AUDITIING

PREREQUISITES

Fundamental Accounting; Financial Accounting; Taxation

OBJECTIVES

This course is offered for senior undergraduates. It is about the principles of auditing and auditing practice. This course includes types and procedure of auditing, auditing standard, auditing evidence, review of internal control system, sales and receipt circle auditing, purchase and payment circle auditing, production and expenditure circle auditing, financing and investment circle auditing, auditing report, etc.

PROGRESSIVE ASSESSMENT

Coursework assignment (20%)

2 hour examination (80%)

RECOMMENDED TEXTS

1. Qin, Rong-sheng and Lu, Chun-quan, Auditing, the Latest Edition, Renmin University of China Press.

2. CICPA, Auditing, the Latest Edition, Economic Science Press.

TOPICS TO BE COVERED IN THE LECTURES/ CLASS SCHEDULE

Week 1: Introduction

Week 2: Types, Methods and Procedure of Auditing

Week 3: Organizational Forms of Auditing in China (Ⅰ)

Week 4: Organizational Forms of Auditing in China (Ⅱ); Auditing Standard and Auditing Basis

Week 5: Auditing Evidence and Auditing Working Paper; Materiality

Week 6: Internal Control System and Its Review

Week 7:Sales and Receipt Circle Auditing(Ⅰ)

Week 8: Sales and Receipt Circle Auditing(Ⅱ)

Week 9: Purchase and Payment Circle Auditing(Ⅰ)

Week 10: Purchase and Payment Circle Auditing(Ⅱ)

Week 11: Production and Expenditure Circle Auditing (Ⅰ)

Week 12: Production and Expenditure Circle Auditing (Ⅱ)

Week 13: Financing and Investment Circle Auditing(Ⅰ)

Week 14: Financing and Investment Circle Auditing(Ⅱ)

Week 15: Currency Capital Auditing

Week 16: Completing Auditing and Auditing Report