AUDITING I
- Course
- ACFN421 - AUDITING I
- Department
- Accounting and Finance - English - Master
- Course Type
- Scientific Preparation
- Status
- Required
- Language
- English
- Credit
- 0
- ECTS
- 6
- T+P+L
- 3 + 0 + 0
- Course Coordinator(s)
- Assoc. Prof. Dr. Kemal ÇEK
- Prerequisite
- -
- Keywords
Course Description
AUDITING I
AUDITING I
Evaluation Tools (Active Term)
| Item | Type | Weight (%) |
|---|---|---|
| Final | Final | 50 |
| Midterm | Midterm | 30 |
| Quiz 1 | Quiz | 10 |
| Quiz 2 | Quiz | 10 |
| Total | 100 | |
Course outcomes
- 01 Demonstrate an understanding of fundamental audit concepts
- 02 Apply a range of audit procedures.
- 03 Apply auditing standards
- 04 Demonstrate an understanding of the legal context in which auditing occurs
- 05 Demonstrate an understanding of the importance of professional ethics and apply the profession's code of ethics
- 06 Undertake research on significant auditing issues
- 07 Apply critical thinking skills and solve auditing problems through the use of case studies
- 08 Understand how to stay abreast of developments in auditing theory and practice
- 09 Demonstrate an understanding of the role of audits in society
- 10 Work in a collegiate manner
Course Syllabus
| Week | Topic |
|---|---|
| Week 1 | Chapter 1-An Introduction to assurance and financial statement auditing |
| Week 2 | Chapter 1-Solving questions and problems |
| Week 3 | Chapter 2-The financial statement auditing environment |
| Week 4 | Chapter 2-Solving questions and problems |
| Week 5 | Chapter 3-Audit planning, types of audit tests and materiality |
| Week 6 | Chapter 3-Solving questions and problems |
| Week 7 | Chapter 4-Risk assessment |
| Week 8 | Chapter 4-Solving questions and problems |
| Week 9 | Chapter 5-Evidence and documentation |
| Week 10 | Chapter 5-Solving questions and problems |
| Week 11 | Chapter 6-Internal control in a financial statement audit |
| Week 12 | Chapter 6-Solving questions and problems |
| Week 13 | Chapter 7-Auditing internal control over financial reporting |
| Week 14 | Chapter 7-Solving questions and problems |
| Week 15 | - |
Reference Books & Course Materials
- 01 Whittington and Panny, Principles of Auditing & Other Assurance Services, 20th Edition, McGraw Hill
- 02 Eilifsen, Messier, Glover, and Prawitt, Auditing & Assurance Services, 3rd International Edition, McGraw Hill
Learning Outcomes
No learning outcomes have been defined.
Program Outcomes
- P01 1. To be able to examine the basic problems in the field of Accounting and Finance with scientific methods, to interpret and evaluate the data.
- P02 2. Muhasebe ve Finans alanındaki problemlere ilişkin uygulamada karşılaşılan karmaşık sorunları çözmek için bireysel ve grup üyesi olarak sorumluluk alabilmek ve çözüm üretebilmek.
- P03 3. To be able to critically evaluate the knowledge and skills acquired in the fields of Accounting and Finance, to determine learning needs and to carry the learning process to an advanced level.
- P04 4. To inform experts or non-experts on financial issues, to share their ideas and problems and solution methods by supporting them with quantitative and qualitative data.
- P05 5. To be able to interpret and evaluate the discussions on the theoretical aspects of Accounting and Finance.
- P06 6. To be able to identify regional and global problems that directly or indirectly affect financial issues, to develop solutions and strategies based on evidence and research.
- P07 7. To be able to define, evaluate and interpret the classical and current theories of accounting and finance policies and strategies, differences and relationships between them.
- P08 8. To have social, scientific and ethical values in the collection, interpretation, announcement and application of data in the field of accounting and finance and to assimilate these values.
- P09 9. To be able to follow, understand, interpret and analyze the changing trends in accounting and financial activities in the world at an advanced level, and apply innovation and innovative working principles.
- P10 10. To be able to set goals and take initiatives to achieve them, to be creative and open to criticism and to have professional competencies at an advanced level.
- P11 11. To have an advanced level of foreign language to follow and use the information in the field and to communicate with colleagues.
- P12 12. To have advanced computer software and hardware knowledge required by the field of Accounting and Finance, and to be able to use information and communication technologies at an advanced level.
- P13 13. To be able to use theoretical and practical knowledge gained in the field of Accounting and Finance at an advanced level.
- P14 14. To be able to benefit from other fields that form the basis of financial policies and to understand the interaction between these disciplines.
Po-Lo Matrix
The PO-LO matrix has not been populated yet.