Business and management studies

Auditing

Module code: N1516
Level 6
15 credits in autumn teaching
Teaching method: Lecture, Workshop
Assessment modes: Unseen examination, Coursework

You examine the nature, purpose and scope of auditing, including statutory audits, the regulatory environment and professional ethics.

You learn how to perform internal and external audits, and write audit reports. You also cover areas relating to the auditing of financial statements, including:

  • planning and risk assessment
  • evaluating internal controls
  • collecting audit evidence
  • reviewing financial statements.

Module learning outcomes

  • Describe and critically evaluate the nature, purpose and scope of internal audit, external audit, and international standards on auditing.
  • Critically evaluate the role, duties and responsibilities of the auditor, as well as the process of gathering audit evidence.
  • Evaluate information systems and internal controls to identify control risks and make appropriate recommendations.
  • Evaluate the different types of audit reports as well as the elements of each type of report.