Auditing Syllabus

COURSE DESCRIPTION: The course is designed to provide the student with a basic understanding of all aspects of International Accounting. These include Comparative International Accounting, International Financial Reporting and Auditing Standards, Financial Statement Analysis, Managerial Accounting, Taxation, and Auditing.

Text: INTERNATIONAL ACCOUNTING, Doupnik & Perera, McGraw-Hill, 2007, ISBN 13: 978-0-07-250775-1

Wall Street Journal, Special 10 week print and on-line student subscription ($19.95).

WEEK OF	Topic	Chap	Assignments
1-30	Introduction		"Is America Number One?"
2-6	International Accounting Worldwide Accounting Diversity	1/2	MC
2-13	International Harmonization Of Financial Reporting	3	Biography due (2-15) P- 9, C- 3
2-20	International Financial Reporting Standards	4	MC; P- 2, 7
2-27	Comparative Accounting	5	MC; P- 4, C- 1
3-6	Foreign Currency Transactions & Hedging Risk	6	MC; C- 2
3-13	Translation of Foreign Currency Financial Statements	7	MC; C- 1
3-27	Mid-Term Exam
4-3	Financial Reporting: Inflation/Consolidation/Segments	8	MC; P- 4
4-10	Analysis of Foreign Financial Statements	9	MC; C- 1
4-17	International Taxation & Transfer Pricing	10/11	MC
4-24	Strategic Issues: Budgeting/Performance Evaluation	12	MC; P- 4, C- 2
5-1	International Auditing	13	MC
5-8	Presentations
5-15	Presentations

ACADEMIC AND PERSONAL INTEGRITY: We do not lie, cheat, steal, or tolerate those who do.

ASSIGNMENTS: The specific assignments due for each class session will be made during the preceding class. Each student should be prepared discuss the solutions to the assignments on the due dates. ATTENDANCE POLICY: Attendance will be taken at each class meeting. Absences will affect course grades as follows:

WRITING ASSIGNMENT: A written assignment (Bio/Career Objectives) is due on the date indicated. It should be mechanically perfect (grammar, spelling, diction, and usage), content rich, and stylistically appropriate. It should be prepared in MS Word format and submitted as an e-mail attachment.

TOPIC AND PROBLEM/CASE PRESENTATIONS: All students, in groups of four, will make PowerPoint presentations of the specific topics, and one Problem/Case (TBD), in Chapters 3-9 and 12. All presentations will also be submitted via e-mail attachment.

QUIZZES: An on-line quiz on each chapter will be submitted via e-mail prior to the beginning of the coverage of that chapter.

MAKE UP EXAMS: Must be approved in advance of the originally scheduled exam.