Corporate Governance and Special Topics in Auditing (3 cr)
Code: LT00CG46-3001
General information
Enrollment
01.05.2021 - 30.09.2021
Timing
27.09.2021 - 03.12.2021
Credits
3 op
Teaching languages
- Finnish
Degree programmes
- Bachelor of Business Administration, Business Management
Teachers
- Tuulia Potka-Soininen
Student groups
-
LITA19A
Objective
The student is capable of defining the concept of corporate governance and is able to evaluate its meaning to a company. The student is able to explain the concepts of risk management and internal controls and is able to analyze the meaning of these to a company. The student is able to define and recognize special issues in an auditor's reporting and other tasks performed by the auditor besides statutory audit. Besides the Accounting Act, the student is able to interpret the implications of other regulations to an audit. As regards to performing an audit, the student is able to take into account the special features of different types of business organizations.
Content
- Corporate Governance
- Risk management, internal controls and fraud
- Regulation concerning auditing in the Companies Act and Securites Market Act
Materials
- ST-Akatemia: Tilintarkastajan raportointi (latest edition)
- ST-Akatemia: Kansainväliset tilintarkastusalan standardit (online)
- Ari-Matti Korkeamäki: Tilintarkastuksen perusteet (2017)
- Auditing Act (2015)
- Companies Act (2006)
- Securities Market Act (2012)
- other material as informed by the instructor
Teaching methods
- lectures and guided practice
- independent work
Employer connections
Work placement is not included in the course.
Student workload
- lectures and guided practice 36 h
- independent work 45 h
Evaluation scale
1-5
Assessment criteria, satisfactory (1)
The student is able to define special issues in an auditor?s reporting and other tasks performed by the auditor besides statutory audit. The student is able to explain the concepts of risk management and internal controls. The student is capable of defining the concept of corporate governance. Besides the Accounting Act, the student is able to interpret the implications of other regulations to an audit. As regards to performing an audit, the student is able to take into account the special features of different types of business organizations.
Assessment criteria, good (3)
The student is able to define and recognize special issues in an auditor?s reporting and other tasks performed by the auditor besides statutory audit. The student is able to explain the concepts of risk management and internal controls and is able to analyze the meaning of these to a company. The student is capable of defining the concept of corporate governance and is able to evaluate its meaning to a company. Besides the Accounting Act, the student is able to interpret the implications of other regulations to an audit. As regards to performing an audit, the student is able to take into account the special features of different types of business organizations.
Assessment criteria, excellent (5)
he student is able to define and recognize special issues in an auditor?s reporting and other tasks performed by the auditor besides statutory audit. The student is able to explain the concepts of risk management and internal controls and is able to analyze the meaning of these to a company. The student is capable of defining the concept of corporate governance and is able to evaluate its meaning to a company. Besides the Accounting Act, the student is able to interpret the implications of other regulations to an audit. As regards to performing an audit, the student is able to take into account the special features of different types of business organizations.
Qualifications
- Prepaparing Financial Statements
- Company Law
- Auditing
- International auditing standards / Auditing techniques
Further information
As part of the course, the student must attend the financial administration case clinic in the autumn semester.