Course unit title

Auditing

Course unit code

AKA610

Type of course unit (compulsory, optional)

Compulsory

Level of course units (according to

EQF: first cycle Bachelor, second cycle Master)

Second Cycle Master

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

2021–2022

Semester/trimester when the course unit is delivered

1st semester

Number of ECTS credits allocated

4.8 ECTS

Name of lecturer(s)
  1. Dr. Zaenal Fanani
  2. Prof. Dr. Arsono

Learning outcomes of the course unit

The objectives of this course are:

  1. To improve understanding of basic audit concepts such as: audit evidence, materiality, audit risk, and judgment in audits
  2. To discuss and analyze the professional standards of public accountants
  3. To improve the ability to carry out research within the scope of professional standards of public accountants
  4. To raise awareness of important issues related to auditor ethics
  5. Interpret the independent auditor's report
  6. To increase understanding of the Sarbanes-Oxley Act 2002 and its implications for audit practice
  7. To improve reading, writing, and oral communication skills associated with auditor tasks

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

Face-To-Face and Distance Learning (using AULA UNAIR)

Prerequisites and co-requisites (if applicable)

-

Course content
  1. Theoretical framework for auditing
  2. The role of the audit
  3. Key concepts of agency theory
  4. Demand and supply for financial information
  5. The demand for auditing 
  6. The relevance of audit reports
  7. Current professional auditing 
  8. Current professional auditing standards on audit evidence
  9. Current professional auditing standards on internal control
  10. Internal control issues
  11. Current professional auditing standards on audit reports
  12. Audit of high risk accounts
  13. Code of professional standards
  14. Ethical responsibilities of independent auditors
  15. Professional roles
  16. Professional issue
  17. International cases

Recommended or required

reading and other learning resources/tools
  1. Robert Mautz and Sharif, The Philosophy of Auditing, American Accounting Association, 1961. (MS)
  2. Arens, Alvin, R. Elder, and, M. Beasley (2011). Auditing and Assurance Services, (14th ed.).Pearson Publishing. (AEB)
  3. Knapp, Michael C., Contemporary Auditing Real Issues & Cases, 9th Edition, South-Western Publishing, 2011 (K)
  4. IAPI (2011). Professional standards for public accountants, Salemba Empat. (SPAP)

Planned learning activities and teaching methods
  1. Lectures
  2. Discussion
  3. Individual assignments

Language of instruction

Indonesian

Assessment methods and criteria

Midterms 40%, Finals 60%