Audit(G532)
| Course Code | Course Name | Semester | Theory | Practice | Lab | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| G532 | Audit | 2 | 3 | 0 | 0 | 3 | 7 |
| Prerequisites | |
| Admission Requirements |
| Language of Instruction | Turkish |
| Course Type | Elective |
| Course Level | Masters Degree |
| Course Instructor(s) | İdil KAYA ikaya@gsu.edu.tr (Email) |
| Assistant | |
| Objective | This course aims to teach globally recognize auditing concepts. Thus, in the context of auditor’s decision-making process in financial statement audit, the student becomes familiar with the nature and amount of evidence the auditor should gather; and understands the risks related to the engagement, risk assessment, technology, and fraud and auditing of internal control. |
| Content |
1. The Profession of Auditing 2. Audit Reports 3. Audit Responsibilities and Objectives 4. Nature and Type of Audit Evidence 5. Considering Materiality and Audit Risk 6. Internal Control 7. Risk of Fraud 8. Application of Audit Process to the Sales and Collection Cycle 9. Application of Audit Process to Other Cycles 10. Audit Sampling for Test of Controls 11. Audit Sampling for tests of Details of Balances 12. Audit Completion 13. Research Methods in Auditing |
| Course Learning Outcomes |
At the end of the course, the student will be able to, 1. Understand, apply and discuss current issues and topics in auditing. 2. Discuss the need for an independent audit and assurance function, and describe the continuing changes in the auditing profession and the current events that impact and shape financial statement assurance services. 3. Understand audit decision making and evidence accumulation. 4. Have a clear perspective of the purpose and content of professional ethics. 5. Understand auditing theory and know about major themes and methodologies of contemporary empirical auditing research. |
| Teaching and Learning Methods | |
| References |
Güredin, Ersin Denetim ve Güvence Hizmetleri,13. Baskı, Türkmen Kitabevi, İstanbul, 2011. Arens, Alvin A., Randal J. Elder and Mark S. Beasley, Auditing and Assurance Services An Integrated Approach, Fourteenth Edition, Pearson, Boston, 2012. |
Theory Topics
| Week | Weekly Contents |
|---|---|
| 1 | The Profession of Auditing |
| 2 | Audit Reports |
| 3 | Audit Responsibilities and Objectives |
| 4 | Nature and Type of Audit Evidence |
| 5 | Considering Materiality and Audit Risk |
| 6 | Internal Control |
| 7 | Risk of Fraud |
| 8 | Application of Audit Process to the Sales and Collection |
| 9 | Application of Audit Process to Other Cycles |
| 10 | Audit Sampling for Test of Controls |
| 11 | Audit Sampling for tests of Details of Balances |
| 12 | Audit Completion |
| 13 | Research Methods in Auditing Week |
| 14 | Research Methods in Auditing |
Practice Topics
| Week | Weekly Contents |
|---|
Contribution to Overall Grade
| Number | Contribution | |
|---|---|---|
| Contribution of in-term studies to overall grade | 7 | 60 |
| Contribution of final exam to overall grade | 1 | 40 |
| Toplam | 8 | 100 |
In-Term Studies
| Number | Contribution | |
|---|---|---|
| Assignments | 5 | 5 |
| Presentation | 1 | 25 |
| Midterm Examinations (including preparation) | 1 | 30 |
| Project | 0 | 0 |
| Laboratory | 0 | 0 |
| Other Applications | 0 | 0 |
| Quiz | 0 | 0 |
| Term Paper/ Project | 0 | 0 |
| Portfolio Study | 0 | 0 |
| Reports | 0 | 0 |
| Learning Diary | 0 | 0 |
| Thesis/ Project | 0 | 0 |
| Seminar | 0 | 0 |
| Other | 0 | 0 |
| Toplam | 7 | 60 |
| No | Program Learning Outcomes | Contribution | ||||
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | ||
| 1 | At the end of the program successful students, Will have a good command of the concepts and theories of different areas of Business Administration such as Production, Marketing, Accounting/Finance, Management and Organizational Behavior and will have an integrative point of view to understand the interaction between these domains. | X | ||||
| 2 | Will be able to grasp the operation of different functions (Accounting /Finance, Marketing, Human Resources, and Management) of organizations and also will be able to create hypotheses for research proposals. | X | ||||
| 3 | Will be able to do research for determining changes, diagnosing problems and developing solutions in business world. | X | ||||
| 4 | Will have a command of qualitative and quantitative research methodology. | X | ||||
| 5 | Will be able to conduct statistical analyses and interpret the results. | X | ||||
| 6 | Will have a command of scientific studies (writing articles, presenting papers) | X | ||||
| 7 | Should have mastery of at least one foreign language at a scientific level to be able to realize cross-cultural studies. | X | ||||
| 8 | Should be able to update his/her professional knowledge and skills continuously to be able to adapt to changes in scientific area. | X | ||||
| 9 | Should be able to do team work in researches and studies and contribute to information flow. | X | ||||
| 10 | Will be able to have a holistic approach to Business Administration and prepare a thesis on a special area of the field. | X | ||||
| 11 | être en mesure d’avoir une perspective globale de la gestion et de fournir une thèse en se spécialisant dans une des sphères de ce domaine. | X | ||||
| Activities | Number | Period | Total Workload |
|---|---|---|---|
| Class Hours | 14 | 3 | 42 |
| Working Hours out of Class | 14 | 5 | 70 |
| Assignments | 5 | 2 | 10 |
| Presentation | 1 | 1 | 1 |
| Midterm Examinations (including preparation) | 1 | 16 | 16 |
| Project | 0 | 0 | 0 |
| Laboratory | 0 | 0 | 0 |
| Other Applications | 0 | 0 | 0 |
| Final Examinations (including preparation) | 1 | 18 | 18 |
| Quiz | 2 | 9 | 18 |
| Term Paper/ Project | 0 | 0 | 0 |
| Portfolio Study | 0 | 0 | 0 |
| Reports | 0 | 0 | 0 |
| Learning Diary | 0 | 0 | 0 |
| Thesis/ Project | 0 | 0 | 0 |
| Seminar | 0 | 0 | 0 |
| Other | 0 | 0 | 0 |
| Total Workload | 175 | ||
| Total Workload / 25 | 7.00 | ||
| Credits ECTS | 7 | ||