FINANCIAL AUDIT II (4 SCU)

Learning outcomes:

Upon successful completion of this course, students are expected to be able to: apply methodology of internal controls over specific cycle; design and perform test of controls and other tests for specific cycle; describe type of audit sampling for audit tests; describe and apply impact of information technology on audit process; describe the implementation of audit program.

Topics:

This course teaches students to apply audit concepts in various accounting cycles, apply sampling techniques in compiling audit evidence, and explain audit operational concept. The course also explains about sampling in audits, sampling on control and substantive tests, auditing the revenue cycle, auditing the expenditure cycle, auditing on production and personnel service cycle, auditing the investing and financing cycle, auditing investment and cash balances, completing the audit and reporting, other assurance services, and government auditing.

Pre-requisite(s): Financial Audit I