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Develop your knowledge and experience with auditing

Assignment Help Auditing
Reference no: EM13882995

Advanced Auditing and Assurance Services

CourseProject Overview

All students will be expected to complete a course project. Course projects will be team oriented and designed to help develop your teamwork and collaboration skills in addition to your knowledge and experience with auditing.

Project Requirements

Each team will be assigned a publicly traded company (see below). Each team will be responsible for developing an audit plan for their assigned company, using information that is publicly available. Each team will work independently from other teams who are assigned the same company.

At a minimum, this audit plan should address the following (as applicable):

• Materiality
• Identification of specific audit risks
• Identification of in-scope business units and/or geographical locations
• Identification of in-scope business applications and general computer controls
• Planned tests of controls
• Planned substantive tests
• An audit timeline and calendar
• Audit team
• Anything else you believe is relevant

Deliverables

1) A detailed audit planning memo (no more than 15 pages) summarizing the information above.

2) Appendices as necessary to the planning memo. Note that appendices should only be used AS NEEDED to expand on items discussed in the planning memo. Examples could include: assumptions made (if information was not publicly available), financial calculations etc.

3) Final reports due November 30, 2015

4) Each group will provide a ten minute presentation to the class on November 30, 2015 summarizing their company, audit plan, and rationale.

Company Assignments:

Apple Inc. - A1, A5, A9, B3, B7
Caterpillar Inc. - A2, A6, A10, B4, B8
Southwest Airlines - A3, A7, B1, B5, B9
Bank of America Corporation - A4, A8, B2, B6, B10

Reference no: EM13882995

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