Audit and Assurance Services 1

Code

BUSI2090

School

Nottingham University Business School

Level

2

Credits

10

Semesters

Spring Malaysia

Summary

This first of the two audit and assurance services modules considers:

• Regulatory framework and environment of audit and assurance services
   
• Auditors' duties and liabilities
   
• Ethical principles governing an auditor
   
• Considerations in accepting a client
   
• Audit planning
   
• Risk assessment
   
• Audit procedures
   
• Evaluation of Internal control system
   
• Other assurance services

Target Students

Available to all Part I or Part II Business School students with the required pre-requisiteBUSI1103 Fundamentals of Financial and Management Accounting AND co-requisiteBUSI2150 Intermediate Corporate Reporting.

Co-requisites

Modules you must take in the same academic year, or have taken in a previous year, to enrol in this module:

• Intermediate Corporate Reporting (BUSI2150)

Classes

• One 2-hour seminar each week for 2 weeks
• One 2-hour lecture each week for 8 weeks

Eight 2-hour lectures and two 2-hour seminars per semester.

Assessment

• 100% Exam 1 (2-hour): One 2-hour examination

Assessed by end of spring semester

Educational Aims

Learning Outcomes

Knowledge and understanding:
This module develops a knowledge and understanding of:

• The use of accounting and other information systems for planning, control, and decision making.
• The development of appropriate policies and strategies within a changing environment to meet stakeholder interests.

Intellectual skills:
This module develops:

• The ability to analyse facts and circumstances to determine the cause of a problem and identifying and selecting appropriate solutions.
• The ability to analyse and evaluate a range of business data, sources of information and appropriate methodologies, which includes the need for strong digital literacy, and to use that research for evidence-based decision-making.

Professional practical skills:
This module develops:

• Qualitative skills including the ability to work with case studies.
• The ability to apply business models to business problems and phenomena.
• Self-analysis and awareness/sensitivity to diversity in terms of people and cultures. This includes a continuing appetite for development.

Transferable (key) skills:
This module develops:

• Communication and listening including the ability to produce clear, structured business communications in a variety of media.
• Self-management and a readiness to accept responsibility and flexibility, to be resilient, self-starting and appropriately assertive, to plan, organise and manage time.
• Learning to learn and developing an appetite for reflective, adaptive and collaborative learning.

Conveners

• Dr Jayalakshmy Ramachandran