VSFS:BA_Aud Auditing - Course Information

BA_Aud Auditing

Extent and Intensity

2/0. 6 credit(s). Type of Completion: zk (examination).

Teacher(s)

Ing. Tomáš Hládek (seminar tutor)

Guaranteed by

Ing. Tomáš Hládek
Department of Economics and Management – Departments – University of Finance and Administration
Contact Person: Ing. Edita Jerie, DiS.

Timetable of Seminar Groups

BA_Aud/pBMPH: Thu 8:45–9:29 E223, Thu 9:30–10:15 E223, except Thu 23. 3. ; and Thu 30. 3. 10:30–12:00 E222, T. Hládek

Prerequisites

There are no prerequisites for the course

Course Enrolment Limitations

The course is offered to students of any study field.

Course objectives

Understand and explain - control and audit, theirs difference; Student, after the passing the subject, should be able to understand the main audit´s principles, to collect and use needed information, has to have sufficient knowledge to be active as an internal auditor; Internal and External audit - understand differences; Future internal auditor´s concept - future tasks; Create concept, what is External auditor duty to know; He knows how to use the internal auditor´s manual; He is should be also able to explain and use correctly the main principles - Ethical codex of the auditor; Internet audit - interpret the International standards; Understand and explain the position of internal audit - finance, trade companies, public government; Different types of audit - interpret differences and roles of internal and external auditor; Well-founded internal auditor´s decisions - suggest and create; The student should be able (on the basis of obtained experience) to unveil till now unknown chances, should be able to prepare Annual internal audit´s plan; External auditor - legal conditions, needed knowledge and procedures for gaining of statute;

Syllabus

CONTENT 1. Control - internal and external. Audit and control - analogies and differences. 2. Internal & External audit - history, base and substance. Internal & External control: basic functions, differences, roles. 3. Standards of external audit, legal status. Professional form. 4. Internal audit - functions, roles. External audit - difference. Substance. 5. Form of the enterprise - incorporation of the internal audit to the organisational structure. 6. Auditors´ethical code. Different standards, functions. 7. Departement of the internal audit - structure. Auditors´ further education. 8. Auditors´ techniques. Auditor´reports and documentation. 9. Risk and its definition. Necessary risk. Falsification - prevention. 10. Audit and IT techniques 11. Financial audit - base. Creative accounting. 12. Benchmarking, outsourcing.

Literature

• COHEN, A.G. Public Internal Control, A New Framework for Public. Sector Management. Altamore Springs: The IIA Research Foundation, 2007. ISBN 0-89413-605-4.
• FARGASON, J.S. Legal services: Auditing the Process. The IIA Research Foundation, 2009. 62 s. ISBN 978-0-89413-636-8
• MILLICHAMP A.H. Auditing. London: Thomson, 2008. 8th Edition. ISBN 978-082645-500-0
• PICKETT K., PICKETT J.M. The Internal Auditing Handbook. 2nd ed. Hoboken, N.J.: J. Wiley, c. 2003, xiv, 786 p. ISBN 04-708-4863-4
• RICCHIUTE D.N. Auditing. USA: Cengage Eouth-Western, 2006. ISBN 80-85605-86-4

Teaching methods

Lectures in full-time study, no seminars (compulsory participation 75%); guided consultations in part-time study; compulsory consultations participation is 50% in part-time study.

Assessment methods

Test and verbal examination. The course is concluded by a written test. The succesful passing of the test should be 50% correct answers. In the following oral exam student should reach 70% of correct answers.

Language of instruction

English

Further Comments

The course can also be completed outside the examination period.

• Enrolment Statistics (Summer 2017, recent)
  
• Permalink: https://is.vsfs.cz/course/vsfs/summer2017/BA_Aud