SYLLABUS

Auditing Fall 2016

ACCT 4341-01: Wednesday 1:00-3:50pm
ACCT 4341-02: Wednesday 7:00-9:50pm

Instructor: Dr. Maggie Hao

Office: Bayou Building, Room 3-237
Phone: 281-283-3163
Office Hours: 11am-2pm on Friday, 4-7 pm on Wednesday, and by appointment.
E-Mail: hao@uhcl.edu

I would like your work in this course to be a challenging, rewarding and pleasant experience. I am here to
assist in every reasonable way. Please request this assistance as you need it but don’t wait until the last
few days before an exam.

Course Materials:
Required: 1) Principles of Auditing and Assurance Services – An Integrated Approach, 16th
Edition, by Arens, Elder, Beasley & Hogan; Publisher: Pearson.
ISBN-13: 978-0134065823
Website: https://www.pearsonhighered.com/program/Arens-Auditing-and-
Assurance-Services-Plus-My-Accounting-Lab-with-Pearson-e-Text-Access-
Card-Package-16th-Edition/PGM337109.html

2) NCS Answer Sheets — Form 4521 (one for each exam)

Course Pre- or Co-requisites:

Acct 4431/5137: ACCT 3432 (must be completed) and ACCT 4332 (can be concurrently enrolled)

Course Objectives and Learning Outcomes:

The objective of this course is to introduce students to the basic concepts and standards of
auditing and attest engagements.

Upon the completion of the course, students should be able to:

1. Identify and assess audit risk and other risks which affect audits.
2. Identify and understand basic auditing and attestation concepts and standards.
3. Demonstrate critical thinking skills utilizing professional concepts and standards.

Strategies to Achieve Above Objectives:

Course Activity Course Objective(s) Assessment

Examinations 1, 2, 3 Instructor graded
Standards Research 1, 3 Instructor graded
Competency Assessment 3, 4 Instructor graded

Course format:
The course will be taught using a combination of lecture and class discussions. Students are
expected to read assignments prior to class. Participation in classroom discussions is expected
of all students.

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 Method of Evaluation:
Grades will be assigned based on the total number of points earned during the semester. Points
are allocated as follows:

ACCT 4341
2 regular examinations (100 points each) 200
Take home tests on following topics: Chapter 3, Chapter 4, 40
Chapter 25 and Chapter 26
Final Exam (Comprehensive) 100
Total Possible Points 340

Guidelines for course grade determination:

93.6-100 =A 88.0-89.9 = B+ 78.0-79.9 = C+ 65.0-69.9 = D+ Below 60 = F

90.0-93.5 =A- 83.0-87.9 = B 73.0-77.9 = C 60.0-64.9 = D

80.0-82.9 = B- 70.0-72.9 = C-

Examinations:
You must take exams during the regularly scheduled time period for the section in which
you are enrolled. In this course, the final exam must be taken and it can be used to
replace the lowest score for one of the two regular exams. At the end of the semester, your
final exam score will be compared with the lowest of the regular exams. If your final exam score
is higher than the lowest regular exam score, then the lowest regular exam score will be replaced
by the final exam. If you miss a regular exam, the final exam will NOT count in place of the
exam you miss. The final exam can replace only ONE of the regular exams.

All exams are closed book/closed notes. You must take the final exam in the course. It is not
optional. The exams will begin at the beginning of your regular class time. The exams will be
composed of 100% objective questions (multiple choice; true/false; matching).

The exam grades will be posted on Blackboard as soon as they are completed - the anticipated
day/time will be announced when you take the exam. You may review your exam results during
the semester by making an appointment during my office hours. Your exams will also be
available for you to review in class the last class meeting before final exams.

Bonus Points:

A number of pop quizzes will be conducted during the semester. Each quiz counts 3-5 points, which will
be added to your gross total as bonus points. Then the gross total will be converted to percentage to
determine your grade.

1. Academic Honesty: The Academic Honesty Policy at UHCL (found on the Dean of Students’ website, the
Faculty Handbook, the Student Handbook, the Senior Vice President and Provost’s website, the Graduate Catalog,
and the Undergraduate Catalog) states: Academic honesty is the cornerstone of the academic integrity of the
university. It is the foundation upon which the student builds personal integrity and establishes a standard of
personal behavior. Because honesty and integrity are such important factors in the professional community, you
should be aware that failure to perform within the bounds of these ethical standards is sufficient grounds to receive
a grade of "F" in this course and be recommended for suspension from UHCL. The Honesty Code of UHCL states
"I will be honest in all my academic activities and will not tolerate dishonesty."
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2. Written Assignments will not be accepted after their assigned due dates.
3. ADVISING: If you have questions concerning degree requirements and your Candidate Plan of Studies, you should
consult an advisor in the SBPA Office of Academic Advising (Bayou Room 2111). However, if you are an accounting
major, I can help you with questions such as which electives to take, sequencing of accounting courses, and career
options. Please stop by in my office hours or contact me by email.
4. CAREER AND COUNSELING SERVICES: UHCL offers counseling services for students. If you have trouble
studying or taking tests; need help selecting a career path; need a job-or whatever might be bothering you-they can
help you figure out a way to find an answer. To find out about the valuable services offered, visit the “STUDENTS”
tab on the UHCL.edu website.
5. SPECIAL ACADEMIC ACCOMMODATIONS - Any individual with a disability who requires special accommodation
should contact the Disability Services Office at UHCL and, after the office has determined the appropriate
accommodation, the student should inform the instructor during the first week of class.
6. Last Day To Drop: The last day to drop/withdraw from this course without grade penalty is listed in the UHCL
catalog. Withdrawals from the course must be filed in the Office of Enrollment Services. Students who stop
attending class without officially dropping the course will receive a failing grade in the course.
7. Attendance policy: Students are expected to attend each class, although attendance is not tracked regularly.
Excess numbers of absences will negatively affect final grade, while extra points are given to those who come to
class regularly.
8. Class assessment: The School of Business may use assessment tools in this course and other courses for
curriculum evaluation. Educational Assessment is defined as the systematic collection, interpretation, and use of
information about student characteristics, educational environments, learning outcomes and client satisfaction to
improve program effectiveness, student performance and professional success.
This assessment will be related to the learning objectives for each course and individual student
performance will be disaggregated relative to these objectives. This disaggregated analysis will not impact
student grades, but will provide faculty with detailed information that will be used to improve courses,
curriculum, and students’ performance.
9. 6 Drop Rule Limitation - Students who entered college for the first time in Fall 2007 or later should be
aware of the course drop limitation imposed by the Texas Legislature. Dropping this or any
other course between the first day of class and the census date for the semester/session does not affect
your 6 drop rule count. Dropping a course between the census date and the last day to drop a class
for the semester/session will count as one of your 6 permitted drops. You should take this into
consideration before dropping this or any other course. Visit www.uhcl.edu/records for more information on
the 6 drop rule and the census date information for the semester/session.

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Class Chapter Topic Assignment Due Dates
8/24 Introduction and 1 The Demand For Audit And Other
Assurance Services
8/31 2&3 Chapter 2 The CPA Profession
Chapter 3 Audit Reports
9/7 3&6 Chapter 3 Audit Reports
Chapter 6 Audit Responsibilities and
Objectives
Student self-study material (no
4&5 Chapter 4 Professional Ethics &
class lectures) – Take Home
(Self-study) Chapter 5 Legal Liability
Quiz posted on Blackboard
9/14 7 Audit Evidence
9/21 EXAM 1 CH 1, 2, 3,6,7
9/28 Chapter 4&5 Take Home Quiz
8 Audit Planning and Materiality
DUE (20 pts)
10/5 Assessing the Risk of Material
9
Misstatement
10/12 Chapter 11 Internal Control and COSO
Framework
11&12
Chapter 12 Assessing Control Risk and
Reporting on Internal Control
10/19 Chapter 10 Assessing and Responding
to Fraud Risk
10&13
Chapter 13 Overall Audit Strategy and
Audit Program
10/26 EXAM 2 CH 8,9,10,11,12, 13
Other Assurance Services Student self-study material (no
25 & 26
Internal and Governmental Financial class lectures) – Take Home
(Self-study)
Auditing and Operational Auditing Quiz posted on Blackboard
11/2 Chapter 15 Audit Sampling for Tests of
Controls and Substantive Tests of
15&17 Transactions
Chapter 17 Audit Sampling for Tests of
Details of Balances
11/9 Audit of the Sales and Collection Cycle:
14 Test of Controls and Substantive Tests
of Transactions
11/16 Completing the Tests in the Sales and
16
Collection Cycle: Accounts Receivable
11/23 Thanksgiving holiday, NO class
11/30 Chapter 23 Audit of Cash and Financial Chapter 25&26 Take Home
23&24 Instruments Quiz DUE (20 pts)
Chapter 24 Completing the Audit
12/7 FINAL FINAL EXAM During regular class
time (Comprehensive)

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