Information Package

Program of Accounting and Finance Management

MUH441

AUDITING

Course Code
MUH441
Semester
Seventh Term (Fall)
Theory+Practice
3 + 0
ECTS
5
Course TypeCompulsory Course
Course LevelBachelor's Degree
Year of Study4
SemesterSeventh Term (Fall)
ECTS5
Name of Lecturer(s)
Learning Outcomes

At the end of this course, the students;

  1. Define accounting audit, types, nature of the auditor and establish the relationship between accounting and auditing.
  2. Define auditing standards and discuss the importance of these standards on accounting.
  3. Know and can explain generally accepted auditing standards.
  4. Define the audit process and know how to apply this process.
  5. Know the internal control system and can explain the elements of internal control.
  6. Establish the relationship between internal control system and independent audit.
  7. Know how to prepare the audit report.
  8. Know the processes of auditing the assets, resources, income and expense accounts of the enterprise.
  9. Have basic knowledge about legal legislation such as Commercial Code, Capital Market Legislation, Professional Legislation, which are closely related to accounting auditing.
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme ComponentsNone
Course DescriptionThis course covers the importance and types of accounting audit, auditing standards and process, audit engagements, audit planning, internal control system and asset and liability audit. It also covers the preparation of the audit report.
Course Contents
WEEK TOPICS
1st Week Definition of auditing
2nd Week The relationship between accounting and auditing.
3rd Week Categories of auditing
4th Week Categories of auditing
5th Week Generally Accepted Auditing Standards
6th Week Internal Control System
7th Week Midterm exams
8th Week Auditing Process
9th Week Auditor's Report
10th Week Auditor's Report
11th Week Audit of asset accounts
12th Week Audit of liability accounts
13th Week Audit of income and expense accounts
14th Week Review
Recommended or Required ReadingAuditing and Assurance Services, Robertson J.C., Timothy J.
Denetim, Güredin E.
Planned Learning Activities and Teaching Methods
  • Lecture
  • Discussion
  • Questions/Answers
  • Presentation
Assessment Methods and Criteria
Quantity Percentage (%)
Mid-term 1 30
Assignment 1 10
Quiz 1 10
Total(%) 50
Contribution of In-term Studies to Overall Grade(%) 50
Contribution of Final Examination to Overall Grade(%) 50
Total(%) 100
ECTS Allocated Based on Student Workload
Activities Quantity Duration (Hour) Total Workload (Hour)
Midterm exam 1 3 3
Preparation for Quiz 1 6 6
Individual or group work 14 3 42
Preparation for Final exam 1 30 30
Course hours 14 3 42
Preparation for Midterm exam 1 20 20
Laboratory (including preparation)
Final exam 1 3 3
Homework 1 5 5
Total Work Load151
Total Work Load / 30 (h)5.03
ECTS Credit of the Course5
Language of InstructionTurkish
Work Placement(s)No
LO1 LO2 LO3 LO4 LO5 LO6 LO7 LO8 LO9
K1
K2
K3
K4
K5
K6
K7 X X X X X X X X X