Undergraduate Course: Auditing (ACCN10009)

Course Outline
School	Business School	College	College of Humanities and Social Science
Credit level (Normal year taken)	SCQF Level 10 (Year 3 Undergraduate)	Availability	Available to all students
SCQF Credits	20	ECTS Credits	10
Summary	The main objective of the course is to enable students to form an understanding of the principles underlying the theory of auditing, of the regulatory framework of auditing and of practical audit approaches and techniques. The latter will be taught with reference to case studies. Students will also be introduced to the critique of the auditing profession and the profession's response. The course further aims to expose students to current academic research in the field of auditing and to enhance their generic and transferable skills.
Course description	Not entered

Entry Requirements (not applicable to Visiting Students)
Pre-requisites	Students MUST have passed: Accountancy 2A (ACCN08009) AND Accountancy 2B (ACCN08010)	Co-requisites
Prohibited Combinations		Other requirements	None

Information for Visiting Students
Pre-requisites	A pass in Accountancy 2A (ACCN08009) AND Accountancy 2B (ACCN08010) equivalents. Visiting students should have at least 3 Business/Accountancy related courses at grade B or above (or be predicted to obtain this). We will only consider University/College level courses.

Course Delivery Information

Academic year 2014/15, Available to all students (SV1)		Quota: None
Course Start	Semester 1
Timetable	Timetable
Learning and Teaching activities (Further Info)	Total Hours: 200 ( Lecture Hours 20, Summative Assessment Hours 3, Revision Session Hours 2, Programme Level Learning and Teaching Hours 4, Directed Learning and Independent Learning Hours 171 )
Assessment (Further Info)	Written Exam 70 %, Coursework 30 %, Practical Exam 0 %
Additional Information (Assessment)	Examination - 70% Group Case Study (4,000 words) - 30% Visiting Student Variant Assessment: 2 x 2,000 word essays - 70% Group Case Study (4,000 words) - 30%
Feedback	Not entered
Exam Information
Exam Diet	Paper Name		Hours & Minutes
Main Exam Diet S2 (April/May)	Auditing		3:00

Academic year 2014/15, Part-year visiting students only (VV1)		Quota: None
Course Start	Semester 1
Timetable	Timetable
Learning and Teaching activities (Further Info)	Total Hours: 200 ( Lecture Hours 20, Revision Session Hours 2, Programme Level Learning and Teaching Hours 4, Directed Learning and Independent Learning Hours 174 )
Assessment (Further Info)	Written Exam 0 %, Coursework 100 %, Practical Exam 0 %
Additional Information (Assessment)	Examination - 70% Group Case Study (4,000 words) - 30% Visiting Student Variant Assessment: 2 x 2,000 word essays - 70% Group Case Study (4,000 words) - 30%
Feedback	Not entered
No Exam Information

Learning Outcomes
The aim of the course is to build upon prior study to further develop the student's appreciation of accounting practice. Through the use of group work and independent study, the course attempts to foster a knowledge and understanding of key theories within the discipline and the ability to critically appraise them. Knowledge and Understanding After completing this course, students should understand: - The nature of the audit function and benefits for the auditee, markets and society; - The critical importance of auditors being independent and ethical; - The nature of the auditor's responsibility for the detection and reporting of fraud - The regulatory framework audit is subject to; - The procedures auditors undertake from appointment to reporting; - What Corporate Governance is and the Auditor's role within best practice of corporate governance. Intellectual Skills Upon completing this course students should be able to: - Explain the meaning of the social purpose of auditing and key concepts of auditing; - Discuss the duties and responsibilities of auditors with respect to the law, society and the auditor's clients; - Evaluate the underlying concepts and theories used in auditing; - Evaluate the content and effectiveness of the Audit Report. Subject Specific Skills The course will develop the following subject-specific skills: - Be able to build up audit programmes and procedures appropriate for individual case studies based on audit risk; - Be able to explain and critically evaluate audit procedures from the viewpoint of the profession and wider society.

Reading List
None

Additional Information
Graduate Attributes and Skills	Not entered
Keywords	Aud

Contacts
Course organiser	Mr William Henry Tel: Email: v1whenr1@staffmail.ed.ac.uk	Course secretary	Miss Jen Wood Tel: (0131 6)50 8335 Email: J.Wood@ed.ac.uk