Class Reading Assignments to do Other Assignments to do No. Date Topic(s) Before Class Before Class 5 Tues., Independence in the JGR, Ch. 1 17-20; Answer and be prepared to – 9/5 auditor-client relationship Ch. 4 152-163 discuss homework – problem (which will be AS 1005 handed out in previous ET 101.01 class). Arel, et al., 2005 Greenstone, 2013 Herrick and Barrionuevo, 2002 Kowsman, et al., 2014 Love, 2015 6 Thurs., Professional judgment and Ch. 4 142-147 JGR, – 9/7 skepticism in audit work AS 1010, 1015.07-.09, 2301.07, 2401.13 BASIC FINANCIAL STATEMENT AUDITING CONCEPTS 7 Tues., Framework for audit JGR, Ch. 1 23-28; Answer and be prepared to – 9/12 engagement; client Ch. 5 185-187, 192-193; discuss the 3 questions – acceptance; overview of Ch. 7 286-288 related to the Laventhol & – audit risk, materiality, and Horwath case (on misstatements AS 1101.02-.04, Blackboard). 2105.01-.06, QC 20.14-.16 Eilifsen and Messier, 2015 excerpts (part 1) – Levitt, 1998 8 Thurs., Audit risk model; material JGR, Ch. 5 188-190; Ch. 7 Answer and be prepared to – 9/14 misstatements in financial 288-292, 308-313 discuss 2 problems on – statement assertions assertions (which will be AS 1101.05-.11; 1105.11, handed out in previous 2101, 2105.07-.12 class). Eilifsen and Messier, 2015 excerpts (part 2) –
Class No. Date Topic(s) Reading Assignments to do Before Class Other Assignments to do Before Class 5 Tues., 9/5 Independence in the auditor-client relationship JGR, Ch. 1 – 17-20; Ch. 4 – 152-163 AS 1005 ET 101.01 Arel, et al., 2005 Greenstone, 2013 Herrick and Barrionuevo, 2002 Kowsman, et al., 2014 Love, 2015 Answer and be prepared to discuss homework problem (which will be handed out in previous class). 6 Thurs., 9/7 Professional judgment and skepticism in audit work JGR, Ch. 4 – 142-147 AS 1010, 1015.07-.09, 2301.07, 2401.13 BASIC FINANCIAL STATEMENT AUDITING CONCEPTS 7 Tues., 9/12 Framework for audit engagement; client acceptance; overview of audit risk, materiality, and misstatements JGR, Ch. 1 – 23-28; Ch. 5 – 185-187, 192-193; Ch. 7 – 286-288 AS 1101.02-.04, 2105.01-.06, QC 20.14-.16 Eilifsen and Messier, 2015 – excerpts (part 1) Levitt, 1998 Answer and be prepared to discuss the 3 questions related to the Laventhol & Horwath case (on Blackboard). 8 Thurs., 9/14 Audit risk model; material misstatements in financial statement assertions JGR, Ch. 5 – 188-190; Ch. 7 – 288-292, 308-313 AS 1101.05-.11; 1105.11, 2101, 2105.07-.12 Eilifsen and Messier, 2015 – excerpts (part 2) Answer and be prepared to discuss 2 problems on assertions (which will be handed out in previous class).
ACCT%20546%20Syllabus%202017-2.docx