Module Identifier AC31610  
Module Title THE ROLE OF AUDIT IN SOCIETY  
Academic Year 2005/2006  
Co-ordinator Professor David R Gwilliam  
Semester Intended for use in future years  
Next year offered N/A  
Next semester offered N/A  
Course delivery Lecture   /SEMINARS  
Assessment
Assessment TypeAssessment Length/DetailsProportion
Semester Exam2 Hours  60%
Semester Assessment  40%

Brief description

The main emphasis of this module is on the nature and purpose of the external auditor's role. The institutional and regulatory framework within which audits are conducted in the UK is analysed from an economic perspective. The question of what is the appropriate level of audit and audit related services in society is explored and a number of possible role extensions examined. The module also focuses on a number of issues, for example relating to audit independence and audit reporting, which are relevant to the question of whether auditors do in fact perform their ascribed role satisfactorily.

Reading Lists

Books
** Recommended Text
Sherer and Turley (1997) Current Issues in Auditing

Notes

This module is at CQFW Level 6