Audit Principles and Procedures
Dublin City University
Area of Study
Taught In English
Course Level Recommendations
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
Recommended U.S. Semester Credits2
Recommended U.S. Quarter Units3
Hours & Credits
The purpose of this module is to introduce the student to the underlying theories, principles and practices of modern auditing. In doing so it will examine the modern auditing process and identify contemporary issues in auditing practice. It will provide students with the ability to assess audit risk and its component parts and evaluate a company's internal control systems and environment.
1. Demonstrate comprehension of the role, responsibility and duty of the auditor as well as the purpose, benefits and limitations of auditing.
2. Identify relevant audit regulation and standards.
3. Assess the importance of ethics in auditing and the independence of the auditor.
4. Outline the main steps in the audit process.
5. Demonstrate the importance of audit planning and factors impacting on it.
6. Evaluate and assess audit risk and its constituent components.
7. Evaluate control procedures in an internal control system.
8. Critically assess current issues facing the auditing profession.