At the end of this course, the students; 1) Acquire the basic understanding of all aspects of auditing and gain a firm foundation for a career in auditing field. 2) Acquire the practical need for internal and external auditing; 3) Know the risks that exist in financial statements, 4) Know the need for assessing the ethical standards and differenciate the ethical and unethical conduct in the profession. 5) Compare internal and external auditing in terms of their role in business and society, their goals and objectives, their processes and practices 6) Know the nature of an internal control system, 7) Know the underlying concepts of International Financial Reporting standartds
MODE OF DELIVERY
Face to face
PRE-REQUISITES OF THE COURSE
No
RECOMMENDED OPTIONAL PROGRAMME COMPONENT
None
COURSE DEFINITION
The fundamental concepts of auditing, evidence collection, internal control system, final decision making regarding audit and auditing report are examined in conjunction with standards on auditing.
COURSE CONTENTS
WEEK
TOPICS
1st Week
Basic auditing concepts
2nd Week
Basic auditing concepts
3rd Week
Generally accepted auditing standards
4th Week
Generally accepted auditing standards
5th Week
Auditing planning
6th Week
Internal control system
7th Week
Evidences-sampling
8th Week
Midterm
9th Week
Evidences-sampling
10th Week
Working sheets
11th Week
Working sheets
12th Week
Auditing practice
13th Week
Auditing practice
14th Week
Preparation of audit report
RECOMENDED OR REQUIRED READING
William C. Boynton, Walter, G. Kell, Modern Auditing, 1996. Hasan Kaval, Muhasebe Denetimi, Akademik, 2003.
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS
Lecture,Discussion
ASSESSMENT METHODS AND CRITERIA
Quantity
Percentage(%)
Mid-term
1
40
Total(%)
40
Contribution of In-term Studies to Overall Grade(%)
40
Contribution of Final Examination to Overall Grade(%)
60
Total(%)
100
ECTS WORKLOAD
Activities
Number
Hours
Workload
Midterm exam
1
3
3
Preparation for Quiz
Individual or group work
3
50
150
Preparation for Final exam
1
50
50
Course hours
14
3
42
Preparation for Midterm exam
1
40
40
Laboratory (including preparation)
Final exam
1
10
10
Homework
1
10
10
Total Workload
305
Total Workload / 30
10,16
ECTS Credits of the Course
10
LANGUAGE OF INSTRUCTION
Turkish
WORK PLACEMENT(S)
No
KEY LEARNING OUTCOMES (KLO) / MATRIX OF LEARNING OUTCOMES (LO)