INTRODUCING ACCOUNTING MAJORS TO AUDITING.
The completion of the hypothetical audit, the initial study of text material, and three examinations require about thirty-five class periods. The last ten to fifteen periods are devoted to a review of text material, the case studies, and the tentative statement of auditing standards recently published by the American Institute. The writer also regards the time spent on review as the most valuable learning time in the quarter. Students comprehend the technical problems and questions better after they have completed the hypothetical audit and studied the text. Students often begin their study of auditing after they have learned a number of accounting fundamentals and before they have grasped many of the relationships among these fundamentals. This course enables them to grasp more of these relationships, because they use many of the fundamentals in completing a hypothetical audit. Prior to their study of auditing, most students learn to prepare financial statements by sorting and listing ledger balances, but in completing their hypothetical audit they weigh the significance of their data.
- DOI
- 10.2308/tar-7063564
- Volume
- 24 (1)
- Pages
- 90-94
- Language
- en
- Export
- BibTeX
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- openalex crossref