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Current Topics in Auditing: Lecture 1, Introduction
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Current Topics in Auditing: Professor Vasarhelyi
Lecture #1, Introduction
Date: January 19, 2016
Time Stamps:
5:51 Tradition of Audit steps in the Audit
7:55 What is the purpose of a Financial Audit?
10:47 External Audit firms protocol
12:02 Stage of Client Evaluation
12:40 Busy Season
16:32 Risk-based Audit
19:26 Automated Auditing
31:50 Auditing inventory
39:14 Lines of Defense
45:12 No privacy
52:42 High-level technological crime
Summary of Lecture:
In this lecture, Professor Vasarhelyi discusses the importance of the steps in a typical audit, the purpose of a financial audit, internal control evaluation and testing, big data, risk-based audit, and the auditing of inventory.
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Lecture #1, Introduction
Date: January 19, 2016
Time Stamps:
5:51 Tradition of Audit steps in the Audit
7:55 What is the purpose of a Financial Audit?
10:47 External Audit firms protocol
12:02 Stage of Client Evaluation
12:40 Busy Season
16:32 Risk-based Audit
19:26 Automated Auditing
31:50 Auditing inventory
39:14 Lines of Defense
45:12 No privacy
52:42 High-level technological crime
Summary of Lecture:
In this lecture, Professor Vasarhelyi discusses the importance of the steps in a typical audit, the purpose of a financial audit, internal control evaluation and testing, big data, risk-based audit, and the auditing of inventory.
Please subscribe to our channel to get the latest updates on the RU Digital Library.
To receive additional updates regarding our library please subscribe to our mailing list using the following link:
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