Examination of the auditing function and the role of the independent auditor in both the business organization and the business environment. Topics include generally accepted audit standards (GAAS), professional auditing standards, and auditors' ethical responsibilities. Skills developed include planning the audit; obtaining an understanding of the client; evaluating internal controls; collecting and analyzing audit evidence about business risks, controls and performance; developing audit findings and conclusions; performing audit results; and performing audit follow-up procedures. 3 Credits (3 Lecture) Prerequisite(s): ACC346. (Writing Enriched) Fall Only.