AUDITING THEORY AND PRACTICE BBUS 411 SECTION C MW 8:00PM SPRING QUARTER, 2012

PROFESSOR: OFFICE HOURS: E-MAIL: PHONE:

Mary Lou Michaelson Immediately after class and by appointment ml.michaelson@hotmail.com 425-433-6380

PREREQUISITES Intermediate Accounting I and II COURSE OBJECTIVES Students are given intensive exposure to the attest function in society today, including provisions of the Sarbanes-Oxley legislation. The environment, the process, and the report of the public auditor are analyzed. Potential extensions of the attest function are examined. Theory and practice related to the auditing environment, including general audit technology, programmatic applications and reporting obligations are discussed. REQUIRED MATERIALS Auditing and Assurance Services: An Integrated Approach, 14th Edition, c 2012, by Arens, Elder and Beasley, IBSN-13: 978-0-13-257595-9 IBSN-10: 0-13-257595-7 Please note that homework will be assigned each week. Students that choose to use a different version of the book will be responsible for figuring out which questions correlate to their version as they often differ. GRADING Grades will be based on your performance on the following items: Mid-Term #1 Mid-Term #2 Final Course work/quizzes Participation 25% 25% 25% 15% 10%

EXAMS All exams are closed book. Exam dates are include on the attached schedule. Exams must be taken on the day and time scheduled. No make-up exams will be given unless you have received permission in advance. The score for any missed exam will be 0. After the exams are graded, they will be reviewed in class and then collected and retained. HOMEWORK/QUIZZES Homework and/or quizzes will be given throughout the semester. Unless directed otherwise, all work is to be completed individually. Often assigned homework will be discussed in class. Ability to discuss these problems is expected and part of your participation grade. PARTICIPATION In order to enhance the learning of yourself and all students in the class, participation is expected. Participation will be graded subjectively by me based on my assessment of your participation and preparedness in the class. Grading will be heavily weighted upon the quality of responses and not quantity. Participation should be positive in nature and lend itself to furthering the discussion. GENERAL COURSE GUIDELINES 1. If you have to miss a class, it is your responsibility to get details of what you missed from other students in the class, or from our Blackboard website. 2. Please notify me via email in advance, if you anticipate missing a class, or the need to leave early or arrive late. 3. Please turn off all cell-phones, etc. while in the classroom. 4. Please minimize conversation with other students during class sessions. These side discussions are very distracting to your fellow students. ACADEMIC ETHICS In order for you to be a successful and respected business professional; you must have high standards of honesty and integrity. These qualities are also expected of you in this class. Please review the universitys standards on academic ethics. Cheating and other forms of dishonesty, including plagiarism and copying work from other students (whether they are a current or former student), on exams, quizzes, cases, etc. will not be tolerated in this class; disciplinary action will be taken if you are caught engaging in such activities. Students are expected to know their rights and responsibilities under the Academic Conduct Policy available from the Office of Academic Affairs at the following website: http://www.uwb.edu/academic/policies/Academic_Conduct.xhtml . ACCOMMODATIONS FOR DISABLED STUDENTS If you believe that you have a disability and would like academic accommodations, please contact Disability Support Services at 425-352-5307, 425-352-5303 TDD, 425-352-3581 FAX, or at dss@uwb.edu . They will be happy to provide assistance. You will need to provide documentation of your disability as part of the review process.