ACCT 623 - Auditing Theory and Practice II

Units: 3
Advanced knowledge and skills a certified public accountant must demonstrate specifically related to information technology (IT) audit, System and Organization Controls (SOC) engagements, and engagements involving testing an entity’s controls over security, confidentiality, and privacy.

Prerequisites: ACCT 622 with a grade C or better.
Possible Instructional Methods: On-ground, or Hybrid, or Online-Asynchronous, or Online-Synchronous.
Grading: A-F grading only.
Course Typically Offered: Fall, Spring, or Summer

Student Learning Outcomes - Upon successful completion of this course students will be able to:

Perform procedures to conclude the effectiveness of the relevant automated and manual controls within the flow of an entity’s transactions for business processes.
Identify and document the types of threats and attacks on an entity’s information systems.
Apply current regulations and standards related to information security and privacy to assess and document the design and implementation of accounting information systems and controls.
Determine and apply the appropriate audit procedures to test an entity’s controls over security, confidentiality, and privacy to draft the engagement report.
Assess the management assertions in SOC 1, SOC 2 and SOC 3 reports to conclude the appropriate form and content of those reports.
Plan, perform, and evaluate SOC 1 and SOC 2 engagements.