Auditing (AUD)

Course description

The course covers what auditors do, perceptions of how audit creates value, and the auditor's role in society
through an in-depth analysis of audit practice, laws and regulations and relevant theory about auditing. The
focus is on the statutory audits of private companies, but the course also analyzes the borders auditing in order
to problematize what constitutes the "core" of auditing.
The course covers the following four areas:
• Theories about auditing
• Key concepts such as: Materiality, risk, independence.
• The role of auditing and auditors in society.
• Auditing as a negotiated practice.
• Auditing as a constitutive practice.

Intended Learning Outcomes
Upon completion of the course, students should be able to:
Knowledge and understanding
1. Understand and explain the main features of the performance of an audit.
2. Understand and explain the key concepts of auditing.
Skills and abilities
3. Demonstrate their skills and abilities to communicate findings and issues in auditing.
4. Relate theories of auditing to audit practice.
Judgment and approach
5. Critically discuss and reflect on auditing and the auditor's role in relation to the key stakeholders of
auditing and society at large.

Change semester  

Course title:
Semester: Spring term 2020
Study period: 3
Rate of studies: 100%
Level: Graduate level (second cycle)
Credits: 7.5
Language of instruction: English

Course code: FE4421



Course coordinator:
Toivo Lepp
Head of course:
Thomas Carrington
Thomas Carrington
Student services:
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