400

Focusing on the theory, practices and techniques of auditing, with an emphasis on external auditing as performed by Certified Public Accountants, this course covers generally accepted auditing standards, audit reports, audit programs, the nature of audit evidence, audit sampling, audit techniques and internal controls.

Students examine the general theory of federal income taxation, with primary concentration on taxation of individuals. Emphasis is on understanding and interpreting the law.

The study of federal income tax law as it applies to partnerships, corporations and fiduciaries. Internal Revenue procedures and taxpayer rights and responsibilities are also examined, as well as best practices and current tax issues and problems.