Course Introduction

This Auditing course discusses the basics of accounting inspection (auditing). The material discussed in this course consists of three parts, namely: audit environment, audit planning, and audit testing methodology. The first part, the audit environment, discusses auditing and the public accounting profession, financial statement auditing and auditor responsibilities, and professional ethics. The second part, audit planning, discusses material: regarding objectives, audit evidence and working papers, acceptance of assignments and audit planning, materiality, risk and audit strategy, as well as understanding the internal control structure. The third part, audit testing methodology discusses determining control risk and testing of controls, detection risk and designing substantive tests, the use of statistical sampling and non-statistical sampling: and finally substantive testing.

Program Objectives (PO)