Audit, Tax, and Government Accounting

This unit deepens students’ technical knowledge of auditing procedures, accounting for government entities, individual taxation, and business law while introducing exam-focused strategies and CPA licensure requirements. Students will apply accounting methods (including depreciation and accounting changes), evaluate internal controls and audit sampling, and develop actionable study, scheduling, and accommodation plans for CPA exam success.

Learning Objectives

• Analyze and perform appropriate audit procedures and sampling techniques, including use of audit technology and task-based simulations, to evaluate internal controls and evidence for typical engagement scenarios
• Apply governmental accounting principles and related transactions to prepare and adjust financial statements for state and local governments, including accounting for accounting changes and double-declining balance depreciation
• Demonstrate knowledge of individual taxation, bankruptcy, business structures, and relevant business law concepts by preparing calculations and explaining their impact on financial reporting
• Evaluate CPA exam logistics and career requirements by creating a personalized study plan, selecting accommodations as needed, scheduling exams, and comparing the CPA credential to other professional designations