Audit and Assurance

• • Search for an audit report and read it
  • Audit Regulation, Auditors Liability & Ethics and Independence
  • Elements of the Financial Report Audit Process
  • Planning and Risk Assessment
  • Internal Controls I
  • Internal controls II
  • Test of Controls
  • Mid-Term Exam
  • Substantive Tests I
  • Substantive Tests II
  • Audit Sampling
  • Completing the Audit Process & reporting on the Audit
  • Unit Review

In order to enrol in this subject, you must be accepted into one of the following degrees:

Core

• TAS-PAS-MAS-2021
• TAS-MPA-MAS-2021

Special requirements

No special requirements

In this unit, you will examine the role of auditing, focusing particularly on the role of the external auditor in assessing the validity and reliability of financial information of publicly listed companies. The unit highlights the audit function and the important role it plays as a systematic process of evaluation of evidence that culminates in the expression of an audit opinion. You will review the fundamental concepts of auditing, the objectives and limitations of an audit, basic audit techniques and procedures, as well as the professional and legal framework within which auditors operate.

• Journal (10%%)
• Final Exam (60%%)
• Essay (15%%)
• Exam (15%%)