Auditing

Part 1 Introduction to auditing and public practice: professional practice; attestation, audit and quality control standards; reports on audited financial statements. Part 2 Basic concepts and techniques of auditing: audit objectives, procedures and working papers; audit planning with analytical procedures, risk and materiality; internal control evaluation - assessing control risk; audit sampling; fraud awareness auditing. Part 3 Audit applications: revenue and collection cycle; acquisition and expenditure cycle; production and payrole cycle; finance and investment cycle; completing the audit. Part 4 Statistical sampling and computer auditing; test of controls with attribute sampling; test of balances with dollar-value sampling; audit planning in a computer environment; auditing in a computer environment. Part 5 Professional services and responsibilities: other public accounting services and reports; operational auditing - governmental and internal ethics; professional ethics; legal liability.