Advanced Audit and AssuranceModule Details

Rationale

The course provides students with an in-depth understanding of the application of judgment and techniques in audit and assurance services as well as on advanced concepts and methodologies relating to planning and risk assessment, internal control and assurance engagement. By staying informed about these concepts, regulations, and best practices, students are better equipped to address the evolving challenges faced by auditors and assurance professionals. 

This course aims to enhance students’ knowledge and skills required for performing high-quality audits and other assurance engagements in the context of best practices and current developments.

Learning Outcomes

At the end of the course students will be expected to:

(i)     Apply judgment techniques and professional and ethical considerations within the audit framework based on the broad understanding of current issues and developments relating to the provision of audit-related and assurance services. 
(ii)    Prepare special reports and evaluate their findings. 
(iii)   Recognise the legal and regulatory environment and its impact on audit and assurance practice.
(iv)   Follow the operations required to meet the objectives of audit assignments and apply the International Standards on Auditing.
(v)    Recommend appropriate quality control policies and procedures in practice management. 
(vi)   Analyse current issues and developments relating to the provision of audit-related and assurance services.