TYPE OF COURSE UNIT	Compulsory Course
LEVEL OF COURSE UNIT	Bachelor's Degree
YEAR OF STUDY	4
SEMESTER	Seventh Term (Fall)
NUMBER OF ECTS CREDITS ALLOCATED	5
NAME OF LECTURER(S)	Associate Professor Soner Gökten Instructor Özgecan Özer
LEARNING OUTCOMES OF THE COURSE UNIT	At the end of this course, the students; 1) Describe the objectives and stages involved in performing an audit of financial statements. 2) Describe the stages of audit. 3) Provide arguments and draw conclusions supported by appropriate evidence. 4) Understand the auditing process and how to use them to form an opinion. 5) Identify and discuss the fundamental principles of ethics including the threats to fundamental principles and determine the appropriate safeguards to offset the threats. 6) Understand the details and preparation process of audit reports.
MODE OF DELIVERY	Face to face
PRE-REQUISITES OF THE COURSE	Yes(BUS222)
RECOMMENDED OPTIONAL PROGRAMME COMPONENT	No
COURSE DEFINITION	This course aims to help students gain a thorough understanding of the foundations, concepts, and standards underlying auditing practices and techniques. This course is designed to introduce the student the basic auditing concepts and standards. Concentration is mainly on the standards, ethics, principles, reports, relationships, and processes used by external auditors (independent certified public accountants) in conducting financial statement audits. This course also reviews generally accepted accounting principles and introduces generally accepted auditing standards.
COURSE CONTENTS	WEEK TOPICS 1st Week The Demand for Audit and Other Assurance Services 2nd Week Auditing Profession with emphasis to Turkish Practice 3rd Week Audit Reports, Professional Ethics 4th Week Audit Process, Responsibilities and Objectives 5th Week Audit Evidence 6th Week Audit Planning and Materiality 7th Week Materiality and Risk, Fraud Auditing 8th Week Midterm 9th Week Overall Audit Strategy and Audit Program 10th Week Tests of Control and Substantive Audit Tests 11th Week Audit Sampling 12th Week Completing the Tests 13th Week Audit Sampling for Tests of Detailed Balances 14th Week Completing the Audit
RECOMENDED OR REQUIRED READING	Auditing and Assurance Services: International Perspectives,Arens, Elder and Beasley, Global Edition-17th Edition,Pearson
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS	Lecture,Discussion,Questions/Answers,Problem Solving
ASSESSMENT METHODS AND CRITERIA	Quantity Percentage(%) Mid-term 1 30 Assignment 1 30 Total(%) 60 Contribution of In-term Studies to Overall Grade(%) 60 Contribution of Final Examination to Overall Grade(%) 40 Total(%) 100
ECTS WORKLOAD	Activities Number Hours Workload Midterm exam 1 2 2 Preparation for Quiz Individual or group work 14 2 28 Preparation for Final exam 1 30 30 Course hours 14 3 42 Preparation for Midterm exam 1 30 30 Laboratory (including preparation) Final exam 1 2 2 Homework 1 20 20 Total Workload 154 Total Workload / 30 5,13 ECTS Credits of the Course 5
LANGUAGE OF INSTRUCTION	English
WORK PLACEMENT(S)	No