The course covers an in-depth analysis of auditing standards and procedures for the purpose of providing an independent professional opinion on financial statements and reports with understanding of the differences between internal, operational, compliance, and external audits. Among topics covered are: audit planning and design, procedures and standards, evidence gathering and documentation, audit report and assurance services, internal controls and risk assessment, professional ethics and code of conduct, legal and professional responsibilities of auditors and relationship with clients during planning, designing, performing the audit, and preparation of the auditor?s report. This course covers in its components professional code of ethics and social responsibility, and communication skills in business.Highly Recommended (not required): Knowledge of topics covered in Advanced Accounting (ACCT 4010) and Accounting Information Systems (ACCT 4005), access to a personal computer to download and use auditing software or deal with analytical spreadsheet analysis to perform among others substantive tests and tests of control.Note: The course satisfies the business and professional ethics and social responsibility, and communication guidelines.This course was previously BME-214024 Auditing. Prerequisites: ACCT 3025 and ACCT 3030, or equivalents.