Required Texts and Materials
- Auditing:Assurance and Risk, 2nd Edition. W. Robert Knechel, South-Western, 2001.
- Practitioner's Guide to GAAS 2004, Dan M. Guy & D.R. Carmichael, John Wiley & Sons, 2004.
- Computerized Auditing Using ACL Software, Alvin A. Arens, Armond Dalton Publishers, First Edition 2004.
- Wall Street Journal subscription, on-line is recommended.
- This course syllabus and handouts.
- Providence College Angel account with mail forwarded to an e-mail account you will read regularly.
Recommended Text
CPA Auditing, 2004-2005 Ed., Irvin N. Gleim, William Hillison
This course is different from most of the other accounting course you have taken previously. Auditing requires significant judgment and answers are usually gray and rarely "black and white." Developing audit judgment is a process which may be learned, but it requires significant intellectual curiosity and experience. Complicating the complex nature of auditing is the current, dramatically changing operating environment created by Sarbanes-Oxley. Because authoritative literature will continue to change as this course progresses, the latest information will not be found in our books, but in news reports, the PCAOB web site, and in this course's Angel materials.
This course is not taught in a lecture, problem, drill format. We will use the case method. The case method puts the burden on the student to take charge of his or her own learning! Students are expected to read the material in a timely fashion and to be prepared for every class meeting. Passivity will be discouraged! You will work hard, but you will be rewarded with an interesting semester.
If you experience any problems with the course, you should speak to me ASAP, either in class, in my office or via e-mail. Delays in seeking assistance can complicate minor issues.
You will be periodically asked in class to complete anonymous classroom assessment sheets to provide me with additional feedback.
