Barowsky School of Business

BUS 4034: Auditing

Fall 2023

Instructor: Yiye Zhang

Class Hours: Mon/Wed 2:20 PM - 4:00 PM
Classroom: Guzman, Room 110
Office Hours: Wed 1:00 PM - 2:00 PM or By Appointment
Office: Bertrand Hall 25D
E-mail: yiye.zhang@dominican.edu

I. Course Description
This course emphasizes the manner in which the assurance function is performed, with an
emphasis on the auditing of financial statement information. It continues with the content
and learning methods introduced in your earlier accounting courses and with emphasis on
understanding relevant professional standards and applying those standards. We will
discuss the application of auditing standards, methods and procedures of auditing,
sampling methods, control systems, control design, and control evaluation are covered.
Prerequisite: BUS 2003.

II. Learning Outcomes

1. Overall auditor responsibilities: Understand the nature of audit risk and an auditor’s
responsibility to detect financial statements misstatements and noncompliance with
laws and regulations.
2. The audit process: Understand the nature of the audit process, including the nature of
and relationships among financial statement assertions, audit objectives, audit
procedures, and audit evidence.
3. Reporting requirements: Apply appropriate audit reporting standards to various
reporting situations.
4. Ethical responsibilities: Apply ethical standards to situations encountered by
accountants

III. Course Materials

1. Textbook: Principles of Auditing & Other Assurance Services by Ray Whittington and
Kurt Pany. 22 Edition. ISBN: 978-1-260-24795-4

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2. Course Website: https://moodle.dominican.edu

IV. Grading

Class Attendance and Participation 10%

Homework 30%
Midterm Exam 30%
Final Exam 30%

Your final grade will be calculated using the grading scale below:

A 92-100 C+ 76-79
A- 89-91 C 73-75
B+ 86-88 C- 70-72
B 83-85 D+ 65-69
B- 80-82 D 60-64
F Below 60

1. Attendance and Participation (10%)

If you are expected to miss the class, please promptly notify me via email regarding the
absence in advance. Students are expected to preview course materials before the lecture
and actively participate during the lesson.

2. Homework (30%)
There are four homework will be assigned and need to be submitted before classes at the
due date. Homework assignments will be based on chapter exercises or problems from
the textbook. Late homework assignments will not be accepted.

3. Midterm Exam (35%): Oct. 09, Monday

4. Final Exam (30%)

The final exam will be a cumulative exam. The final exam date will be posted by the
University prior to the final week.

V. Diversity, Inclusion, and Classroom Community Standards:

Dominican University of California—and I personally—value human diversity in all its
forms, whether expressed through race and ethnicity, culture, political and social views,
religious and spiritual beliefs, language and geographic characteristics, gender, gender
identities and sexual orientations, learning and physical abilities, age, and social or
economic classes. Enrich yourself by practicing respect in your interactions, and enrich
one another by expressing your point of view, knowing that diversity and individual
differences are respected, appreciated, and recognized as a source of strength.

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VI. Statement of Principles on Academic Integrity:

Students are expected to adhere to the Academic Honesty Honor Code stated in the
Catalog.

Students should practice academic integrity in all of its forms, including abstaining from
plagiarism, cheating, and other forms of academic misconduct. The University reserves
the right to determine in any given instance what action constitutes a violation of
academic honesty and integrity.

VII. Accommodations:
The Dominican University of California is committed to equal access for all students in
accordance with the Americans with Disabilities Act of 1990. Students who feel they
may need accommodations based on the impact of a disability should contact the Office
of Accessibility and Disability Services at 415-257-1388 or email
accessibility@dominican.edu as soon as possible to discuss specific accommodations.
Please submit the subsequent paperwork to the instructor right away.

VIII. Title IX:

As instructors, one of our responsibilities is to help create a safe learning environment for
our students and for the campus as a whole. As part of our commitment to students'
wellbeing, we have the responsibility to report any instances of sexual harassment, sexual
violence, relationship violence, or stalking to our Title IX Coordinator, so they can
inform students about their reporting options and the various support resources
available. Student privacy is a priority for us and will be maintained to the extent
permissible by law and policy. For more information about your rights and reporting
options, including confidential and anonymous reporting, please
visit https://www.dominican.edu/about/safety-and-emergency-information/sexual-
misconduct-title-ix-and-discrimination

IX. Disclaimer:
This syllabus is subject to modification. The instructor will inform students of any
changes.

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BUS 4034 Fall 2023 Calendar

Assignments
Week Date Topic Due
1 08/21 Syllabus &Introduction
08/23 Chap1 The Role of the Public Accountant in the American Economy
2 08/28 Chap2 Professional Standards
08/30 Chap2 Professional Standards
3 09/04 No class/Labor Day
09/06 Chap3 Professional Ethics
4 09/11 Chap3 Professional Ethics HW1
09/13 Chap5 Audit Evidence and Documentation
5 09/18 Chap5 Audit Evidence and Documentation
09/20 Chap5 Audit Evidence and Documentation
Chap6 Audit Planning, Understanding the Client, Assessing Risks, and
6 09/25 Responding
Chap6 Audit Planning, Understanding the Client, Assessing Risks, and
09/27 Responding
Chap6 Audit Planning, Understanding the Client, Assessing Risks, and
7 10/02 Responding HW2
10/04 Review Session
8 10/09 Midterm Exam
10/11 Chap7 Internal Control
9 10/16 Chap7 Internal Control
10/18 Chap7 Internal Control
10 10/23 Chap9 Audit Sampling HW3
10/25 Chap9 Audit Sampling
11 10/30 Chap9 Audit Sampling
11/01 Chap10 Cash and Financial Investments
12 11/06 Chap10 Cash and Financial Investments
11/08 Chap16 Auditing Operations and Completing the Audit
13 11/13 Chap16 Auditing Operations and Completing the Audit HW4
11/15 Chap17 Auditors' Reports
14 11/20 Chap17 Auditors' Reports
11/22 No class/Thanksgiving
15 11/27 Chap17 Auditors' Reports
11/29 Review Session
12/04-
16 12/08 Final Exam (Comprehensive Exam)