University of Glasgow

Course Description

  • Course Name


  • Host University

    University of Glasgow

  • Location

    Glasgow, Scotland

  • Area of Study


  • Language Level

    Taught In English

  • Prerequisites

    Financial Accounting 2 or equivalent.

  • 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.

    Hours & Credits

  • SCQF Credits

  • Recommended U.S. Semester Credits
  • Recommended U.S. Quarter Units
  • Overview

    The course provides students with a critical introduction to the understanding of modern auditing theory and practice. It also provides them with the technical and intellectual skills on how to plan and carry out the financial statements audit engagement.

    The aim of this course is provide students with a critical introduction to the theory and practice of auditing. The course will specifically review: 1) the theory of auditing; 2) the practical application of that theory; 3) the regulatory framework for audit; 4) the pressures and problems facing the audit profession. Students will also be introduced to the assurance cycle for statutory audits under the Companies Act, from planning and evidence gathering to completion and reporting. Students will have studied the key concepts and techniques relating to the provision of statutory assurance (auditing) under the Companies Act, public interest entities audit, and the impact of risk on auditing, and the internal control systems and their limitations.
    On completion of this course students should be able to:
    1. Evaluate the role and responsibilities of the external auditor, the audit process and the evidential base for making audit judgments.
    2. Explain the legislative, professional provisions (including the international auditing standards and ethical guidelines) that constitute the regulatory framework for the conduct of external auditing.
    3. Explain how the auditor obtains an understanding of the entity and its environment, when planning and assessing the risk of the audit and how auditors collect relevant, reliable and sufficient audit evidence.
    4. Assess the specific substantive audit testing related to fixed assets and payroll, and for revenue expenditure, financing & investing cycles.
    5. Describe what are meant by public entities and environmental audits in relation to financial reporting and the external audit.

Course Disclaimer

Courses and course hours of instruction are subject to change.

Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.

ECTS (European Credit Transfer and Accumulation System) credits are converted to semester credits/quarter units differently among U.S. universities. Students should confirm the conversion scale used at their home university when determining credit transfer.

Please note that some courses with locals have recommended prerequisite courses. It is the student's responsibility to consult any recommended prerequisites prior to enrolling in their course.


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