UNIVERSITI TEKNOLOGI MARA
40450, SHAH ALAM
Semester: JANUARY 2014
: BACHELOR OF ACCOUNTANCY
: AC 220
: ADVANCE AUDITING
: AUD 610
: 2 hours per week
: 1 hour per week
Evaluate the professional conduct and ethics of an auditor
Explain auditors’ liability and audit risk
Explain the significance of client’s IT and its implication on business activities and audit process, role of CAATs in audit work , the nature of internal audit and how internal audit can be used to evaluate performance CO4
Evaluate audit findings, review of subsequent events, contingencies and commitments at the completion stage and evaluate the nature, timing and extent of the group audit procedures CO 5
Explain and distinguish between audit and audit related services other than financial statement audit such as audit procedures, due diligence review, review services and compilation
Identify, classify, record, summarize economic events and prepare financial statements in accordance with applicable approved accounting standards for organizations and simple structured groups. PO 2
Provide, interpret and evaluate financial and non-financial information to help management make economic decisions. PO 3
Apply shariah principles in accounting for financial transactions. PO 4
Use and evaluate information technologies and systems for the attainment of organizational objectives. PO 5
Prepare tax returns and advise on tax matters for individuals and business entities. PO 6
Perform audits for business entities using appropriate technologies. PO 7
Think critically in the application of knowledge and suggest possible solutions to accounting issues. PO 8
Synthesise knowledge from other functional areas of business to solve organizational problems. PO 9
Work collaboratively in a management team.
Communicate effectively, both orally and in writing, with different stakeholders. PO 11
Demonstrate behaviour consistent with professional ethics and social responsibility. PO12
Demonstrate a commitment to life-long learning and professional development. PO13
Demonstrate leadership and entrepreneurial skills.
CO- PO (MOHE) MATRIX:
a. Able explain the importance of Professional Ethics, evaluate the professional conduct and ethics of an auditor, able to explain the auditors’ liability, what is quality control and know what is audit risk
b. Able to explain the significance of client’s IT, its implication on business activities and audit process, role of CAATs in audit work , the nature of internal audit and how internal audit can be used to evaluate performance
c. Able to evaluate audit findings, review of subsequent events, contingencies and commitments at the completion stage and evaluate the nature, timing and extent of the group audit procedures; audit report and able to identify fraudulent financial reporting
d. Able to explain and distinguish between audit and audit related services other than financial statement audit such as audit procedures, due diligence review, review services and compilation;
e. Able to know and discuss the current issues facing the auditing profession
TOPIC OUTCOME (TO)
Overview of OBE.
Overview of the course via lesson plan and syllabus contents. Ability to:
Understand the significance important of adopting OBE for the course. Recognize FACT program educational objectives (PEOs).
Recognize FACT program...
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