The Master of Information Systems Assurance Management (MISAM) is 60 Credits (14 x 3-credit courses, 2 x 9-credit research courses) and is considered a two-year program.
Courses for the MISAM degree (33 credits)
ISAM 558 Research Methods II (9 cr)
Required MISSM course component (21 credits)
Required MISSM courses (must take all seven from below for 21 credits)
ISSM 521 TCP/IP Security (3cr)
ISSM 553 Risk Management (3cr)
Two Elective courses from below (6 credits)
ISAM 563 IS Governance and Assurance Seminar and Case Study (3cr)
ISAM course descriptions follow. Please consult the MISSM program for the list of MISSM course descriptions.
ISAM 512 Financial Accounting, Governance and Assurance
The course provides a rigorous discussion of core concepts of financial accounting, how accounting information is used in decision making and governance, the importance of financial statements, how to interpret financial statements and the importance of financial statements to shareholders. The importance of governance as it related to financial statements and information is discussed and how the Sarbanes Oxley Act of 2002 has changed financial corporate governance and senior official responsibilities. As part of this change in governance, the student is introduced to the changing role and audit responsibilities in information systems and information systems audit.
ISAM 521 Information Systems Audit I
The course provides a comprehensive discussion of the processes involved in conducting an information systems audit using a risk based approach. This course is a prerequisite for ISSM 522 IT Audit II as it lays the foundation for further discussion of information systems audits.
ISAM 522 Information Systems Audit II
The course examines the use of various standards, guidelines, laws and methods which are used in information systems audits. This discussion serves both to set the governance framework the information systems audit works within and the choices for specific courses of action to meet the requirements of the audit.
ISAM 542 Fraud Examination: Theories and Methods
Fraud examination will cover the principles and methodology of fraud detection and deterrence; an integral component to effective corporate compliance. The course includes such topics as: fraud theories, skimming, cash larceny, check tampering, register disbursement schemes, billing schemes, payroll and expense reimbursement schemes, non-cash misappropriations, corruption, accounting principles and fraud, fraudulent financial statements, and interviewing witnesses.
ISAM 549 Auditing Theory and Application
The course presents an overview of the audit framework, as well as the external audit functions and procedures related to business operating cycles. Auditing standards, planning, internal controls testing, performing the audit and completing an audit file are addressed. The course also discusses the new professional developments that are taking place: adoption of new Canadian Audit Standards (CASs), further development of public accountability boards, and increasing emphasis on corporate governance, internal controls, risk-based auditing, independence and quality controls.
The audit case requires students to design audit procedures, prepare working papers, and exercise professional judgment in completing an audit file.
ISAM 581 Research Project
ISAM581 is a course where the student completes a research project culminating in the production of a formal research document which contributes to the information systems security and audit, assurance or governance field/body of knowledge. Each student will conduct his or her research with the approval of the committee responsible for research in the MISAM program. The committee ensures that the project meets the standard for successful completion of the course and follows closely the previously committee-approved research proposal.