| CODE | ACC2294 | ||||||||
| TITLE | Auditing and the Public Sector | ||||||||
| UM LEVEL | 02 - Years 2, 3 in Modular Undergraduate Course | ||||||||
| MQF LEVEL | 5 | ||||||||
| ECTS CREDITS | 4 | ||||||||
| DEPARTMENT | Accountancy | ||||||||
| DESCRIPTION | This study-unit will introduce students to auditing. The study-unit will cover the regulatory framework of auditing and auditors; emphasise the importance of internal controls within accounting systems; and describe the audit of assets and liabilities. The study-unit deals with both external and internal auditing. Study-unit Aims: The aim of this study-unit is to provide students reading for the BA (Hons) Public Sector Accounting with an introduction to auditing concepts and principles. In the course of the delivery of this study-unit, the main auditing procedures will be explained, distinguishing between internal and external auditing. Learning Outcomes: 1. Knowledge & Understanding By the end of the study-unit the student will be able to: - Explain the nature of auditing; - Describe the scope of both internal and external audit work, and distinguish between the two types of auditing; - Critically assess the relationship of the auditor with the management of the organisation. 2. Skills By the end of the study-unit the student will be able to: - Relate the fundamental principles and standards which are used to govern the practice of auditing to real-life situations depicted in given case studies; - Design appropriate controls for a given case study, which controls would prove to be important tools for auditing. Main Text/s and any supplementary readings: - Millichamp, 2008. 鈥淎uditing鈥�, 9th Edition. - Porter, Simon & Hathery. "Principles of External Auditing", (latest edition). |
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| STUDY-UNIT TYPE | Lecture | ||||||||
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The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints. Units not attracting a sufficient number of registrations may be withdrawn without notice. It should be noted that all the information in the description above applies to study-units available during the academic year 2025/6. It may be subject to change in subsequent years. |
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