Please note

This document only provides information for the academic year selected and does not form part of the student contract

School:

Huddersfield Business School

Credit Rating:

20

Level (including FHEQ):

H (FHEQ Level 6)

Graded or Non Graded:

Graded

Version Valid From:

2023-09-01

Module Leader:

Aysha Laher

Version Number

2024.01

Learning Methods

Guided Independent Study

Seminar

Lecture

Synopsis

Auditing is an integral part of accountability, governance and the management of risk within organisations.  This module examines the audit process enabling students to gain analytical skills and gain insight into professional judgement and scepticism.

Learning Strategy

Normally a two-hour lecture followed by either a seminar or a case study group session on the principles and practice of audit.  The case study sessions will include formative work linked to exam questions.

Outline Syllabus

The nature, purpose, scope and concepts of audit.  To include: Audit and accountability. The expectations gap. Types and purpose of audit. The conceptual framework, including independence, objectivity, and ethics. The regulatory framework of auditing.  To Include: Standards and guidelines. The requirements of the Companies Act. Legal Liability. Fraud and the … For more content click the Read More button below. Corporate Governance, internal audit and internal review: The practice of auditing.  To include: Planning controlling and recording audit work. Identification and assessment of audit risk. Internal control. Audit tests and design, including sampling. Audit evidence and materiality. Analytical review. Audit judgement, going concern and the Audit Report.

Learning Outcomes

On successful completion of this module students will
1.
Understand and evaluate issues relating to the regulatory and conceptual frameworks of auditing.
2.
Understand, explain and assess principles and practice relating to the planning and conduct of audit work, including the assessment of audit risk and the design and implementation of appropriate audit tests.
3.
Understand, explain and assess principles and practice relating to internal control, internal audit and internal review.
4.
Understand and critically assess principles and practice relating to the formation of audit judgement and the presentation of an audit report.
5.
Evaluate and apply appropriate audit principles and procedures to different organisational situations.
6.
Critically evaluate current developments in auditing and the audit literature, identifying solutions to problems where appropriate.

Formative Assessment

Assessment 1: Other

Summative Assessment

Assessment 1: In-Class Test

Assessment 2: Exam

Assessment Criteria

The assessment for criteria is as set out in the Huddersfield Business School Assessment Guidelines.  The guidelines provide criteria for the assessment of both coursework’s and examinations.

My Reading

Reading List