Бакалавриат
2022/2023![Learning Objectives](/f/src/global/i/edu/objectives.svg)
![Expected Learning Outcomes](/f/src/global/i/edu/results.svg)
![Course Contents](/f/src/global/i/edu/sections.svg)
![Assessment Elements](/f/src/global/i/edu/controls.svg)
![Interim Assessment](/f/src/global/i/edu/intermediate_certification.svg)
![Bibliography](/f/src/global/i/edu/library.svg)
Аудит
Статус:
Курс по выбору (Международная программа по экономике и финансам)
Направление:
38.03.01. Экономика
Кто читает:
Международный институт экономики и финансов
Где читается:
Международный институт экономики и финансов
Когда читается:
4-й курс, 1-4 модуль
Формат изучения:
с онлайн-курсом
Онлайн-часы:
64
Охват аудитории:
для своего кампуса
Преподаватели:
Шурчкова Татьяна Сергеевна
Язык:
английский
Кредиты:
10
Контактные часы:
112
Course Syllabus
Abstract
This course introduces students to the principles of external auditing and other assurance services. Both theoretical and practical aspects of the audit process will be considered including recent developments in the organisation of the profession, the regulatory framework governing practitioners and factors affecting the future evolution of the practice of auditing and other assurance services.
Basic prerequisite for the students: AC 1025 Principles of Accounting
Learning Objectives
- to introduce students to the principles of external auditing and other assurance services
- to provide students with an understanding of the nature of the function of auditing and other assurance services and the principles of the related processes
- Learning Outcomes By the end of the course and having completed the Essential reading and activities, students should be able to: • explain why external audits and other types of assurance services are conducted • explain the meaning of concepts that are fundamental to auditing and assurance services, such as ‘independence’, ‘audit evidence’, ‘audit risk’, ‘materiality’ • describe, in general terms, the processes involved in auditing and other assurance services • distinguish between compliance and substantive testing and describe various audit tests • discuss the form, content and importance of auditors’ reports provided at the end of the audit or assurance service • discuss the duties of auditors and other assurance providers, how these have changed over time • discuss the issue of legal liability arising from audits and other assurance services • discuss current developments in auditing and other assurance services.
Expected Learning Outcomes
- describe, in general terms, the processes involved in auditing and other assurance services
- discuss current developments in auditing and other assurance services
- discuss the duties of auditors and other assurance providers, how these have changed over time
- discuss the form, content and importance of auditors’ reports provided at the end of the audit or assurance service
- discuss the issue of legal liability arising from audits and other assurance services
- distinguish between compliance and substantive testing and describe various audit tests
- explain the meaning of concepts that are fundamental to auditing and assurance services, such as ‘independence’, ‘audit evidence’, ‘audit risk’, ‘materiality’
- explain why external audits and other types of assurance services are conducted
Course Contents
- 1. Reasons for auditing
- 2. Postulates and concepts of auditing
- 3. Audit reporting. Assurance engagements
- 4. Audit evidence
- 5. Audit planning
- 6. Risk and materiality
- 7. Internal controls
- 8. Compliance testing
- 9. Internal audit
- 10.Fraud and going concern
- 11.Substantive testing: income statement and financial position
- 12.Sampling
- 13.Computer assisted audit tecniques
- 14.Completion and review
- 15.Corporate governance
- 16.Audit committees, corporate responsibility
- 17.Audit regulation and auditors’ liability
- 18.Auditors’ duties and responsibilities
- 19.Audit engagements: staffing, documentation, quality control
- 20.Criticism and developments in audit, audit society, future of audit
Assessment Elements
- Home Assignments• Home assignments will be given every week or two; can be in the form of a case study, an essay question, an article analysis, an investigation, a presentation etc.
- Interim test• Interim test: at the end of the 1st Module (end of October) –1 case study and 1 essay question. Students should attempt to answer all the questions.
- Interim exam• Interim exam: at the end of the 2nd Module (end of December) –2 case studies and 1 essay question. Students should attempt to answer all the questions.
- Final exam• Final exam (mid of April) is in the format similar to the LSE exam: Section A – case studies, Section B – essay questions. There is a choice of questions in each section.
- Classwork• Classwork – regular participation in discussions during seminars, not simply attendance.
Interim Assessment
- 2022/2023 2nd module0.075 * Classwork + 0.45 * Interim exam + 0.2 * Interim test + 0.1 * Home Assignments
- 2022/2023 4th moduleno separate calculation for 4 module
Bibliography
Recommended Core Bibliography
- Principles of external auditing, Porter, B., 2014
- The audit process : principles, practice and cases, Gray, I., 2015
Recommended Additional Bibliography
- Turley, S., & Sherer, M. (1997). Current Issues in Auditing : SAGE Publications (Vol. Third edition). London: SAGE Publications Ltd. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=716896