Program Overview

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Course Overview

The course BMRR4055, Current topics in Auditing, is a second-degree level course that builds upon the foundational concepts explored in Auditing I. The objective of this course is to equip students with a comprehensive understanding of auditing theories, enabling them to conduct audits with greater proficiency.

Course Details

• Credits: 7.5
• Level: Second degree level
• Course start: Autumn 2025
• Duration: 1 semester
• Language of instruction: English
• Location: Trondheim
• Examination arrangement: School exam

Course Content

The course delves deeper into the intricacies of the audit and the techniques and methodologies employed by auditors during audits. The curriculum encompasses vital subjects including:

• Audit quality
• Auditor professional judgment
• Professional skepticism
• IT audit
• Cyber security risk
• Assurance of sustainability reporting

Learning Outcomes

Knowledge and Understanding

Upon completion of the course, students should be able to:

• Understand audit concepts and legal requirements and standards for financial auditing and assurance of sustainability reporting
• Understand the key techniques and methodologies for performing audits and assurance engagements with high quality
• Have knowledge of how cyber risks, IT, and AI affect audit risk, audit quality, and the performance of audits and assurance engagements
• Understand and explain the current topics in auditing

Competence and Skills

• Be able to demonstrate an analytical mindset, apply research-based knowledge, and critical thinking in argumentation, evaluation, and reflection on regulatory requirements and practice
• Be able to discuss methods, technology, and digital tools in audit and assurance work
• Be able to identify and justify solutions to audit- and assurance problems
• Be able to reflect on the importance of judgment and professional skepticism in the performance of audit and assurance engagements

General Competence

The course should contribute to the students developing general competence in accordance with the learning outcomes described at the program level, including the development of an analytical mindset and the ability to think critically.

Learning Methods and Activities

Various forms of work and learning activities will be used, with a combination of lectures, own work with literature and other sources, and mandatory activity/participation in group work and seminars. The course is suitable for students who participate in learning activities on campus, and it is necessary to participate in mandatory activities on campus to be allowed to sit for the exam.

Compulsory Assignments

• 70% attendance and participation in seminar teaching on campus.

Evaluation

• Examination arrangement: School exam
• Grading rule: A-F
• Duration: 4 hours
• Aids: D: No printed or handwritten aids allowed. Simple calculator allowed.
• Other calculators allowed: Casio FC-100V and Texas Instruments - BAII Plus.
• Language: English. However, a few lectures and some material will be in Norwegian.

Specific Conditions

• Admission to a programme of study: Required for Accounting and Auditing (MRR)

Recommended Previous Knowledge

• BMRR4030 and BMRR4050
• Basic knowledge of the organization and management of companies, corporate law, and a basic understanding of IT

Required Previous Knowledge

None

Course Materials

Literature references are given at the beginning of the semester and during the course.

Subject Areas

• Economics and Administration
• Management Accounting and Control