Realauditcom

Description

1. There are a variety of ways to familiarize yourself with the Real Audit™ simulation. First, the original Real Audit™ is a financial statement auditing simulation. The client is private and while internal controls are considered in planning, the audit takes a full substantive approach. It comes in a lite version (which includes planning, AR, and FA for $14.95) or the full (which has planning, AR, FA, INV, and AP for $19.95). Real Audit 2: The SOX Era (our newest simulation) is an internal control auditing simulation. The client is public and the audit covers the five phases of a SOX 404 audit only and can be added to the lite or full version for $6.95 (it includes a 10-K, but no audit of the financial statements). You can see some screen shots and get an overview of these versions by clicking Simulations on the top menu and then reading through the respective sections. After you have acquired a general overview, you can request a demo copy of the software which comes with a user manual. The user manual provides a nice explanation of how students obtain their accounts online and then download and install the software. It also discusses the game tutorial and provides an overview of the simulation game itself. After reviewing the user manual, download and install the software and spend about an hour going through the game tutorial, gathering some evidence, conducting some interviews, and using the audit program. 2. To request an evaluation of the software, please click on the Request Demo link on the menu to the left. 3. To get some specific ideas about how faculty have integrated the simulation into their undergraduate and graduate auditing classes, select implementation guide on the menu to the left. You should also read the instructions to students section below. 4. Should you decide to adopt the simulation, please click on Adoptions to the left and follow the instructions. 5. After adopting the software, you will need to provide your students with the ordering information and getting started directions provided at the bottom of the adoptions page. You should copy and edit that information by left clicking and selecting all of the ordering and getting started instructions and then right clicking to copy it to your wordprocessor. After copying it, right click again in your wordprocessor and paste it. Now you can edit it for your students. Please note that the lite version (a financial statement audit with planning, accounts receivable and fixed assets) is only $14.95 but excludes inventory, accounts payable, and completing the audit while the full version is $19.95 and includes all features. There is also a SOX 404 audit of internal control called Real Audit 2: The SOX Era™, which includes a whole new publicly-held client and the internal control portion of an integrated audit only. The SOX 404 simulation can be purchased as a standalone simulation for $16.95 or it can be added to the lite of full version for $6.95 (addon not recommended for first time adopters with undergraduate courses). RealAudit.

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