ACCT-239 Auditing II
This course continues the study of auditing and other audit engagement services. The audit process is reviewed and applied to various business cycles including sales and collection, acquisition and payment, payroll and personnel, inventory and warehousing, capital acquisitions and repayment, and cash balances. Study includes concepts of an auditor's legal liability to clients, third parties, federal securities laws, and the profession's response to legal liability. This course is the second of two courses to prepare students for business decisions relating to auditing and the Auditing section of the Certified Public Accountant (CPA) Exam.