This course provides an intensive conceptual and applied introduction to auditing in society. It focuses on concepts and applications related to financial-statement auditors’ professional responsibilities as well as major facets of the audit process including risk assessment and audit reporting. In the U.S. financial-statement audits and related services generally are provided by Certified Public Accountants (CPAs). To succeed in this course, you should anticipate engaging in critical thinking and thoughtful communication about audit professionals' decision environments, decision processes, and deliverables. Additionally, you should understand the macro-level learning objectives in each of the course's weekly modules.

Auditing I: Conceptual Foundations of Auditing
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Auditing I: Conceptual Foundations of Auditing

Instructor: Mark E. Peecher, PhD, CPA
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What you'll learn
Describe the independent auditing process and what drives the demand for and supply of audits.
Identify the different types of audit assertions and understand how the nature of assertions affects the demand for independent audits.
Define the key steps of financial-statement auditing.
Describe an auditors’ professional and ethical responsibilities.
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There are 8 modules in this course
Build toward a degree
This course is part of the following degree program(s) offered by University of Illinois Urbana-Champaign. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹
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Reviewed on Jun 22, 2023
Fue un excelente curso.... a pesar de tener 20 años en auditoria me ayudo a mejorar mis habilidad
Reviewed on Jul 7, 2019
The course was really helpful for me in understanding the basics of Audit. But however I didn't find Assignment 8 of Mod 8 much connected to the whole course. I was expecting good case study.
Reviewed on Jan 6, 2021
Professor Peecher is very engaging. He intelligently guides you through what it means to be an auditor. I quite enjoyed this course and learned a great deal. Thank you!




