Course unit title

Internal Audit

Course unit code

AKA304

Type of course unit (compulsory, optional)

Compulsory

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Second Cycle Bachelor

Year of study when the course unit is delivered (if applicable)

2021–2022

Semester/trimester when the course unit is delivered

4th semester

Number of ECTS credits allocated

4.8 credits

Name of lecturer(s)

  1. Hendarjatno, Drs. M.Si.,Ak.
  2. Ardianto, Dr., S.E., M.Si., Ak.
  3. Widi Hidayat, Prof. Dr., S.E., M.Si., Ak., CMA.
  4. Yustrida Bernawati., Dr., S.E., M.Si., Ak
  5. Hartono, Drs., M.M., Ak., CMA.
  6. Soegeng Soetedjo, Prof., Dr., S.E., Ak.
  7. Iswajuni, Dra., M.Si., Ak.

Learning outcomes of the course unit

  1. Students are able to explain the concept of internal audit in organizations and understand the internal audit professional standards.
  2. Students are able to explain the concepts of internal control and risk management and evaluate the organization's internal control.
  3. Students are able to explain the process of planning and implementing internal audits in organizations.
  4. Students are able to explain the management and organization of the internal audit function in the organization.
  5. Students are able to understand the role of internal audit in the organization's code of ethics program and whistleblower program.
  6. Students are able to understand the role of internal audit in detecting and preventing fraud in organizations.
  7. Students are able to understand the role of internal audit as a company consultant.

Mode of delivery (face-to-face, distance learning)

Face-To-Face

Prerequisites and co-requisites (if applicable)

Accounting Information System

Course content

  1. Significance of Internal Auditing in Enterprises Today and An Internal Audit Common Body of Knowledge
  2. The COSO Internal Control Framework and the 17 COSO Internal Control Principles
  3. COBIT and Other ISACA Guidance
  4. Enterprise Risk Management: COSO ERM
  5. Performing Effective Internal Audits
  6. Testing, Assessing, and Evaluating Audit Evidence
  7. Control Self-Assessments and Internal Audit Benchmarking
  8. Areas to Audit: Establishing an Audit Universe and Audit Programs
  9. Managing the Internal Audit Universe and Key Competencies
  10. Documenting Audit Results through Process Modeling and Workpapers
  11. Reporting Internal Audit Results
  12. Board Audit Committee Communications
  13. Ethics and Whistleblower Programs
  14. Fraud Detection and Prevention
  15. Professional Certifications and the Modern Internal Auditor as an Enterprise Consultant

Recommended or required

reading and other learning resources/tools

  1. Moeller, R. 2016. Brink’s Modern Internal Auditing, 8th Ed. Wiley & Sons, Inc. (Required)
  2. Standar Profesi Audit Internal, 2004. Konsorsium Organisasi Profesi Auditor Internal. (Recommended)
  3. Moeller, R. 2004.Sarbanes-Oxley and the New Internal Auditing Rules. Wiley & Sons, Inc. (Recommended)

Planned learning activities and teaching methods

  1. Lectures
  2. Group work
  3. Individual assignments

Language of instruction

Bilingual, Bahasa Indonesia and English

Assessment methods and criteria

Assignments