About this Course
This course provides a continuation of the intensive conceptual and applied introduction to auditing in society begun in Auditing I: Conceptual Foundations of Auditing. It focuses on a conceptual framework that is applied by audit professionals to assess, evaluate, and manage audit risks and evidence....
Globe

100% online courses

Start instantly and learn at your own schedule.
Calendar

Flexible deadlines

Reset deadlines in accordance to your schedule.
Clock

Approx. 20 hours to complete

Suggested: 5 hours/week...
Comment Dots

English

Subtitles: English...
Globe

100% online courses

Start instantly and learn at your own schedule.
Calendar

Flexible deadlines

Reset deadlines in accordance to your schedule.
Clock

Approx. 20 hours to complete

Suggested: 5 hours/week...
Comment Dots

English

Subtitles: English...

Syllabus - What you will learn from this course

Week
1
Clock
1 hour to complete

About the Course

In this module, you will become familiar with the course, your instructor and your classmates, and our learning environment. This orientation will also help you obtain the technical skills required to navigate and be successful in this course. ...
Reading
2 videos (Total 4 min), 5 readings, 1 quiz
Video2 videos
About Prof Peecher1m
Reading5 readings
Syllabus10m
Learn More About Auditing as a Career Path10m
About the Discussion Forums10m
Update Your Profile10m
Build a Learning Community with Social Media10m
Quiz1 practice exercise
Orientation Quiz30m
Clock
2 hours to complete

Module 1: Strategic Analysis of a Client and Its Business Processes

In this module, you will be introduced to the concept of strategic systems auditing (SSA). First, you will learn about the SSA approach and how it impact the audit. Then, you will learn about strategic analysis and strategic business risks. ...
Reading
13 videos (Total 92 min), 1 reading, 4 quizzes
Video13 videos
Strategic Systems Auditing (SSA) Part 16m
Strategic Systems Auditing (SSA) Part 29m
Strategic Systems Auditing (SSA) Part 37m
Strategic Systems Auditing (SSA) Part 47m
Strategic Analysis (SA) and Strategic Business Risks (SBRs) Part 120m
Strategic Analysis (SA) and Strategic Business Risks (SBRs) Part 25m
Strategic Analysis (SA) and Strategic Business Risks (SBRs) Part 34m
Strategic Analysis (SA) and Strategic Business Risks (SBRs) Part 45m
Business Process Analysis (PA) Part 16m
Business Process Analysis (PA) Part 26m
Business Process Analysis (PA) Part 36m
Strategic Analysis Summary4m
Reading1 reading
Module 1 Overview and Resources10m
Quiz4 practice exercises
Lesson 1.1 Knowledge Checkm
Lesson 1.2 Knowledge Checkm
Lesson 1.3 Knowledge Check8m
Module 1 Quizm
Week
2
Clock
4 hours to complete

Module 2: Audit Evidence and Triangulation

In this module, you will be introduced to the concept of triangulation, which looks at three fundamental sources of audit evidence. First you will learn about the three sources of evidence, which are entity business states, management information intermediaries, and management business representations. Next, you will learn how evidence triangulation can be applied to the WorldCom scandal....
Reading
10 videos (Total 92 min), 1 reading, 5 quizzes
Video10 videos
Audit Evidence & Triangulation11m
WorldCom Example Part 16m
WorldCom Example Part 212m
WorldCom Example Part 37m
WorldCom Example 2 Part 112m
WorldCom Example 2 Part 210m
WorldCom Triangulation Example Part 118m
WorldCom Triangulation Example Part 27m
WorldCom Triangulation Example Part 35m
Reading1 reading
Module 2 Overview and Resources10m
Quiz4 practice exercises
Lesson 2.1 Knowledge Check6m
Lesson 2.2 and 2.3 Knowledge Check6m
Lesson 2.4 Knowledge Check6m
Module 2 Quizm
Week
3
Clock
1 hour to complete

Module 3: Strategic Systems Auditing and Internal Controls

In this module, you will be introduced to the concept of internal controls. First, you will learn about different components of internal controls and how they impact the audit. Next, you will learn about different audit strategies around controls: Substantive strategy vs reliance strategy. Lastly, you will learn about the categories of internal control weaknesses....
Reading
6 videos (Total 37 min), 1 reading, 3 quizzes
Video6 videos
Internal Control Evaluation Part 17m
Internal Control Evaluation Part 27m
Internal Control Evaluation Part 311m
Internal Control Deficiencies Part 15m
Internal Control Deficiencies Part 25m
Reading1 reading
Module 3 Overview and Resources10m
Quiz3 practice exercises
Lesson 3.1 Knowledge Check6m
Lesson 3.2 Knowledge Check6m
Module 3 Quizm
Week
4
Clock
1 hour to complete

Module 4: Interpreting Evidence and Significant Business Processes

...
Reading
7 videos (Total 48 min), 1 reading, 3 quizzes
Video7 videos
Inventory Part 110m
Inventory Part 26m
Inventory Part 35m
Inventory Part 44m
Inventory - What Could Go Wrong? Part 110m
Inventory - What Could Go Wrong? Part 29m
Reading1 reading
Module 4 Overview and Resources10m
Quiz3 practice exercises
Lesson 4.1 Knowledge Check6m
Lesson 4.2 Knowledge Check6m
Module 4 Quizm

Instructor

Mark E. Peecher, PhD, CPA

Associate Dean of Faculty and Deloitte Professor of Accountancy
Department of Accountancy

About University of Illinois at Urbana-Champaign

The University of Illinois at Urbana-Champaign is a world leader in research, teaching and public engagement, distinguished by the breadth of its programs, broad academic excellence, and internationally renowned faculty and alumni. Illinois serves the world by creating knowledge, preparing students for lives of impact, and finding solutions to critical societal needs. ...

Frequently Asked Questions

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

More questions? Visit the Learner Help Center.