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RealAudit.com specializes in simulating the real world and creating technology related educational materials.

If you want to be a "real" auditor in the 21st century, then you have come to the right place. Please use the menu above to learn more about our auditing simulations and other products or to locate support.

 

Real Audit™: Interactive Simulation

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Real Audit™ is a multimedia interactive financial auditing simulation that emphasizes higher-order thinking and people skills This online audit simulation incorporates the risk assessment procedures required by SAS 104-111 as well as substantive tests of AR, FA, AP, INV, and CoTA. It includes understanding the entity and its environment, evaluating internal control design, analytical procedures, significant accounts and materiality assessment, the required team meeting, and identification of risks of material missatement and completing the audit. With the new Public Company addon/morph, student can perform an integrated audit with the addition of an IC (internal control audit) module. The public-company version also follows PCAB standards. Instructor demos are available now.

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Real Audit™: The Real World Interactive Auditing Simulation and The CPA Exam Emulator™, are trademarks of RealAudit.com.

 
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Other Learning Products

Public Company addon/morph

This morph transforms our Real Audit™ private company financial statement auditing simulation into a public company. The update includes a new environment, dialogues, and governance structure and a new internal control module to make it Sarbanes compliant. It is available as an addon to our original Real Audit™ financial audit simulation full or lite versions.

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The CPA Exam Emulator™

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Accounting Systems: Thinking, Development, and Evaluation textbook


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News

Within the context of the Real Audit™ framework, which has always emphasized higher-order critical thinking skills, we have added new task-based document review and journal entry features similar to what was recently added to the CPA Exam.

 

A new Public Company addon/morph has been released for our Real Audit™ simulations.

 

Testimonials:

2008 Innovation in Accounting Education Award
- American Accounting Association

 

"I am so glad I found this ….Your audit simulation is a great tool for students to apply what they should have learned... I think it will be so much more interesting than just reading boring articles... I was indeed very pleased with the interface. I especially enjoyed the part about getting to choose the cooperative nature of the client - that was hilarious. When I saw that audit program, and the objectives, and the reference to the assertions, I was stunned to see something this good could be out there"
- Prof. Carol Jessup, University of Illinois at Springfield

 

"This is the best audit simulation I have seen - and I have seen a number of them!"
- Prof. Gerald Lander, University of South Florida

 

"Real Audit made all the difference in placing students when I was a Director of Career Services. The auditing simulation gave our students a leg up on the competition and the CPAs firms recruiting them recognized this."
- Laura Mills-Lewis, Ernst & Young LLP | Associate Director, University Relations

 

"I wanted to pass on the comments of some of my students who find your customer service second to none."
- Prof. Patrica Johnson, Niagara University