Many organizations are audited by independent public accountants. The purpose of an audit is to express an opinion on the fairness of presentation of financial information prepared by management. An audit enhances the value of financial information by making it more trustworthy and credible. In this multi-part course, we are going to learn how public accountants plan and execute an audit. The course is broken into four sections as follows: Section I: An overview of the financial statement audit Section II: Auditing principles Section III: Internal controls and fraud controls Section IV: Auditing cycles and audit completion Field of Study: Auditing