|
|
| ISL4005 | Auditing | 3+0+0 | ECTS:5 | | Year / Semester | Fall Semester | | Level of Course | First Cycle | | Status | Compulsory | | Department | DEPARTMENT of BUSINESS | | Prerequisites and co-requisites | None | | Mode of Delivery | Face to face, Group study, Practical | | Contact Hours | 14 weeks - 3 hours of lectures per week | | Lecturer | Prof. Dr. Engin DİNÇ | | Co-Lecturer | ASSOC. PROF. DR. Bilal GEREKAN, | | Language of instruction | Turkish | | Professional practise ( internship ) | None | | | | The aim of the course: | | To give basic knowledges about auditing. |
| Learning Outcomes | CTPO | TOA | | Upon successful completion of the course, the students will be able to : | | | | LO - 1 : | Define the fundamental conceptions of auditing. | 1,2,8,10 | 1, | | LO - 2 : | Explain the development stages of auditing. | 1,2,8,10 | 1, | | LO - 3 : | Illustrate the origins of existing problems of audit process. | 1,2,8,10 | 1, | | LO - 4 : | Distinguish auditing into kinds and compare with each other by using figures. | | 1, | | LO - 5 : | Design an evaluation about audit aplications. | 1,2,8,10 | 1, | | CTPO : Contribution to programme outcomes, TOA :Type of assessment (1: written exam, 2: Oral exam, 3: Homework assignment, 4: Laboratory exercise/exam, 5: Seminar / presentation, 6: Term paper), LO : Learning Outcome | | |
| Basic concepts, auditing standards, independent auditing, auditing plans, audit programs, internal control system, audit evidence, audit techniques, statistical sampling, working papers, tests of account, examining of some accounts, various practices. |
| |
| Course Syllabus | | Week | Subject | Related Notes / Files | | Week 1 | Auditing concept, varieties of auditing, historical development of auditing. Auditing, inspection, control and revision concepts.
Definition and importance of auditor, auditor kinds.
| | | Week 2 | Difinition and purpose of external auditing of financial statements, errors and fraud concepts.
Accounting errors, clerical errors, arithmetical errors.
| | | Week 3 | Audit standards, personal standards, field standards, reporting standards. Compulsory audit in Turkey, auditing in Turkish Commercial Code and Capital Market Law, requirements of being independent accountant and financial advisor and sworn-in certified public accountant, and their functions, requirement of being independent auditor of capital market board and their functions.
| | | Week 4 | Auditor activations, meeting to prior auditor, acknowledgment of client, preparation of audit letter and signing.
| | | Week 5 | Audit planning, determining the audit area, kinds of audit risks, materiality level, audit program, time and effort planning.
| | | Week 6 | Investigation of internal control system, definition of internal control, kinds, basic principles, objectives of intenal control system, used methods for evaluate the internal control system, evaluate the efficiency of internal control system. | | | Week 7 | Audit objectives, audit evidences, kinds of evidence, techniques of collect evidence.
| | | Week 8 | papers, definiton and benefits of workin papers, kinds of working papers, archiving the working papers. | | | Week 9 | Mid-term examWorking
| | | Week 10 | Scanning and sampling methods, Methods for identification the sample number, qualitative and quantitative sampling methods, sample selection methods.
| | | Week 11 | Reporting in auditing, reporting standards, giving unqualified opinion, adverse opinion and, qualified opinion, avoidance to give opinion. Examples for reporting. | | | Week 12 | Liquid assets audit, marketable securities audit
| | | Week 13 | Trade receivables audit, stocks audit.
| | | Week 14 | Tangible assets audit, intangible assets audit, financial liabilities audit.
| | | Week 15 | Shareholders equity audit, income accounts audit, expense accounts audit, cost accounts audit. | | | Week 16 | End-of-term exam | | | |
| 1 | Usul Hayrettin (2015), Bağımsız Denetim, Detay Yayıncılık, Ankara. | | | |
| 1 | Güredin, Ersin (2008). Denetim ve Güvence Hizmetleri SMMM ve YMM'lere Yönelik İlkeler ve Teknikler, Arıkan Yayınevi, İstanbul. | | | 2 | Bozkurt, Nejat (1998). Muhasebe Denetimi, Alfa Basın Yayım Dağıtım, İstanbul. | | | |
| Method of Assessment | | Type of assessment | Week No | Date | Duration (hours) | Weight (%) | | Mid-term exam | 9 | | | 50 | | End-of-term exam | 16 | | | 50 | | |
| Student Work Load and its Distribution | | Type of work | Duration (hours pw) | No of weeks / Number of activity | Hours in total per term | | Yüz yüze eğitim | 3 | 14 | 42 | | Sınıf dışı çalışma | 8 | 14 | 112 | | Arasınav için hazırlık | 10 | 2 | 20 | | Arasınav | 1 | 1 | 1 | | Dönem sonu sınavı için hazırlık | 11 | 3 | 33 | | Dönem sonu sınavı | 2 | 1 | 2 | | Total work load | | | 210 |
|