Aims
Since the early 1980s there has been an explosion of auditing activity. In addition to financial audits there are now medical audits, technology audits, value for money audits, environmental audits, quality audits, teaching audits, and many others. This module aims to provide a knowledge and understanding of the key elements in the financial audit process.

Learning outcomes
Having followed this module a student should be able to:

• Discuss the need for auditing and explain its regulatory framework.
• Describe the work auditors undertake when planning an audit and explain the nature of the risk based approach to auditing and identify its components.
• Discuss the strengths and weaknesses of the various techniques which auditors can use when they are determining and evaluating accounting and internal control systems.
• Describe the test of detail performed in auditing the components of financial statements.
• Discuss the varius types and the general nature of the auditor's opinion.

Module outline
The current year's module outline can be found via The School's website