This course is essential for acquainting oneself with audit practices, theory, and financial auditing issues from the perspectives of management, accountants, internal auditors, audit committees, and external auditors. Students will learn the advanced auditing process for applying auditing principles to specialized institutions.

Upon completion of the course, students should be able to fulfill several tasks that require competency in the following areas:
CLO 1: Appraise auditing process at advanced level.
CLO 2: Justify the financial statement of specialized organizations.