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.

Module outline and readings can be found at:

http://www.aber.ac.uk/smba/english/current/ac31610.htm