Module Identifier AC31510  
Academic Year 2001/2002  
Co-ordinator Mr Mahbub Zaman  
Semester Semester 1  
Pre-Requisite AC11020  
Course delivery Lecture   9 Hours  
  Workshop   9 Hours  
Assessment Course work     30%  
  Exam   2 Hours   70%  


People want to know more about what's going to happen tomorrow than what happened yesterday. The rules of business and the economy are changing at mind-boggling rates. Auditing can do much more than confirm the financial statements; it can be an important tool for helping management to assess where their companies are, where they want to be, and why they are not yet there. Such aspirations are evident in the explosion of auditing activity since the early 1980s and in the recent, significant developments in audit methodologies. The aim of the module is to provide students with an understanding of audit methodologies and the implications for risk management and assurance.

Learning outcomes

Having followed this module a student should be able to:

Reading Lists

James K Loebbecke. (1999) The Auditor: An Instructional Novella. Prentice Hall
Michael Sherer and Stuart Turley. (1997) Current Issues in Auditing. 3rd edition. Paul Chapman
Iain Gray and Stuart Manson. (2000) Audit Process: Principles, Practice and Cases. 2nd edition.
William Knechel. (2001) Auditing Assurance and Risk. 2nd edition. Prentice Hall
Josephine Maltby. Case Studies in Auditing. 2nd edition. Paul Chapman