Auditing is a social discipline that specializes in studying audit theories and methods, exploring the laws of audit development, and effectively supervising economic activities. Certified public accountant audit, also known as independent audit, refers to the economic activity in which certified public accountants accept commissions according to law, independently perform business operations, and provide professional services to the society for compensation. The establishment of the CPA audit system is an inevitable requirement for China to implement reform and opening up and establish a socialist market economic system, and it has played an important role in maintaining the orderly stability of the securities market, promoting reform and opening up, and economic development.
The course "Auditing" uses the classic American textbook "Auditing and Assurance Services: An Integrated Approach" by Alvin A. Arens, Randal J. Elder, and Mark S. Beasley as the teaching material, organically integrating important parts of internationally recognized audit concepts to help students understand audit decision-making and evidence collection in today's complex international audit environment.
The curriculum is mainly based on the audit of financial statements for certified public accountants, using classic American audit textbooks as the foundation, and adopting a bilingual teaching method. It introduces the basic norms, principles, and practices of American and Chinese audit standards, covering the basic content of audit principles and audit practices, with an emphasis on the theory and practice of IPO business.
The course aims to cultivate students' basic theoretical literacy and practical skills in auditing, based on the latest developments in audit theory and practice and the latest audit standards. It focuses on modern risk-oriented audit concepts and is based on the services provided by certified public accountants. It comprehensively and systematically introduces the basic theories and practices of modern auditing.
The curriculum emphasizes the interpretation and demonstration of basic theories and methods, and provides comprehensive explanations of audit materiality levels, risks and their evaluation, the establishment and implementation of internal control systems, analytical review, control testing, substantive procedures, as well as various transaction cycles and their operational processes.
