Program Overview

Auditing Module (BU30004)

The Auditing module exists to provide assurance to stakeholders that the financial information presented is reliable and trustworthy.

Module Details

• Credits: 15
• Module code: BU30004
• Level: 3
• Semester: Semester 2
• School: School of Business
• Discipline: Accounting and Finance

What You Will Learn

In this module, you will learn about the purpose of the audit, audit process, planning and risk assessment, internal control, audit evidence, audit review and reporting, and auditing ethics and principles. By the end of this module, you will be able to explain the principles and procedures of auditing, discuss the reasoning behind the techniques, and meet the current exemption requirements of the professional accountancy bodies.

Assignments / Assessment

• Coursework (20%)
• Final written exam (80%)

Teaching Methods / Timetable

You will attend one two-hour in-person lecture and a one-hour tutorial per week. The topics covered in each week are as follows:

• Week 1: Introduction to concepts of audit and assurance engagements, Auditor's independence and ethical standards
• Week 2: Legal and professional requirements applicable to auditors
• Week 3: Issues about going concern and fraud
• Week 4: Auditor's liability and the expectation gap
• Week 5: Contemporary auditing issues and techniques
• Week 6: Reading Week
• Week 7: Planning
• Week 8: Audit evidence
• Week 9: Audit evidence
• Week 10: Computerised audit procedures
• Week 11: Audit Finalisation

Courses

This module is available on the following courses:

• Accounting and Finance courses
  • Undergraduate courses:
    • Accountancy BAcc
    • Accountancy BAcc (Hons)
    • Accountancy with Finance BAcc (Hons)
    • Accounting & Finance BSc (Hons)
    • Accountancy and Mathematics BSc (Hons)
• Mathematics courses
  • Undergraduate courses:
    • Accountancy and Mathematics BSc (Hons)