Audit & Assurance Emphasis

Students who pursue the Audit & Assurance emphasis take 9 credits of advanced auditing courses. 

Required Course
BUAD 6199 - Advanced Auditing & Audit Research

3 Credits

Expands and integrates knowledge of US and international generally accepted auditing principles (GAAS) in a rigorous study of financial reporting issues with significant balance sheet implications. Topics include advanced treatments of analytical procedures, audit planning, risk assessment, internal controls, audit evidence, audit documentation, and auditing fair. Incorporates related academic research, research into auditing standards, and contemporary auditing issues.

Additional Credits
BUAD 6209 - Govt & Non-profit Accounting

3 Credits

This course is designed to expose graduate business students to the financial accounting and auditing issues related to state and local governmental and not-for-profit organizations in the United States. Students will review the body of accounting and auditing literature, specifically related to organizations in the public sector. Due to time constraints, Federal government accounting will not be addressed.

BUAD 6229 - Financial Statement Analysis

3 Credits

This course introduces students to the elements of financial statement analysis and increases students’ ability to extract and use information from financial reports. While financial statements are prepared in accordance with specific accounting rules and principles, most of the numbers in financial statements are based on a set of assumptions and choices made by management. In this class, students learn how to identify and adjust for the effects of accounting choices on the comparability of reported earnings and other accounting performance measures across countries, across firms, and over time. Students also learn how to evaluate circumstances where accounting rules can cause disruptions in trends making it difficult to forecast earnings and free cash flows. In addition, students learn techniques to identify earnings management, as well as assess whether the financial statements reflect the riskiness of the firm. Finally, because many large companies operate in a global environment, the class will examine problems created by differences in accounting standards across countries (e.g., U.S. Generally Accepted Accounting Principles versus International Financial Reporting Standards), as well as issues inherent in multinational companies such as how foreign currency affects financial statements.

BUAD 6239- Audit Analytics and Information Systems

3 Credits

Develops in-depth knowledge about conducting an information systems audit, developing frameworks for management and application control, using audit software, conducting concurrent auditing techniques, evaluating data integrity, system effectiveness, and system efficiency. Also introduces: technical security controls to prevent, detect, respond to, and recover from cyber-attacks; risk and vulnerability analysis to select, design and evaluate security controls; and legal, ethical, and privacy aspects of information assurance.

BUAD 6279 - Forensic Accounting and Fraud Examination

3 Credits

This course is an introduction to forensic accounting. Forensic accounting encompasses those services an accountant provides to assist a court or a client in settling a legal dispute and includes the following specialized knowledge and skills: 1) accounting, auditing, economics, finance, business law, quantitative methods, statistics, and tax; 2) investigative skills to collect, analyze, and evaluate evidential matter; and 3) written and oral communication skills. The content of this course will include: 1) fraud and financial investigation services; 2) litigation consulting and expert witness services; and 3) computer forensics. To illustrate concepts, the class will discuss high profile cases (e.g., investment frauds such as Madoff and financial statement frauds such as WorldCom, Enron, etc.). Guest speakers who possess specialized expertise may present on selected topics (e.g., fraud investigation, interviewing and interrogation techniques, cybercrime and digital forensics analysis, and the legal environment).