Study Guide

Objective

The student is capable of defining the content and the purpose of auditing is able to list and analyze the most fundamental aspects of the regulations regarding auditing. The student is able to name the requirements set for an auditor and auditor?s work and is able to apply these requirements to individual cases. The student is able to recognize and define auditor?s responsibilities and the content of an auditor?s work, as well as the various forms of auditor?s reports.
The student is able to read articles in English and to find information from sources in English. The student understands the international nature of the field and knows the meaning of international standards and practices. The student knows the major international organizations in the field.

The student knows the importance of technology in the work of an auditor: a tool for conducting an audit and a tool for analyzing information. The student understands the importance of knowledge management, knowledge correctness and information security in the work of an auditor as well as in companies. The student understands the importance of knowledge in decision making.

Content

- audit legislation
- audit content: management audit, audit of accounts, audit of annual accounts, audit of activity report
- audit reports.
- technology applications in auditing
- information security, importance of information

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

The student is capable of defining the core content and the purpose of auditing is able to list and analyze the most fundamental aspects of the regulations regarding auditing. The student is able to name the main requirements set for an auditor and auditor's work. The student is able to recognize and define auditor?s responsibilities and the content of an auditor?s work in its main aspects, as well as the various forms of auditor?s reports.
The student is able to read articles in English and to find information from given sources in English. The student understands the international nature of the field and knows the meaning of international standards and practices. The student knows the major international organizations in the field.

The student takes part in classroom work and discussions. The student understands the importance of knowledge management and knowledge in the auditor's work.

Assessment criteria, good (3)

The student is capable of defining the core content and the purpose of auditing is able to list and analyze the most fundamental aspects of the regulations regarding auditing. The student is able to name the main requirements set for an auditor and auditor?s work and is able to apply these requirements to individual cases. The student is able to recognize and define auditor?s responsibilities and the content of an auditor?s work in its main aspects, as well as the various forms of auditor?s reports.
The student is able to read articles in English and to find information from sources in English. The student understands the international nature of the field and knows the meaning of international standards and practices. The student knows the major international organizations in the field. The student understands the importance of knowledge management and knowledge in the auditor's work.

As a rule, the student actively participates in class work and most of the time participates constructively in class discussions. The student actively contributes to the group work being done and is an encouraging member of the group.

Assessment criteria, excellent (5)

The student is able to define the main content and objectives of auditing, is able to list and analyze the most important parts of auditing legislation and other legislation affecting auditing. The student is able to name the main requirements for the auditor and the audit work and is able to apply these requirements in individual cases. The student is able to identify and define the responsibilities of the auditor and the content of the work in its main features, as well as the different forms of the auditor's reporting.

The student is able to read English literature in the field and also search for information from English sources. The student knows the international nature of the field and knows the importance of international standards and regulations. The student knows the main international influential organizations in the field. The student understands the importance of information management and information in the work of an auditor.

The student actively participates in class work and participates constructively in class discussions. The student makes an active contribution to the group work and is an encouraging member of the group.

Qualifications

- Process of Financíal Statements