Accounting and Finance

Advanced Audit and Assurance

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

The aim of this moduloe is to give you an understanding of the nature, purpose and scope of auditing, including:

• statutory audits
• the regulatory environment
• professional ethics in auditing.

You will learn how to perform internal and external audits, and write audit reports. Several areas relating to the audit of financial statements will be covered including:

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

Module learning outcomes

• Evaluate the theoretical rationalisations for role of auditing and ethics in modern society.
• Work effectively independently and collaboratively.
• Communicate audit related issues appropriately to specialist and non-specialist audiences.
• Apply critical thinking skills to audit and ethical scenarios.