Nevşehir Hacı Bektaş Veli University Course Catalogue

Information Of Programmes

INSTITUTE OF SOCIAL SCIENCES / MUD-510 - ACCOUNTING AND AUDITING (MASTER'S DEGREE WITHOUT THESIS)

Code: MUD-510 Course Title: INDEPENDENT AUDITING STANDARDS Theoretical+Practice: 3+0 ECTS: 6
Year/Semester of Study 1 / Spring Semester
Level of Course 2nd Cycle Degree Programme
Type of Course Optional
Department ACCOUNTING AND AUDITING (MASTER'S DEGREE WITHOUT THESIS)
Pre-requisities and Co-requisites None
Mode of Delivery Face to Face
Teaching Period 14 Weeks
Name of Lecturer FİLİZ ÖZŞAHİN KOÇ (filiz.ozsahin@nevsehir.edu.tr)
Name of Lecturer(s)
Language of Instruction Turkish
Work Placement(s) None
Objectives of the Course
The aim of this course is to teach independent auditing principles and practices.

Learning Outcomes PO MME
The students who succeeded in this course:
LO-1 Understands the general structure of independent audit standards. PO-4 Have the ability to analyze accounting information analytically and systematically.
Examination
LO-2 Recognizes and follows legal regulations regarding independent audit standards. PO-3 Have the ability to transfer their knowledge of accounting to employees and teammates within the business.
PO-4 Have the ability to analyze accounting information analytically and systematically.
Examination
LO-3 Ensures that the Independent Audit process and the activities to be performed in this process are understood within the framework of audit standards. PO-4 Have the ability to analyze accounting information analytically and systematically.
PO-5 Can use accounting information in business decisions and practices.
Examination
PO: Programme Outcomes
MME:Method of measurement & Evaluation

Course Contents
The purpose and general principles of independent auditing, conditions for performing independent auditing activities, independent auditing contract, independent auditing quality control, certification of independent auditing work, the responsibility of the independent auditor regarding fraud and irregularities in the independent auditing of financial statements, taking into account the legislation to which the independent audited business is subject, independent auditing, Communicating audit-related issues to responsible persons, planning the independent audit.
Weekly Course Content
Week Subject Learning Activities and Teaching Methods
1 Purpose and general principles of independent audit, conditions for performing independent audit activities, independent audit contract, control of independent audit quality Lecture, Question and Answer
2 Documenting the independent audit work, the responsibility of the independent auditor regarding fraud and irregularities in the independent audit of financial statements, taking into account the legislation governing the independent audited business, communicating the matters related to the independent audit to the responsible persons, planning the independent audit, understanding the business, its operating conditions and its relations with its environment, and Evaluating the risk of material misstatement regarding matters Lecture, Question and Answer
3 Materiality in independent audit, independent audit techniques to be applied against assessed risks, Independent Audit Regarding Outsourcing Businesses Lecture, Question and Answer
4 Independent Audit Evidence, Independent Audit Evidence - Matters to be Considered for Special Account Items Lecture, Question and Answer
5 Verification Obtained from External Sources, Initial Independent Audits Opening Balances Lecture, Question and Answer
6 Analytical Review Techniques, Independent Audit Sampling and Other Selected Testing Techniques Lecture, Question and Answer
7 Independent Audit of Accounting Estimates, Independent Audit of Fair Value Calculations and Related Disclosures to the Public, Related Parties Lecture, Question and Answer
8 mid-term exam
9 Events Occurring After the Balance Sheet Date, Continuity of the Business Lecture, Question and Answer
10 Confirmation Letters Containing the Responsibilities of Business Management Lecture, Question and Answer
11 Utilizing the Work of Other Independent Auditors in Independent Audit Lecture, Question and Answer
12 Utilizing Internal Audit Studies in Independent Audit Lecture, Question and Answer
13 Utilizing Expert Studies in Independent Audit, Independent Audit Reports on General Purpose Full Set Financial Statements Lecture, Question and Answer
14 Principles of Reporting, Comparative Information in Cases of Giving a Qualified or Negative Opinion or Refraining from Expressing an Opinion in the Independent Audit Report Lecture, Question and Answer
15 Principles of Reporting, Comparative Information in Cases of Giving a Qualified or Negative Opinion or Refraining from Expressing an Opinion in the Independent Audit Report Lecture, Question and Answer
16 final exam
Recommend Course Book / Supplementary Book/Reading
1 SPK, Sermaye Piyasasında Bağımsız Denetim Standartları Hakkındaki Tebliğ (Seri X, No:22)
2 Güredin, Ersin, Denetim ve Güvence Hizmetleri, 11. Baskı, Arıkan Basım Yayım, İstanbul, 2007.
Required Course instruments and materials
Textbooks, Notebook, Blackboard

Assessment Methods
Type of Assessment Week Hours Weight(%)
mid-term exam 8 2 40
Other assessment methods
1.Oral Examination
2.Quiz
3.Laboratory exam
4.Presentation
5.Report
6.Workshop
7.Performance Project
8.Term Paper
9.Project
final exam 16 3 60

Student Work Load
Type of Work Weekly Hours Number of Weeks Work Load
Weekly Course Hours (Theoretical+Practice) 3 14 42
Outside Class
       a) Reading 3 14 42
       b) Search in internet/Library 3 14 42
       c) Performance Project 0
       d) Prepare a workshop/Presentation/Report 0
       e) Term paper/Project 0
Oral Examination 0
Quiz 0
Laboratory exam 0
Own study for mid-term exam 3 7 21
mid-term exam 2 1 2
Own study for final exam 4 7 28
final exam 3 1 3
0
0
Total work load; 180