{"id":1863,"date":"2017-07-01T15:38:42","date_gmt":"2017-07-01T20:38:42","guid":{"rendered":"http:\/\/ndsbmcp.org\/?page_id=1863"},"modified":"2025-04-15T15:25:08","modified_gmt":"2025-04-15T20:25:08","slug":"auditing","status":"publish","type":"page","link":"https:\/\/www.ndsbmcp.org\/index.php\/auditing\/","title":{"rendered":"Audit Preparation and Internal Controls"},"content":{"rendered":"<h3 style=\"text-align: center;\"><strong><span style=\"color: #000000;\">About the Instructor<\/span><\/strong><\/h3>\n<h5><strong><span style=\"color: #000000;\">Will Swanson<\/span><\/strong><\/h5>\n<p><span style=\"color: #000000;\">Will Swanson is a certified public accountant (CPA) who currently works as the Director of Accounting at Bismarck Public School District.\u00a0 Prior to being employed with the school,\u00a0 Will worked at a public accounting firm, Brady Martz, as an audit manager.\u00a0 In that job he specialized in overseeing audits of governmental entities, including several school districts in the state.\u00a0 <\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\"><span style=\"color: #000000;\"><strong>Important Course Dates<\/strong><\/span><\/h3>\n<p><span style=\"color: #000000;\"><strong>April 7, 2025<\/strong>: Class begins online<\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>June 8, 2025<\/strong>: Course must be completed by this date.<\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\"><span style=\"color: #000000;\"><strong>Syllabus<\/strong><\/span><\/h3>\n<p><span style=\"text-decoration: underline;\"><strong><span style=\"color: #3366ff; text-decoration: underline;\"><span style=\"color: #0000ff;\"><a style=\"color: #0000ff; text-decoration: underline;\" href=\"https:\/\/www.ndsbmcp.org\/wp-content\/uploads\/2025\/04\/Auditing-Syllabus-2025-1.pdf\">Audit Preparation and Internal Controls Syllabus 2025<\/a><\/span><\/span><span style=\"color: #3366ff; text-decoration: underline;\"><a href=\"https:\/\/www.dropbox.com\/s\/k59zz19ibqbftj5\/Financial%20Accounting%20Book%20Pages%20249-259.pdf?dl=0\"><br \/>\n<\/a><\/span><\/strong><\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\"><span style=\"color: #000000;\"><strong>Online Lectures<\/strong><\/span><\/h3>\n<p><span style=\"color: #000000;\">Each lecture has voice recordings that go with the PowerPoint presentation. Please turn your volume on to hear the voice recordings. The recordings should automatically play on each slide when you click to advance.\u00a0 Do not advance the slide until the recording is done. Each lecture will take approximately 30 minutes to listen to.<\/span><\/p>\n<p><span style=\"color: #000000;\">The questions for each lesson are located towards the end of the slide show. Please e-mail your responses to the questions to<\/span> <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"mailto:will_swanson@bismarckschools.org\"><strong>will_swanson@bismarckschools.org<\/strong><\/a><\/span> <span style=\"color: #000000;\">by May 31, 2024. Answers to lecture questions can e-mailed individually as you complete each lesson, or all together with any other required assignments &#8211; whichever you prefer.<\/span><\/p>\n<p><span style=\"color: #0000ff;\"><strong><a style=\"color: #0000ff;\" href=\"https:\/\/www.ndsbmcp.org\/wp-content\/uploads\/2025\/04\/Lesson-1-Audit-Preparation-2025.pptx\">Lesson 1 &#8211; Audit Preparation 2025<\/a><\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">Question 1: 10 points<\/span><\/p>\n<p><span style=\"color: #000000;\">Question 2: 20 points<\/span><\/p>\n<p><span style=\"color: #0000ff;\"><strong><a style=\"color: #0000ff;\" href=\"https:\/\/www.ndsbmcp.org\/wp-content\/uploads\/2025\/04\/Lesson-2-Evaluating-Audit-Results-2025.pptx\">Lesson 2 &#8211; Evaluating Audit Results 2025<\/a><\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">Question 1: 10 points<\/span><\/p>\n<p><span style=\"color: #000000;\">Question 2: 15 points<\/span><\/p>\n<p><span style=\"color: #000000;\">Question 3: 10 points<\/span><\/p>\n<p><span style=\"color: #0000ff;\"><strong><a style=\"color: #0000ff;\" href=\"https:\/\/www.ndsbmcp.org\/wp-content\/uploads\/2025\/04\/Lesson-3-Internal-Controls-2025.pptx\">Lesson 3 &#8211; Internal Controls 2025<\/a><\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">Question 1: 25 points<\/span><\/p>\n<p><span style=\"color: #000000;\">Question 2: 10 points<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><strong><span style=\"color: #000000;\">TOTAL POINT FROM LECTURE ASSIGNMENTS: 100 points<\/span><\/strong><\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: center;\"><span style=\"color: #000000;\">Assigned Reading<\/span><\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #0000ff;\"><strong><a style=\"color: #0000ff;\" href=\"https:\/\/www.ndsbmcp.org\/wp-content\/uploads\/2024\/03\/Long-Island-Fraud-Case-Reading.pdf\">Long Island Fraud Case<\/a><\/strong><\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\"><strong><span style=\"color: #000000;\">Assignments<\/span><\/strong><\/h3>\n<p><span style=\"color: #000000;\">Please note that there are two separate final writing assignments below.\u00a0 Be sure to complete BOTH assignments.<\/span><\/p>\n<ul>\n<li><span style=\"color: #000000;\">Provide a one page paper regarding each of the following items from the required reading. Submit assignment to<\/span> <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"mailto:will_swanson@bismarckschools.org\"><strong>will_swanson@bismarckschools.org<\/strong><\/a> <\/span><span style=\"color: #000000;\">by May 31. (50 points)<\/span>\n<ul>\n<li><span style=\"color: #000000;\">For the article on the Long Island fraud case, summarize some of the issues that occurred in the fraud discovered. Then, provide me with your opinion on some of the internal controls that the school should have had in place that would have caught the fraud.<\/span><\/li>\n<\/ul>\n<\/li>\n<li><span style=\"color: #000000;\">Hopefully this course has helped you learn more about what internal controls are and has given you ideas on new internal controls you could implement. To show you have an understanding of the internal controls in place at your school district, I would like you to write a summary on some of the internal controls you have over the following areas: cash disbursements, cash receipts, payroll.\u00a0 Also, please provide an idea for an internal control you would like to implement in the future for your school district.\u00a0 Submit assignment to<\/span> <a href=\"mailto:will_swanson@bismarckschools.org\"><strong><span style=\"color: #0000ff;\">will_swanson@bismarckschools.org<\/span><\/strong><\/a> <span style=\"color: #000000;\">by May 31<\/span><span style=\"color: #000000;\">. (50 points)<\/span><\/li>\n<\/ul>\n<hr \/>\n<h3><span style=\"color: #000000;\"><strong>Questions<\/strong><\/span><\/h3>\n<p><span style=\"color: #000000;\">Questions about the course? Email:<\/span> <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"mailto:will_swanson@bismarckschools.org\"><strong>will_swanson@bismarckschools.org<\/strong><\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>About the Instructor Will Swanson Will Swanson is a certified public accountant (CPA) who currently works as the Director of &hellip; <a class=\"more-link\" href=\"https:\/\/www.ndsbmcp.org\/index.php\/auditing\/\">Read more &raquo;<\/a><\/p>\n","protected":false},"author":239,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"fullwidth.php","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/www.ndsbmcp.org\/index.php\/wp-json\/wp\/v2\/pages\/1863"}],"collection":[{"href":"https:\/\/www.ndsbmcp.org\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.ndsbmcp.org\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.ndsbmcp.org\/index.php\/wp-json\/wp\/v2\/users\/239"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ndsbmcp.org\/index.php\/wp-json\/wp\/v2\/comments?post=1863"}],"version-history":[{"count":51,"href":"https:\/\/www.ndsbmcp.org\/index.php\/wp-json\/wp\/v2\/pages\/1863\/revisions"}],"predecessor-version":[{"id":5986,"href":"https:\/\/www.ndsbmcp.org\/index.php\/wp-json\/wp\/v2\/pages\/1863\/revisions\/5986"}],"wp:attachment":[{"href":"https:\/\/www.ndsbmcp.org\/index.php\/wp-json\/wp\/v2\/media?parent=1863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}