Auditing I (350-DL-20)
Instructors
Jeannie Marie Folk
Jeannie has a Bachelor’s degree in Accountancy from Loyola University Chicago and a Master’s degree in Accountancy from Northern Illinois University. As a CPA (Registered), she rose to the rank of Audit Manager at Coopers & Lybrand (now PricewaterhouseCoopers) and then joined the accounting faculty at the College of DuPage as a full-time professor. She also taught thousands of CPA Exam candidates in NIU’s CPA Review Program. Jeannie is a past member of the Illinois Board of Examiners and is a member of the CPA Exam Transition Task Force at the Illinois CPA Society. She serves as the Accounting Program Adviser at Northwestern School of Professional Studies. Jeannie co-authored Introduction to Managerial Accounting (2001) by McGraw-Hill and has written over 50 study guides and instructor's manuals to accompany accounting textbooks. She is currently developing digital content to enable accounting students to learn more effectively using online, interactive platforms.
Meeting Info
Online: TBA
Overview of class
Auditing Principles and Procedures provides the foundational concepts of balance sheet audits, allowing students to exercise the role of an external auditor, identifying audit risks, determining appropriate audit techniques and evidencing, and executing audits of primary financial areas present at most companies. Students will be confronted with common ethical issues faced by auditors, issues of auditor independence, fraud risks, and audits of key accounting cycles such as cash, accounts receivable, inventories, accounts payable, debt and capital. By the end of this course, students will be proficient in recognizing audit risks at both, the client and financial statement line level, writing engagement letters, and communicating results to auditees. Students will join group discussions, complete online homework assignments, research and write papers on various topics, and complete online quizzes and examinations. Students are highly encouraged to share articles and their own experiences related to auditing and auditors as part of their assignments.
This course is conducted completely online. A technology fee will be added to tuition.
Class Attributes
Asynchronous:Remote class-no scheduled mtg time