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Auditing (B-KUL-D0R10A)

This is a translated version. Original version in Dutch.
6 ECTSDutch39 First termCannot be taken as part of an examination contract
Willekens Marleen
OC Toegepaste economische wetenschappen FEB Campus Leuven

Aims

1. To offer insight in the world of the auditing function
2. To thoroughly cover the principles and procedures which are at the base of accountancy control
3. To learn to apply the studied principles and procedures when solving practical control problems.

Previous knowledge

Sasitsfy the admission criteria of the Master’s programme.
Beginning criteria:
Accounting, corporation accounting, financial analysis.

Is included in these courses of study

Activities

6 ects. Auditing (B-KUL-D0R10a)

6 ECTSDutchFormat: Lecture39 First term
Willekens Marleen
OC Toegepaste economische wetenschappen FEB Campus Leuven

Content

The following is taught during this course:
 
Part 1: Auditing and the auditing profession
-          Control and auditing
-          Internet control systems, in-house and external auditing
-          Economic role of auditing
-          The institutional framework of external auditing
Part 2:  General conceptual framework for auditing
-          the auditing process
-          materiality and risks
-          description and assessment of the internet control system
-          variety of evidential material, control and auditing tests
-          spot checks and statistical methods in auditing
Part 3: Notions of Operational auditing
-          objectives, methodology and programme
-          operational auditing of the most important transaction cycles
-          file management, reporting and following up
Part 4: Thorough study of internal auditing
-          objectives, methodology and programme
-          financial auditing of the various annual accounts
-          file management and reporting
Part 5: Four case studies in the field of financial auditing:
-          analytical procedures
-          internet control tests
-          client accepting procedures
-          materiality and risks

Format: more information

Lectures, case studies, some practical testimonies and examples.

Evaluation

Evaluation: Auditing (B-KUL-D2R10a)

Type : Partial or continuous assessment with (final) exam during the examination period
Description of evaluation : Written

Explanation


Exercises and case studies to be solved and handed in (homework)
+ Written exam during examination period