AUDITING-I

Course Description

The aim of this course is to provide students with knowledge of basic auditing concepts, and teach them the requirements of an audit and assurance system. In success of completion of this course, all students will develop their knowledge and understanding on: an introduction to assurance and financial statement auditing, , the financial statement auditing environment, audit planning types of audit tests and materialism, evidence and documentation, internal control in a financial statement audit, auditing internal control over financial reporting, and apply critical thinking skills and solving auditing problem through the use of case studies.

AUDITING-I

Evaluation Tools (Active Term)

Course outcomes

1. 01 Demonstrate an understanding of fundamental audit concepts
2. 02 Apply a range of audit procedures.
3. 03 Apply auditing standards
4. 04 Demonstrate an understanding of the legal context in which auditing occurs
5. 05 Demonstrate an understanding of the importance of professional ethics and apply the profession's code of ethics
6. 06 Undertake research on significant auditing issues
7. 07 Apply critical thinking skills and solve auditing problems through the use of case studies
8. 08 Understand how to stay abreast of developments in auditing theory and practice
9. 09 Demonstrate an understanding of the role of audits in society
10. 10 Work in a collegiate manner

Course Syllabus

Reference Books & Course Materials

1. 01 Whittington and Panny, Principles of Auditing & Other Assurance Services, 20th Edition, McGraw Hill
2. 02 Eilifsen, Messier, Glover, and Prawitt, Auditing & Assurance Services, 3rd International Edition, McGraw Hill

Learning Outcomes

1. L01 Demonstrate an understanding the fundamental audit concepts SOLO 4
2. L02 Develop a range of audit procedures for different cases SOLO 5
3. L03 Assess the importance of professional ethics and apply the profession's code of ethics SOLO 5
4. L04 Develop critical thinking skills and solve auditing problems through the use of case studies SOLO 5
5. L05 Reflect an understanding on significant auditing issues SOLO 5

Program Outcomes

1. P01 1. Having the ability to understand and discuss international relations discipline by using an interdisciplinary methodology to merge the knowledge coming from sociology, economics, psychology, political sciences well as diplomatic history.
2. P02 2. Having an adequate knowledge of the history and the epochs of international system and being able to identify historical evolution of the contemporary world politics.
3. P03 3. Recognizing local, regional and international actors functioning within the international system.
4. P04 4. Understanding the legal framework of the current international system
5. P05 5. Ability to identify the relations between the key actors of the international system – the states – from a theoretical as well as multi-dimensional scientific and academic methods.
6. P06 6. Ability to analyse the roles and positions of the non-state actors – international organizations in particular – within the current world system.
7. P07 7. Ability to recognize political, socio-economic and cultural structures embedded in international relations.
8. P08 8. Exploring the roots of conflicts among the actors and produce solutions at local, regional and international levels with an analytical focus.
9. P09 9. Being able to understand the politics and the functioning of political institutions in theory and practice.
10. P10 10. Understanding the historical emergence of various political cultures and gaining ability to assess them comparatively.
11. P11 11. Prepare international relations graduates; having a vast knowledge, academic formation and skills to work in public offices, civil society organizations, international institutions and companies at local and global levels.
12. P12 12. To have moral and ethical understanding in the field of work.

Po-Lo Matrix