Columbus State University
Turner College of Business
MISSION STATEMENT
•
Please refer to http://cob.colstate.edu/mission.asp
Term:
Spring 2008
Course and CRN:
Course Title:
Catalog Description:
ACCT 4156 CRN 20459
Internal Auditing
Theory and practice of internal auditing, including financial, operational,
performance and compliance audits, and auditing of computer-based systems.
This course is intended for accounting majors pursuing professional careers in
fields other than public accounting and is an elective for non-accounting,
business majors.
Detailed Description:
Prerequisites:
Corequisites:
Meeting time and place:
Instructor:
Office:
Office hours:
Telephone:
E-mail:
Text and Required:
Recommended
Materials:
Assessments and
Grading:
ACCT 3111 with a grade of “C” for better.
BUSA 3115 and MGMT 3115
TR 11 – 12:15 pm
CCT 352
Dr. Rita C. Jones, CMA
CCT 330
TR 2 – 4:30 pm and other times by appointment. There will be no scheduled
office hours after the last day of classes.
Office and voicemail: 706-562-1661
FAX: 706-568-2184
jones_rita@colstate.edu
(1) The Essential Handbook of Internal Auditing (K. H. Spencer Pickett)
Published by Wiley, 2005; (2) Computer-Assisted Auditing with Microsoft
Great Plains Dynamics; Published by Thomson/South-Western 2003; (3)
Scantron for each exam; and (4) Access to a computer to complete
assignments and check CougarNET and CougarVIEW (VISTA) daily.
Off-campus access to a computer to complete assignments and check
CougarNET and CougarVIEW (VISTA) daily.
Homework: Project should be worked as completely as possible prior to the
class period they are due. Questions regarding projects, homework, or
components of the class in general, should be posted on the discussion board of
CougarVIEW. The Instructor will post responses there as well. Feel free to ask
questions during class to clarify concepts that are unclear to you.
Team Project participation will be required from each student. The selection of
Team members will take place during the first class meeting, and the teams will
then remain intact for the semester. Depending on the number of students in the
class, each team will ideally have 2-3 members. Each Team member will earn
an individual grade on the Oral Presentation. Each person is expected to: speak
for 10 minutes; include both project information and other research related to the
project; include visual aids as appropriate. (Additional grading criteria will be
discussed in class). An Intra-team Project Evaluation will be completed by each
student regarding each of their Team members and will be submitted,
confidentially and in writing, to the Instructor. (Forms will be provided by the
Instructor.)
The course grade will be based on a 10-pt. scale of the percentage of the points
earned based on the following points offered:
Exam I
100 POINTS
Exam ll
100
Oral Presentation of Project
50
Intra-team Project Evaluations
50
Projects
50
Class Participation during Presentations
25
TOTAL
375
The instructor reserves the right to modify the above distribution.
BBA GOALS
Knowledge of Internal
Auditing-ACCT 4156
Successful students in ACCT 4156 will:
1. Demonstrate an understanding of Corporate Governance as it relates to
internal auditing.
2. Demonstrate an understanding of risk management for businesses.
2
3. Demonstrate a proficiency in the use of the terminology and acronyms that
apply to the field of internal auditing.
4. Demonstrate an understanding of the application of Internal Controls as they
apply to an Internal Auditing system.
5. Demonstrate an understanding of how an audit strategy is achieved via audit
field work is applicable to a business environment.
Proficiency in Critical
Student Caveat: Components of this course are less structured than many
courses. Students are expected to take responsibility in times of uncertainty.
Thinking and DecisionIn addition, students will be asked to analyze the accounting and auditing
making Skills:
issues in the project and apply the course concepts in their homework, class
discussions, and presentations. Students are to evaluate their peers’
performance both as Intra-group members and as public speakers.
Students are expected to write extensively in the projects, research and
Proficiency in Oral and
presentation for the course. In addition, students are expected to use discussion
Written Communication:
boards on CougarVIEW to post questions about course material.
Students are encouraged to ask questions in class and will speak formally
during their oral presentation of the project.
Students will explore various ethical issues brought out in the course readings
Awareness of ethical,
(Ch. 5) and in additional material supplied by the instructor.
global, and diversity
International accounting practices will be discussed as they apply to
issues in business:
assignments, but will not comprise a significant portion of the class material.
Students will have access to a computer either on or off campus. The course
Ability to use computer
syllabus along with other contents in the course will be setup on CougarVIEW
technology within the
(VISTA). Notices and homework are posted on the syllabus, but changes may be
contest of business:
posted on the discussion boards. It is the student’s responsibility to check their
accounts on both CougarNet and CougarVIEW on a daily basis. Students will
use Word and Excel and, possibly, Access, to complete their projects and other
outside assignments.
POLICIES AND CONDUCT OF COURSE
Students are expected to comply with the provisions of Section III, "Student
Academic integrity:
Responsibilities," of the Columbus State University Student Handbook. This
specifically includes the sections on "Academic Irregularity," and "Conduct
Irregularity." In particular, the Columbus State University Student Handbook
states:
No student shall give or receive assistance in the preparation of any
assignment, essay, laboratory report, or examination to be submitted as a
requirement for any academic course in such a way that the submitted
work can no longer be considered the personal effort of the student
submitting the work.
Attendance will be taken in class. A seating chart will be prepared the first
Attendance:
week of class. Attendance is optional for Project Consultation class days. All
other class days, attendance will be taken.
A student may miss 2 classes without being penalized. After missing 2
classes, points will be deducted from the student’s class participation
grade. The maximum cuts for this class is 7.
You are prohibited from bringing activated electronic devices to class which
may disturb the class. This includes, but is not limited to, pagers, cell phones,
noisy calculators, and alarm watches. A violation of this policy may result in
points being deducted from your grade.
Examinations may include problems, discussion questions, and/or "objective"
Examinations:
(multiple choice, etc) questions. Make-up exams will be permitted only if caused
by illness or by verifiable, job-related circumstances, and if approved in advance.
Proper written documentation must be presented from the student in a timely
manner for a Make-up exam to be granted. Make-up exams will only be given
during the final exam period.
UNLESS SPECIFICALLY AUTHORIZED, THE USE OF REFERENCE
MATERIALS OR ASSISTANCE FROM OTHER PERSONS IS NOT
PERMITTED DURING EXAMINATIONS. You may NOT leave the classroom
and return during an exam, and you may NOT use graphing or cell phone
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calculators. You may not wear a hat with a brim during exams.
As soon as exams are graded, the grades will be posted on CougarVIEW
(VISTA), but grades will not be given out over the phone or to anyone other than
the student.
ADMINISTRATION
Disabilities:
Withdrawal:
Examination Retention:
ASSIGNMENT SCHEDULE
DATE
JAN.
8
10
15
17
22
24
29
31
FEB.
5
7
12
14
19
21
26
28
MAR. 4 and 6
11
13
18
20
25
27
APR. 1
3
8
10
15
17
22
24
MAY
1
ADA Statement: If a student has a documented disability as described by the
Rehabilitation Act of 1973 (P.L. 933-112 Section 504) and Americans with
Disabilities Act (ADA) that may require that student to need assistance attaining
accessibility to instructional content to meet course requirements, it is
recommended that the student contact the Office of Disability Services in the
Academic Support Center, Tucker Hall (706) 568-2330 as soon as possible.
The Office of Disability Services can assist the student and the instructor in
formulating a reasonable accommodation plan and provide support in developing
appropriate accommodations for the disability. Course requirements will not be
waived but accommodations may be made to assist the student in meeting the
requirements. Technical support may also be available to meet the student’s
specific need.
The last date for withdrawal without receiving a grade of WF is
February 1, 2008.
A grade of "W" will be assigned for withdrawal forms submitted to the Registrar
by the "W" Grade Deadline unless a grade of "WF" has already been assigned by
the instructor for excessive absence. A grade of "WF" will be assigned for
withdrawal forms submitted to the Registrar after the deadline noted above.
Graded examinations will be kept on file no longer than one semester following
the completion of the current semester. Any requests for grade reconsideration
or grade appeals must be made within this time period.
ASSIGNMENT/HOMEWORK
INTRODUCTION, Review Syllabus, and Team Selection
Ch. 1
Introduction to Internal Auditing
Project Consultations
Ch. 2
Corporate Governance Perspectives
Project Consultations
Ch. 3
Managing Risk
Project Consultations
Ch. 4
Internal Control
Feb. 1 is last day to withdraw from course
Project Consultations
Ch. 5
The Internal Audit Role
Project Consultations
Review Ch. 1 - 5 and Team meetings
EXAM I Ch. 1 – 5
Ch. 6
Professionalism
Project Consultations
Ch. 7
The Audit Approach
Midterm Feb. 28
SPRING BREAK! ☺
Team meetings
Ch. 8
Setting an Audit Strategy
Project Consultations
Ch. 9
Audit Field Work
Review Ch. 6-9 and Team meetings
EXAM II Ch. 6 – 9
Team meetings
Advising Mar. 31-Apr. 4
Projects and Intra-team Evaluations Due
PreRegister Apr. 7-28
Oral Presentations
Oral Presentations
Outside Assignment
Outside Assignment
Oral Presentations
Oral Presentations
FINAL EXAM
Thurs. 10:30 – 12:30 pm