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Information
| Code | EMG32719 |
| Name | Auditing and Professional Law |
| Term | 2024-2025 Academic Year |
| Semester | . Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 6 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Yüksek Lisans Dersi |
| Type | Normal |
| Mode of study | Uzaktan Öğretim |
| Catalog Information Coordinator | Prof. Dr. KORAY TUAN |
Course Goal / Objective
To show the implementation of audit activities in line with laws, standards and guidelines with emphasis external audit and the importance of external auditor and to gain power of interpretation in process of forming the audit opinion
Course Content
To form an opinion on the legal regulations and standards leading financial statements audit, to explain the audit process, to increase the strenght of interpretation in process of the collection and the evaluation of audit evidence, to provide information about the audit opinion and reporting.
Course Precondition
none
Resources
lecture notes
Notes
all books
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | To understand concept, boundaries and structure of auditing |
| LO02 | To teach the students about the differences between types of audit and to learn about scope of financial statement auditing |
| LO03 | To teach the students about the regulations guiding profession of accounting and auditing in Turkey, its scope and its impact on the profession |
| LO04 | To teach the students about the general structure of Auditing Standards |
| LO05 | To understand Customer Acceptance Process in Auditing |
| LO06 | To teach the student about the phases of the audit process |
| LO07 | To teach the students about internal control system and its importance in terms of external auditing |
| LO08 | To teach the students about the concepts of materiality and risk and its importance in terms of audit opinion |
| LO09 | To teach the students about mid-term and end of period audit tests |
| LO10 | To teach the students about the process of creation and reporting of audit opinion |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Ability to comprehend the basic principles of accounting, auditing and tax issues and use these principles together effectively | 3 |
| PLO02 | Bilgi - Kuramsal, Olgusal | To explain the basic theoretical models in the accounting science and to list, define and use the new input systems in the literature; specify the characteristics and weaknesses of each model and / or system. | |
| PLO03 | Bilgi - Kuramsal, Olgusal | Ability to identify, research and analyze accounting, auditing and tax issues. | |
| PLO04 | Bilgi - Kuramsal, Olgusal | To explain how to interpret the results obtained by applying the models in accounting | |
| PLO05 | Bilgi - Kuramsal, Olgusal | Understanding the legal and ethical issues encountered in the accounting profession. | |
| PLO06 | Bilgi - Kuramsal, Olgusal | Combining business management methods and accounting methods | 3 |
| PLO07 | Bilgi - Kuramsal, Olgusal | Achieve the most appropriate result by using basic financial analysis techniques | |
| PLO08 | Bilgi - Kuramsal, Olgusal | To take leadership by taking responsibility individually and / or in a team and to manage the accounting process effectively by carrying out the necessary work. | 3 |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Being aware of the necessity of lifelong learning | |
| PLO10 | Beceriler - Bilişsel, Uygulamalı | Utilizing different sources within the framework of academic rules in a new field of accounting, synthesizing the information obtained and presenting effectively | |
| PLO11 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Written and oral communication competence | 4 |
| PLO12 | Yetkinlikler - Öğrenme Yetkinliği | Questioning applications and methods, developing and implementing new working methods when deemed necessary. | 3 |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | By making research on accounting science, forming the basis for the right decision making process | 4 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Data Reliability, Need for Audit, Auditing, its elements and other related concepts | Reading of the topic through relavant sources | Öğretim Yöntemleri: Anlatım, Tartışma |
| 2 | Types of audit and auditor. Generally Accepted Auditing Standards | Reading of the topic through relavant sources | Öğretim Yöntemleri: Anlatım, Tartışma |
| 3 | Regulations leading the profession in Turkey and Auditing Standards | Reading of the topic through relavant sources | Öğretim Yöntemleri: Anlatım, Tartışma |
| 4 | Customer Selection Process: Data acquisition, meeting with the former auditor, the audit letter of agreement | Reading of the topic through relavant sources | Öğretim Yöntemleri: Anlatım, Tartışma |
| 5 | Overview of the Audit Process, Audit Planning | Reading of the topic through relavant sources | Öğretim Yöntemleri: Anlatım, Tartışma |
| 6 | Materiality in Auditing and Concepts of Risk | Reading of the topic through relavant sources | Öğretim Yöntemleri: Anlatım, Tartışma |
| 7 | Investigation of Internal Control System | Reading of the topic through relavant sources | Öğretim Yöntemleri: Anlatım, Tartışma |
| 8 | Mid-Term Exam | Exam Preparation | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Preparation of audit programs: | Reading of the topic through relavant sources | Öğretim Yöntemleri: Anlatım, Tartışma |
| 10 | 1-Audit Evidence. Evidence Collection Methods and Techniques | Reading of the topic through relavant sources | Öğretim Yöntemleri: Anlatım, Tartışma |
| 11 | 2-Audit Evidence. Evidence Collection Methods and Techniques | Reading of the topic through relavant sources | Öğretim Yöntemleri: Anlatım, Tartışma |
| 12 | Evaluation of the Findings. Working Papers | Reading of the topic through relavant sources | Öğretim Yöntemleri: Anlatım, Tartışma |
| 13 | Completion of the Auditing and the Audit Opinion | Reading of the topic through relavant sources | Öğretim Yöntemleri: Anlatım, Tartışma |
| 14 | Preparation of Audit Report | Reading of the topic through relavant sources | Öğretim Yöntemleri: Anlatım, Tartışma |
| 15 | Case studies on Audit Activities | Reading of the topic through relavant sources | Öğretim Yöntemleri: Anlatım, Tartışma |
| 16 | Term Exams | Exam Preparation | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | Exam Preparation | Ölçme Yöntemleri: Yazılı Sınav |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 5 | 70 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 15 | 15 |
| Final Exam | 1 | 30 | 30 |
| Total Workload (Hour) | 157 | ||
| Total Workload / 25 (h) | 6,28 | ||
| ECTS | 6 ECTS | ||