Postgraduate Course: Auditing in Modern Society (CMSE11517)
Course Outline
| School | Business School |
College | College of Arts, Humanities and Social Sciences |
| Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) |
Availability | Not available to visiting students |
| SCQF Credits | 20 |
ECTS Credits | 10 |
| Summary | Auditing is demanded by, and provides assurance to, a variety of internal and external stakeholders, while becoming more important, due to an increased demand for accountability. The course provides a critical evaluation of auditing and its role in society; its aim is to enable students to understand auditing in a wider context. |
| Course description |
The course is based on academic research and is designed to help students to make informed contributions to the academic literature and current debates on the role of auditing, its significance in society and the scope for reform. The principal aim of this course is to enable students to understand the audit function and auditing in a wider context, and to develop their own opinion/understanding on what the future development of the audit function and the auditing profession in general will be.
Syllabus:
Financial Audit
Internal control and risk management
Sustainability auditing
Audit and society
Auditing in the public sector
Social significance of auditing
Student learning experience:
This course will be divided into Learning Units. Each Unit will be accompanied by one or more teaching sessions and will address a specific subject area. In total, this course will comprise 10 timetabled sessions each of two-hour duration. These sessions will be interactive sessions delivered at the same time each week over the semester and students will be expected to participate in class discussion activities. Students will demonstrate their achievement of the intended learning outcomes through class discussion and the two types of assessment.
Tutorial/seminar hours represent the minimum total live hours - online or in-person - a student can expect to receive on this course. These hours may be delivered in tutorial/seminar, lecture, workshop or other interactive whole class or small group format. These live hours may be supplemented by pre-recorded lecture material for students to engage with asynchronously.
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Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
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Co-requisites | |
| Prohibited Combinations | |
Other requirements | None |
Course Delivery Information
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| Academic year 2021/22, Not available to visiting students (SS1)
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Quota: None |
| Course Start |
Semester 2 |
Timetable |
Timetable |
| Learning and Teaching activities (Further Info) |
Total Hours:
200
(
Seminar/Tutorial Hours 20,
Programme Level Learning and Teaching Hours 4,
Directed Learning and Independent Learning Hours
176 )
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| Additional Information (Learning and Teaching) |
Seminar/Tutorial hrs are the min total live hrs, online or in-person, students can expect to receive
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| Assessment (Further Info) |
Written Exam
70 %,
Coursework
30 %,
Practical Exam
0 %
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| Additional Information (Assessment) |
30% coursework (individual) - assesses course Learning Outcome 2
70% exam (individual) - assesses all course Learning Outcomes
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| Feedback |
Not entered |
| Exam Information |
| Exam Diet |
Paper Name |
Hours & Minutes |
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| Main Exam Diet S2 (April/May) | Auditing in Modern Society (CMSE11517) | 2:00 | |
Learning Outcomes
On completion of this course, the student will be able to:
- Explain and discuss the need for financial statement auditing and other forms of assurance.
- Demonstrate an understanding of major strands of research on issues relating to internal control and risk management, audit quality, auditor independence and judgement, audit technology and assurance of non-financial information.
- Develop an understanding of recent regulatory developments, and related research evidence concerning the auditors¿ role in society.
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Learning Resources
There is no set recommended textbook in connection with this course.
The course will make use of relevant academic journal articles (i.e. Accounting, Auditing and Accountability Journal- ISSN: 0951-3574, International Journal of Auditing- ISSN: 1099-1123, Managerial Auditing Journal- ISSN: 0268-6902) and pronouncements from regulatory bodies (i.e. International Audit and Assurance Standards Board (IAASB)). |
Additional Information
| Graduate Attributes and Skills |
Not entered |
| Keywords | Not entered |
Contacts
| Course organiser | Dr Eleni Chatzivgeri
Tel: (0131 6)50 8074
Email: Eleni.Chatzivgeri@ed.ac.uk |
Course secretary | Mrs Kelly-Ann De Wet
Tel: (0131 6)50 8071
Email: K.deWet@ed.ac.uk |
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