AUDIT PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
BUS424	AUDIT	8	3	3	7

GENERAL INFORMATION
Language of Instruction :	English
Level of the Course Unit :	BACHELOR'S DEGREE, TYY: + 6.Level, EQF-LLL: 6.Level, QF-EHEA: First Cycle
Type of the Course :	Compulsory
Mode of Delivery of the Course Unit	-
Coordinator of the Course Unit	Assist.Prof. ÇAĞLA TUĞBERK ARIKER
Instructor(s) of the Course Unit
Course Prerequisite	No

OBJECTIVES AND CONTENTS
Objectives of the Course Unit:	This course aims to acquire theoretical information on the audit process and auditing profession, to explain the aim and objective of audit and control, to acquire the ability to collect audit evidence and the ability to practice evaluation techniques and the ability to analyze audit risks.
Contents of the Course Unit:	Contents of the course include Auditing Types and Auditor Types, Accepted Auditing Standards, Auditing Process, Audit Evidences and Working Papers, Planning of Audit Significance, Risk and Evidence Concepts in Audit, Internal Control, Examination of Internal Control, Control Risk and Finding Risk Relation and Its Effect on Substantial Tests, Basic Concepts on Illustration, Illustration Approaches in Its Audit, Audit Loop Approach, Audit of Balance Sheet and Income Statement Items, Completing Audit and Audit Report.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)
Explain the theoretical information on audit.
List the regulations on auditing profession's applications in Turkey.
Describe aims and objectives of audit and control.
Explain main sections of audit report.
Apply control and substantial tests on Balance Sheet and Income Statement items.
Apply subjects on sampling and collecting evidence in audit.
Analyze the subjects of audit risk and significance.

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY
Week	Preparatory	Topics(Subjects)	Method
1	The relevant chapter in the coursebook	Auditing Types and Auditor Types	Lecture, Case Study, Brainstorming
2	The relevant chapter in the coursebook	Generally Accepted Auditing Standards	Lecture, Case Study, Brainstorming
3	The relevant chapter in the coursebook	Auditing Process	Lecture, Case Study, Brainstorming
4	The relevant chapter in the coursebook	Audit Evidences and Working Papers	Lecture & Discussion
5	The relevant chapter in the coursebook	Planning of Audit	Lecture & Discussion, Case Studies
6	The relevant chapter in the coursebook	Significance, Risk and Evidence Concepts in Audit	Lecture & Discussion, Examples
7	The relevant chapter in the coursebook	Internal Control	Lecture, Case Study, Brainstorming
8	-	MID-TERM EXAM	-
9	Reading of the relevant chapter in the coursebook	Examination of Internal Control	Lecture, Case Study, Brainstorming
10	The relevant chapter in the coursebook	Control Risk and Finding Risk Relation and Its Effect on Substantial Tests	Lecture & Discussion, Problem Solving
11	Reading of the relevant chapter in the coursebook	Basic Concepts on Illustration	Lecture & Discussion
12	Reading of the relevant chapter in the coursebook	Illustration Approaches in Its Audit	Lecture, Case Study, Brainstorming
13	The relevant chapter in the coursebook	Audit Loop Approach	Lecture, Case Study, Brainstorming
14	Reading of the relevant chapter in the coursebook	Audit of Balance Sheet and Income Statement Items,	Lecture, Case Study, Brainstorming
15	The relevant chapter in the coursebook	Completing Audit and Audit Report.	Lecture, Case Study, Brainstorming
16	-	FINAL EXAM	-
17	-	FINAL EXAM	-

SOURCE MATERIALS & RECOMMENDED READING
Hayes, R., Dassen, R., Schilder, A. & Wallage, P. (2005). Principles of Auditing, Second Edition, Pearson-Prentice Hall.
Whittington, R. & Pany, K. (2019). Principles of Auditing & Other Assurance Services, 21th Edition, McGraw Hill.
Knapp, M.C. (2017). Contemporary Auditing, 11th Edition, South-Western College Publication.

ASSESSMENT
Assessment & Grading of In-Term Activities	Number of Activities	Degree of Contribution (%)	Description

Level of Contribution
0	1	2	3	4	5

KNOWLEDGE
Theoretical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Define the theories, concepts and principles of the basic and sub-fields of business.			2
2	Explain business functions and processes based on current scientific sources.			2

KNOWLEDGE
Factual
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Relate internationally valid business cases with the theories and concepts of other social sciences.			2

SKILLS
Cognitive
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Explain the current events and facts in his / her field analytically and systematically based on advanced knowledge and skills he / she has.				3

SKILLS
Practical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Use the theoretical and factual knowledge in business for occupational practices.					4
2	Solve individual and organizational problems in business life.			2
3	Use computer programs (SPSS, R, Excel, Stata) efficiently against the complex business problems.				3

OCCUPATIONAL
Autonomy & Responsibility
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Plan research and work using knowledge and skills gained in the field of business.				3
2	Organize the activities for organizational goals and purposes independently.					4

OCCUPATIONAL
Learning to Learn
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Criticize advanced knowledge and skills in the field with a critical approach.				3
2	Develop the existing knowledge and skills with a critical point of view under the impact of scientific, technological and current developments.			2

OCCUPATIONAL
Communication & Social
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Express his/her knowledge, thoughts and solutions on business to related stakeholders in written and verbal ways.						5
2	Use the information and communication technology software and equipment required for business.					4

OCCUPATIONAL
Occupational and/or Vocational
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Apply the social, scientific, cultural and ethical values at the stages of collection of data, their implementation, interpretation and announcement of results in the field of business.					4
2	Relate the concepts of social rights, occupational safety, employee health, quality management and sustainability with the cases in business life.				3

WORKLOAD & ECTS CREDITS OF THE COURSE UNIT
Workload for Learning & Teaching Activities
Type of the Learning Activites	Learning Activities (# of week)	Duration (hours, h)	Workload (h)
Lecture & In-Class Activities	14	3	42
Preliminary & Further Study	14	3	42
Land Surveying	0	0	0
Group Work	2	6	12
Laboratory	0	0	0
Reading	14	1	14
Assignment (Homework)	14	2	28
Project Work	0	0	0
Seminar	0	0	0
Internship	0	0	0
Technical Visit	0	0	0
Web Based Learning	0	0	0
Implementation/Application/Practice	14	1	14
Practice at a workplace	0	0	0
Occupational Activity	0	0	0
Social Activity	0	0	0
Thesis Work	0	0	0
Field Study	0	0	0
Report Writing	0	0	0
Final Exam	1	1	1
Preparation for the Final Exam	1	10	10
Mid-Term Exam	1	1	1
Preparation for the Mid-Term Exam	1	10	10
Short Exam	0	0	0
Preparation for the Short Exam	0	0	0
TOTAL	76	0	174