Audit and Assurance Services 2

Code

BUSI3084

School

Nottingham University Business School

Level

3

Credits

10

Semesters

Spring Malaysia

Summary

This is a continuation module from Audit and Assurance Services 1, which considers:

• Regulatory framework and environment of audit and assurance services
• Planning an audit assignment
• Risk assessment
• Audit documentation
• Audit evidence and audit procedures
• Audit of specific items: receivables, inventories, payables and accruals, bank and cash balances, fixed assets and etc.
• Audit sampling
• Computer-assisted audit techniques
• Audit review and finalization
• Reporting

Target Students

Available to Part II Business School students with the required pre-requisiteBUSI2090 Audit Assurance Services 1.

Classes

• One 2-hour workshop each week for 3 weeks
• One 2-hour lecture each week for 10 weeks

Ten 2-hour lectures and three 2-hour workshop per semester

Assessment

• 100% Exam 1 (2-hour): One 2-hour examination

Assessed by end of spring semester

Educational Aims

Learning Outcomes

Knowledge and understanding

This module develops a knowledge and understanding of:

• The sources, uses and management of finance.
• The use of accounting and other information systems for planning, control, and decision making.
• The development of appropriate policies and strategies within a changing environment to meet stakeholder interests.

Intellectual skills

This module develops:

• The ability to analyse facts and circumstances to determine the cause of a problem and identifying and selecting appropriate solutions.
• The ability to analyse and evaluate a range of business data, sources of information and appropriate methodologies, which includes the need for strong digital literacy, and to use research for evidence-based decision-making.

Professional practical skills

This module develops:

• Qualitative skills including the ability to work with case studies.
• The ability to apply business models to business problems and phenomena.
• Self-analysis and awareness/sensitivity to diversity in terms of people and cultures. This includes a continuing appetite for development.

Transferable (key) skills

This module develops:

• Communication and listening including the ability to produce clear, structured business communications in a variety of media.
• Self-management and a readiness to accept responsibility and flexibility, to be resilient, self-starting and appropriately assertive, to plan, organise and manage time.
• Learning to learn and developing an appetite for reflective, adaptive and collaborative learning.
• The interpersonal skills for effective listening, negotiating, persuasion and presentation.

Conveners

• Dr Omair Haroon