This module introduces students to the theory and practice of auditing. The module introduces the conceptual framework of audit and relates it to relevant standards, real life examples, and contemporary developments in the industry.
Learning Outcomes
By the end of the module students should be able to:
Demonstrate a critical awareness of the role and responsibilities of an auditor;
Demonstrate knowledge of the underlying conceptual frameworks of an audit and related ethical and regulatory issues;
Identify and evaluate the techniques of auditing and the processes of audit;
Explain the nature of audit evidence, demonstrate how it is established and evaluate how auditors reach conclusions and judgements;
Contrast the theoretical basis of an audit with the practicalities of delivering an external audit in a contemporary, commercial environment;
Critically analyse the external audit process and evaluate the effectiveness of an auditors report.
Assessment
33927-04 : Exam : Exam (Centrally Timetabled) - Written Unseen (50%)
33927-05 : Class Test : Class Test (50%)
Assessment Methods & Exceptions
Assessment:
2 hour written examination (50%);
2 hour class test based on early lecture material (50%).