This is a one semester introductory-level course in financial auditing.  Students will examine auditing theory and practice through a study of generally accepted auditing standards, including the nature of evidence, audit program planning, internal controls and professional ethics.

Upon completion of this course, students will be able to apply professional standards applicable to the formal audit of financial statements by independent public accountants.  Students will gain an understanding of auditor responsibilities, including the legal and ethical challenges faced by auditors, and the auditor’s responsibility for fraud detection and internal control evaluation.  Students will also gain an appreciation of the risk approach to auditing, through an examination of the quantitative audit risk model applied to tests of transactions and account balances that make up an entity’s financial statements.

There are additional UVa-only syllabus items for this course. Click here to view all the public and UVa-only syllabus items. This link is restricted to UVa-members with Netbadge authentication.