readings: © Lecture * Recitation ca + deatty, explain and relate specific ait objectives, | o Cabrera, Unt Vina Xi! | Clase Discussion |S Quis poser tad ira sol ane oe & Rags, Cte Cinemas Bee w mdi invents | | 7 pie GRA on pepe a acme | > alc Fas Fapenyand |» Bapgated Range] > Tae 7 Resins or Cauient Soot "GieDicusion — |! Qur : + Nay expla and ede ef tt obetne, Rome, Chars 8 procedures and intemal control measures pertaining to PPE, + _ Audit property, % ae halo Ppysetand | > Baga Readings [0 a Via wee : nite Seco ote UKE! | Caw Ducuion | soa 7 prove bal aural sel mee Rome Chars Crepernens and nage Auli eating ane if oF