Advanced Auditing and Information Systems

Course Description

This course is primarily concerned with providing the foundation of knowledge necessary to build the skills needed to operate in the world envisioned by the AICPA when they adopted the Electronic Business Strategic Initiative. Accounting is defined by the AICPA as "a service activity whose function is to provide quantitative information, primarily financial in nature, about an organization that is intended to be useful in making ... decisions." Accounting Information Systems (AIS) encompasses those systems, manual and automated, that collect, store, manipulate, disseminate, and present that information to the decision-maker. The course adds to the knowledge of future accounting and auditing professionals who have taken the prerequisite course, Auditing Concepts, by becoming familiar with the technologies use in Accounting Information System and related IT audit methodology. The emphasis of this course is to assist students in: (1) obtaining an understanding of the risks associated with key aspects of information systems including: operating systems security, databases, networks, and systems development; and the audit role of Computer Assisted Audit Tools and Techniques (CAATTs); and (2) having a working command of ACL in performing standard attest function tests and fraud detection. It is expected that at the end of this course students will be comfortable using the information technology that has become common in supporting accounting applications. Further, it is hoped that when a student encounters new technology in the future, they will be able to use the foundation learned in this course to master that technology as well.

Code

22:010:531

Credits

3

Subject

Accounting

Programs That Include This Course

• Master's Master of Accountancy in Accounting & Analytics