uwloo

AFM 351Audit Strategy

Faculty
Arts
Last listed
Spring 2021

No longer offered. It was in Waterloo’s course catalog since at least Winter 2020 (as far back as Open Data goes) to Spring 2021 and last ran in Spring 2021. It isn’t in the 2024–25 or later calendars.

When it ran

  1. W20
  2. S20
  3. S21

Ran in 3 terms, Winter 2020 to Spring 2021.

An examination of elements of audit strategy and their interrelationships, including financial assertions, types and sources of audit assurance, and evidence-gathering procedures within a framework of professional judgment.

Requirements, as last listed

Prereq: AFM 391; Accounting and Financial Management, Computing and Financial Management, Biotechnology/Chartered Professional Accountancy, or Mathematics/Chartered Professional Accountancy students

In today’s calendar

  • AFM 445 lists it in its requisites
  • AFM 451 lists it as an antirequisite

Reviewed on UW Flow

53% liked it38% easy75% useful

From 17 ratings and 2 comments on UW Flow. The most helpful comments, quoted as written, without names. Read them all on UW Flow.

  • Contrary to what others say, Linda has a unique way of caring for students. She appears to be grumpy and harsh on purpose but she is really very nice and wants her students to do well. Her teachings are really good and she explains things very well. Her experiences and knowledge are vast and will always give you a satisfactory answer if you ask her questions. One thing I'd like to complaint though, she's almost too nice that those (and every class there are some) annoying kids always just ask stupid questions to gain participation marks. Participation was only 5% for our year but she would never stop the stupid people from asking stupid questions, it wastes a lot of class time and people…

    Aug 2016 · liked it · 2 found this helpfulOn UW FlowRemove this

  • Not a bad course. Teaches you about the theory of audit. Exams are case based so make sure you understand the topics and know how to apply them. If you worked in audit during co-op this course should not be hard at all.

    Aug 2018 · liked itOn UW FlowRemove this

Discussed on r/uwaterloo

11 posts and comments in 10 threads mention AFM 351, July 2012 to December 2024. Quoted word for word, newest first; each reply sits under the post and the comment that started its branch. Search r/uwaterloo for newer posts.

Fall 2020

Retake AFM 291 2 points, 11 comments

“Hi, I'm a fourth year Math/CPA student. Unfortunately, my grade for AFM 291 was 58% after second try. As I'm entering my 4B term, I want to know what options I have in order to get a grade above 60% …”

u/pwcunt: “I don't think 291 is a basket course for the MAcc application, is it possible for you to apply UW Macc? …”

u/RMfollower: “… I still need to take AFM 341, 351, 401, 462, 479, 482, 491, and I will take 401, 462, 479, 482 and 491 this term. So I think my cumulative GPA might be at least 75% after this term. Why the MAccFin is not that good? …”

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Spring 2020

Winter 2020

Waterloo AFM vs Math/CPA? 9 points, 16 comments

“I have seen a few posts about these two programs, and it seems that there are mixed opinions, but the general consensus seems to be that AFM students tend to be more cliquey and the social …”

u/ProButtSnorkler: “Some of the info below is from advisors and some of it is from people I know in both programs: - apply to math/cpa because if you end up not liking the math side you can transfer to AFM apparently no …”

u/student073: “… For example, it seems like for Math/CPA you'd need AFM 341, 351, 362, 363, 401, 462, 479, 481, 482, etc, while AFM needs AFM 111, 112, 121, 241, 244, 280, 373, etc. Why is it that they have different required AFM courses and what are the main differences? …”

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Spring 2019

Winter 2019

Spring 2018

AFM or BBA/CS 4 points, 9 comments

“Hi! I have been accepted into both AFM and UW CS/WLU BBA for fall 2018 but I am conflicted between what program to choose. I understand that both programs are quite different. …”

u/ThatCoxKid: “Hi! I'm not in either program (I'm in FARM) but looking in my first and second year I used to think that CS/BBA would have been a great program to pursue. …”

u/Spiner202: “… Edit: looks like they got rid of INTST 101, AFM 341 (surprising given the way things are moving; even if this course wasn't overly useful), all 3 tax courses, AFM 351, 479, 481, 482, and 401. …”

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Fall 2017

PSA: UWCourseLinker back up, disabled by default, call with [[course code]] 39 points, 31 comments

u/RayDWatson: “Testing all course codes 1/61: [[ACC604]] [[ACC605]] [[ACC606]] [[ACC607]] [[ACC608]] [[ACC609]] [[ACC610]] [[ACC611]] [[ACC620]] [[ACC621]] [[ACC622]] [[ACC623]] [[ACC624]] [[ACC625]] [[ACC626]] …”

u/RayDWatson: “… [[AFM323]] [[AFM328]] [[AFM329]] [[AFM331]] [[AFM332]] [[AFM333]] [[AFM341]] [[AFM344]] [[AFM351]] [[AFM352]] [[AFM361]] [[AFM362]] [[AFM363]] [[AFM371]] [[AFM372]] [[AFM373]] [[AFM382]] [[AFM391]] [[AFM401]] [[AFM411]] [[AFM412]] [[AFM415]] [[AFM416]] [[AFM417]] [[AFM418]] …”

u/UWCourseLinker: “… AFM 341 - Accounting Information Systems AFM 344 - Introduction to Business Analytics AFM 351 - Audit Strategy AFM 352 - Comprehensive/Operational Auditing AFM 361 - Taxation 1 AFM 362 - Taxation 1 - Foundations AFM 363 - Taxation 2 - Integration AFM 371 - Managerial Finance 2 …”

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Fall 2016

Spring 2012

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