Advanced Auditing, Business Law and Professional Responsibilities

• Planning and Audit Objectives
  
  
• Introduction to Generally Accepted Auditing Standards
• Determining Nature and Scopes of Engagement
  
  
• Audit Risk
  
  
• Engagement Risk, Inherent Risk and Internal Control Risk
• Errors, Fraud and Illegal Acts
  
  
• Materiality
  
  
• Internal Controls
  
  
• Other Planning Matters
  
  
• Dependence on Other Independent Auditors
• Utilizing the Work of a Specialists
• Client's Internal Audit
• Related Parties and Related Party Transactions
  
  
• Financial Statements Assertions
  
  
• Introduction to Assertions
• Auditing Balance Sheet and Income Statement Accounts
  
  
• Gathering and Documenting Audit Evidence
  
  
• Testing Internal Controls
• Analytical Procedures
• Substantive Tests of Details
• Computer Assisted Audit Techniques
  
  
• Assurance and Types of Communications
  
  
• Audit Versus Review and Other Forms of Assurance
• Reports
• Other Communications
  
  
• The Accountants Professional and Legal Responsibilities
  
  
• Codes of Professional Conduct
• Professional Provincial/Federal Disciplinary Bodies
• Statutory Liabilities
• Common Law Liabilities to Clients and External Parties
• Due Diligence Responsibilities
• Responsibilities in Other Professional Services
• Confidentiality Responsibilities (Privileged Communications)
• Professional Accountants' Obligation to Business, Industry and the Public Sector
• Trustee and Director Responsibilities and Liabilities
  
  
• Contract Law
  
  
• Formation
• Performance
• Third Party Assignments
• Breach, Discharge and Remedies
  
  
• Debtor-Creditor Issues
  
  
• Rights, Duties and Responsibilities
• Guarantors
• Bankruptcy and Insolvency
  
  
• Commercial Issues
  
  
• Negotiable Instruments
• Sale of Goods
• Securities Transactions
• Title Documents
  
  
• Property Law
  
  
• Real Property
• Insurance
• Personal Property
  
  
• Government Regulation of Organizations
  
  
• Federal and Provincial Securities Acts
• Labour Legislation
• Environment Law
• Special Topics
  
  
• Electronic Data Processing
• E-Business
• Ethics and Liability
• Estates, Trusts and Wills
• Continuing Power of Attorney, Substitute Decisions Act and Trustee Act