AUDITING (MODULE FROM MASTER OF SCIENCE IN PROFESSIONAL ACCOUNTING AND CORPORATE GOVERNANCE)

(1) An Introduction to Assurance and Financial Statement Auditing (3 Hours) (2) The Financial Statement Auditing Environment (including the difference between internal and external auditors) (3 Hours) (3) Professional Ethics, Independence and Quality Control (3 Hours) (4) Audit Planning (including the effect of internal audit function and reliance on the work of others), Types of Audit Tests and Materiality (3 Hours) (5) Risk Assessment (3 Hours) (6) Audit Evidence and Documentation (including where computer-assisted audit techniques may be implemented) (3 Hours) (7) Internal Control in a Financial Statement Audit and IT environment. Evaluation of internal controls. (3 Hours) (8) Audit Sampling (3 Hours) (9) Auditing the Business Processes: Revenue and Purchasing (3 Hours) (10) Completing the Audit Engagement (audit finalisation, the final review, and written representations) (3 Hours) (11) Reports on Audited Financial Statements (3 Hours) (12) Current issues in auditing / Audit case project presentations (6 hours)