This course provides an intensive conceptual and applied introduction to auditing in society. It focuses on concepts and applications related to financial-statement auditors’ professional responsibilities as well as major facets of the audit process including risk assessment and audit reporting. In the U.S. financial-statement audits and related services generally are provided by Certified Public Accountants (CPAs). To succeed in this course, you should anticipate engaging in critical thinking and thoughtful communication about audit professionals' decision environments, decision processes, and deliverables. Additionally, you should understand the macro-level learning objectives in each of the course's weekly modules.
Auditing I: Conceptual Foundations of Auditing
Seize the savings! Get 40% off 3 months of Coursera Plus and full access to thousands of courses.
Auditing I: Conceptual Foundations of Auditing
Instructor: Mark E. Peecher, PhD, CPA
70,751 already enrolled
Included with
Gain insight into a topic and learn the fundamentals.
710 reviews
Intermediate level
Some related experience required
Flexible schedule
3 weeks at 10 hours a week
Learn at your own pace
96%
Most learners liked this course
What you'll learn
Describe the independent auditing process and what drives the demand for and supply of audits.
Identify the different types of audit assertions and understand how the nature of assertions affects the demand for independent audits.
Define the key steps of financial-statement auditing.
Describe an auditors’ professional and ethical responsibilities.
Details to know
Shareable certificate
Add to your LinkedIn profile
Assessments
34 assignments
Taught in English
See how employees at top companies are mastering in-demand skills
There are 8 modules in this course
Build toward a degree
This course is part of the following degree program(s) offered by University of Illinois Urbana-Champaign. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹
Instructor
Instructor ratings
(242 ratings)Offered by
Explore more from Business Essentials
Status: PreviewUniversity of Illinois Urbana-Champaign
Status: PreviewUniversity of Illinois Urbana-Champaign
Status: Free Trial
Status: Free Trial
Why people choose Coursera for their career
Felipe M.
Learner since 2018
"To be able to take courses at my own pace and rhythm has been an amazing experience. I can learn whenever it fits my schedule and mood."
Jennifer J.
Learner since 2020
"I directly applied the concepts and skills I learned from my courses to an exciting new project at work."
Larry W.
Learner since 2021
"When I need courses on topics that my university doesn't offer, Coursera is one of the best places to go."
Chaitanya A.
"Learning isn't just about being better at your job: it's so much more than that. Coursera allows me to learn without limits."
Learner reviews
- 5 stars
78.02%
- 4 stars
17.60%
- 3 stars
1.83%
- 2 stars
0.56%
- 1 star
1.97%
Showing 3 of 710
AR
Reviewed on Sep 8, 2023
I gain more knowledge about auditing and this course can help me as an accountancy student. Thank you! It is satisfying to receive certificate.
RA
Reviewed on Jul 28, 2025
I had a great experience with prof. Mark. A big thank you. Hopefully we can meet one day. Good luck Prof.
MS
Reviewed on Jul 9, 2023
I really enjoyed the course content and the illustrations/scenarios used by the Professor. He is such a genius. Get him more on Coursera, Please !
Open new doors with Coursera Plus
Unlimited access to 10,000+ world-class courses, hands-on projects, and job-ready certificate programs - all included in your subscription
Advance your career with an online degree
Earn a degree from world-class universities - 100% online
Join over 3,400 global companies that choose Coursera for Business
Upskill your employees to excel in the digital economy