Accounting and Finance
£2360 (£1600 during the tuition waiver period)
The aim of this unit is to help learners understand the ability to choose and apply suitable investigative techniques to a variety of situations that are simple and non-simple in the accounting environment. The unit provides an emphasis on the aims, objectives and methods of auditors and their contribution to the achievement of a true and fair view on the published accounts.
Introduction to the module
The History and the Current Regulatory Environment for Auditing
Professional Ethics, Independence and Audit Quality
The Auditing and Assurance Environment
Governance and the Auditor
Audit Risk Assessment
The Linkage between Accounts Preparation and the Conduct of Audit
Developments in Auditing
1. Identify and evaluate the history and the current regulatory environment for auditing
2. Understand and critically apply the rules of professional conduct for the auditors
3. Evaluate the importance of legal and professional requirements when performing the audit
4. Critically analyse the effectiveness of audit monitoring processes
5. Identify the risk involved in an audit and the use of suitable measures to minimise the risk
6. Be able to identify and explain the linkage between accounts preparation and the conduct of audit
7. Identify and critically assess on the current developments in auditing
Citizens of the following countries are eligible for a 50% scholarship upon writing a personal statement. All scholarships are to be approved by the Academic Board. The list of countries are: Sri Lanka, Indonesia, Philippines, Bhutan, Morocco, Vietnam, Papua New Guinea, Laos, Cambodia, India, Nigeria, Ghana, Bangladesh, Laos, Myanmar, Pakistan, Nepal and South Africa. Please talk to your student counselor and ask for the Coupon Code to get the 50% Tuition Waiver.
To pass the unit a 40% overall grade must be achieved.