Infopaket

International audit activity

OK03

Обов’язкова дисципліна для ОП

Second

2023/2024

1 Semester

4

Essence, subject of audit. Audit principles. Structure of the audit. Classification of types of audit for different signs. Auditor's rules (standards). Services accompanying the audit. Auditor ethics. Restrictions on the audit. Rights and responsibilities of auditors. Conducting an audit. Audit risk and audit evidence, analytical procedures, audit opinion. Audit methodology.

1) Knowledge of general material implied by secondary education level programs, including those necessary for entering high school. 2) Knowledge of basic concepts in the field of audit, auditing. 3) Availability of skills in working with the Internet, searching for information and data. 4) Knowledge of English.

Introduction to the audit 1. The essence, subject, types and principles of audit 2. International Financial Reporting Standards 3. Audit rules (standards) 4. Conducting an audit 5. Audit risk and audit evidence, analytical procedures, audit opinion 6. Methods of audit 7. Information support 8. Audit of property and current assets of the enterprise 9. Audit of capital formation of the enterprise 10. Analysis of cash flows, liquidity and solvency of the enterprise 11. Analysis of financial stability, creditworthiness and business activity of the enterprise 12. Analysis of profitability and cost-effectiveness of the enterprise 13. Analysis of investment activities of the enterprise

1. Brenda Porter, Jon Simon, David Hatherly Principles of External Auditing, 2014, 2. Alan Millichamp, John Taylor. Auditing. 2018, 3. Rick Hayes, Philip Wallage, Hans Gortemaker. Principles of Auditing: An Introduction to International Standards on Auditing. 2014. 4. Craig Cochran. Internal Auditing in Plain English: A Simple Guide to Super Effective ISO. 2017. 5. K. H. Spencer Pickett. The Essential Guide to Internal Auditing, 2011. 6. Lynn Fountain. Leading the Internal Audit Function 2016. 7. J. Christopher Westland. Audit Analytics: Data Science for the Accounting Profession. 2020. 8. Guide to Data Analytics. 2018. 9. Leonard W. Vona. Fraud Data Analytics Methodology: The Fraud Scenario Approach to Uncovering Fraud in Core Business Systems. 2016. 10. Richard E. Cascarino Data Analytics for Internal Auditors. 2017. 10. Pauline Weetman. Financial Accounting. An introduction. 2019.

Lecture (powerpoint presentation), seminar, self-study

1. Working at seminars – speeches, additional remarks, debates, discussions, brief tests, typical problems solving – up to 28 points. 2. Case study report – up to 17 points. 3. Review paper (complex test) – up to 15 points. 4. Final evaluation – up to 40 points.

Ukrainian