ACCT 5450 - Seminar in Internal Auditing

3 hours

Study of the theory and practice of internal auditing, emphasizing differences between internal and external auditing in areas such as independence, scope, and reporting. Incorporates three real-life audits executed by students, applying data analytics principles and reporting standards to prepare and publish audit reports. Advanced Excel and Alteryx are used to evaluate the data, Tableau is used for visualization. Students also engage in consulting projects with real-life municipalities (reviewing their public data), utilizing data analytic software (Excel, Alteryx, Tableau) to evaluate data governance and fraud detection procedures, culminating in formal audit reports and communications. Additionally, students conduct data-driven research to create an audit charter from scratch, ensuring alignment with the Institute of Internal Auditors’ (IIA) International Professional Practices Framework (IPPF) standards.

Prerequisite(s): ACCT 4100 and ACCT 4400.

Course specific fees (in addition to tuition and mandatory):
Academic (AF) per hour: $15.50 (instructional), (differential tuition may vary)