In the face of the far-reaching challenges in the history of modern financial markets and the international financial statement auditing environment which becomes more complex and demanding, this course is committed to providing the most complete and up-to-date materials based on the framework of International Standard on Auditing (ISA), which will make it easier for students to learn more efficiently, combined with University of Illinois Project Discovery teaching methodology which emphasizes student’s active learning.
The international professional standards are the basis for the conduct of audits all over the world. The implementation and appropriate application of the clarified ISAs is critical for the success of the auditing profession in the coming years. Therefore, the objective of this ISA auditng course is to help each student obtain the latest, most current concepts, skill, knowledge, and personal characteristics necessary to practice successfully as an auditor. This course emphasizes not only acquiring knowledge, but also skills and attitudes required for success in the accounting profession. Two key attitudes required for this course are: 1) Intellectual curiosity and 2) Taking responsibility for your own learning.