Information Package
baskent.edu.tr

Program of Business Administration (Turkish)

MAN483

AUDIT MANAGEMENT IN BUSINESSES

Course Code
MAN483
Semester
-
Theory+Practice
3 + 0
ECTS
5
Course TypeElective Course
Course LevelBachelor's Degree
Year of Study-
Semester-
ECTS5
Name of Lecturer(s)
Learning Outcomes

At the end of this course, the students;

  1. Possess fundamental knowledge regarding the concepts of auditing and assurance, and their interrelations within the context of business management.
  2. Develop the necessary professional awareness for a career in corporate auditing, internal control, and enterprise risk management
  3. Comprehend the strategic contributions that the interaction between management and auditing yields for various business functions.
  4. Command the ethics, practical applications, distinct phases, and effective leadership styles governing the audit process.
  5. Acquire core managerial insights regarding the operational deployment dimensions of different audit types in corporate environments.
  6. Gain fundamental capabilities in applying audit mechanisms to business functions either individually or as an integrated whole.
  7. Develop a robust awareness of the assurance that auditing delivers to executive management and corporate stakeholders
  8. Comprehend the direct and indirect contributions of the audit function to overall enterprise performance.
  9. Be capable of analyzing and evaluating audit reports from the perspective of organizational integrity and core business functions.
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme ComponentsBUS417 Current Trends/Approaches In Business, BUS422 Auditing BUS420 Risk Management, BUS422 Auditing, BUS455 Supply Chain Management, BUS479 Strategic Management, BUS498/499 Case Analysis.
Course DescriptionThe primary objective of this course is to equip students with the necessary managerial knowledge and strategic awareness regarding the administration of auditing processes within enterprises, by conveying the fundamental pillars of the management's oversight function. The phenomenon of auditing spans all levels and functions of an organization, providing crucial assurance to both internal and external stakeholders. The findings and assurance levels derived from audits provide invaluable insights into a wide array of managerial dimensions, including management quality, organizational performance, operational efficiency, strategic and tactical action priorities, the adequacy of internal control systems, enterprise risk management culture, regulatory compliance capacity, and structurally or functionally improvable areas. Therefore, the effective management of the audit function emerges as a fundamental imperative for the sustainable success of contemporary enterprises. Within the scope of this course, students will learn the planning, execution, and evaluation phases of corporate auditing within a framework of managerial integrity and acquire essential competencies that can be utilized across various professional domains. Up until the midterm exam, the course will cover core theoretical knowledge through research-oriented and discussion-driven methods based on contemporar corporate events. Following the midterm exam, students will reinforce their theoretical foundation and awareness through applied studies, and they will present their real-sector oriented audit projects in class prior to the final exam. Consequently, by the end of the semester, all students will have elevated both their theoretical and practical competencies in audit management to the targeted level from an organizational wholeness perspective. Students who miss more than 30% of total class hours receive an F2 grade.
Course Contents
WEEK TOPICS
1st Week Introduction to the Course- General Overview
2nd Week The Concept of Auditing as a Core Management Function
3rd Week Audit Ethics and Governance within the Management Context
4th Week Designing Enterprise Internal Systems: The Three Lines Model
5th Week Strategic Integration of Executive Management and the Audit Function
6th Week Assurance-Providing Structures: The Internal Control System & COSO Framework
7th Week Midterm Exam
8th Week Auditing and Enterprise Risk Management (ERM) in Environments of Uncertainty
9th Week Modern Audit Architecture and Design in ContemporaryManagement
10th Week Applied Studies: Internal Control Case Applications
11th Week Applied Studies: Enterprise Risk Management Applications
12th Week Applied Studies: Internal Audit Applications
13th Week Applied Studies: External (Independent) Audit Management
14th Week Case Studies: Analyzing Real-World Corporate Crises
Recommended or Required ReadingArens, A.A., Elder, R.J., Beasly, M.S., & Hogan, C.E. (2017). Auditing and Assurance services. 16th ed. Global Edition.

Bakkal, H., Tunç, İ. ve Kasımoğlu, A. (2016). İç kontrol ve kurumsal risk yöntemi. İstanbul: İdeal Kültür Yayıncılık.

COSO, The Committee of Sponsoring Organizations of the Treadway Commission. Internal Control. (2013). Internal Control?Integrated Framework, Executive Summary.

COSO, The Committee of Sponsoring Organizations of the Treadway Commission. (2017). Enterprise Risk Management Integrating with Strategy and Performance Executive Summary.

Demirbaş, T. ve Çetinkaya, Ö. (2018). Kamu mali yönetiminde kontrol ve denetim. Bursa: Ekin Yayınevi. Derici, O. (2015). İç kontrol sistemi ve risk yönetimi. Ankara: Bekad Yayınları.

Derici, O. (2015). İç kontrol sistemi ve risk yönetimi. Ankara: Bekad Yayınları

Eray, A.T. (2020) Türkiye?de İç Kontrolün Performansı: Bir Model Önerisi, Doktora Tezi. Başkent Üniversitesi, Ankara.

Güredin, E. (2014). Denetim ve güvence hizmetleri (14. baskı). İstanbul: Türkmen Kitabevi.

Keskin, D. A. (2006). İç kontrol sistemi kontrol öz değerlendirme. İstanbul: Beta Basım Yayın.

Mil, H. İ. (2016). Türk kamu denetim sistemi. Ankara: Gazi Kitabevi.

Sakin, T. (2017). İç kontrol sistemi ve iç denetim. İstanbul:Çağlayan Kitabevi.

Selimoğlu, S., K. ve Özbek, C., Y. (2018). İç Denetim: Uluslararası iç denetim standartları ile uyumlu. Ankara: Nobel Yayıncılık.

Selimoğlu, S., K., Özbirecikli, M. ve Uzay, Ş. (2017). Bağımsız denetim: Türkiye denetim standartlarıyla uyumlaştırılmış (2. baskı). Ankara: Nobel Yayıncılık.

Usul, H. ve Mizrahi, R. (2016). Risk Odaklı Denetim. Ankara: Detay Yayıncılık.

Varoğlu, A. K. ve Basım, H. N. (Ed.). (2009). Örgütlerde değişim ve öğrenim. İstanbul: Siyasal Yayın-Dağıtım.

Whitting, O. R. & Pany, K. (1998). Principles of auditing. (20thed.) McGraw-Hill Book, Singapore.

Yazıcı, M. (2018). İşletmelerde risk yönetimi ve karar verme. İstanbul: Beta Yayıncılık.

Yılancı, F. M. (2015). İç Denetim ve iç kontrol değerlendirmerehberi (3. baskı). Ankara: Detay Yayıncılık.

List will be provided to students during the course.
Planned Learning Activities and Teaching Methods
  • Lecture
  • Discussion
  • Questions/Answers
  • Research
  • Reporting
Assessment Methods and Criteria
Quantity Percentage (%)
Mid-term 1 30
Assignment 2 30
Total(%) 60
Contribution of In-term Studies to Overall Grade(%) 60
Contribution of Final Examination to Overall Grade(%) 40
Total(%) 100
ECTS Allocated Based on Student Workload
Activities Quantity Duration (Hour) Total Workload (Hour)
Midterm exam 1 1 1
Preparation for Quiz
Individual or group work 14 2 28
Preparation for Final exam 1 35 35
Course hours 13 3 39
Preparation for Midterm exam 1 20 20
Laboratory (including preparation)
Final exam 1 2 2
Homework 2 15 30
Total Work Load155
Total Work Load / 30 (h)5.16
ECTS Credit of the Course5
Language of InstructionTurkish
Work Placement(s)No

Programme Qualifications / Learning Outcomes

LO1 LO2 LO3 LO4 LO5 LO6 LO7 LO8 LO9
K1 X X X X X X X X X
K2 X X X
K3 X X X X X X X
K4 X
K5 X X X X X X X
K6 X X X
K7
K8
K9 X X X
K10 X X X
K11
K12
K13 X X X