Module Overview


This module is designed to introduce the learner to the nature of auditing and the work which the annual statutory audit entails.

Module Code

BSST H4027

ECTS Credits


*Curricular information is subject to change

Regulatory framework of auditing

Companies Acts, auditing standards, supervision and regulation of auditing.

Fundamental principles and concepts

Independence, due care, confidentiality, audit evidence.

Audit planning

Audit risk, audit planning, audit programmes, audit evidence, materiality and sampling.

Performance of the audit

Auditing internal control systems (compliance tests), substantive testing, comparing test results with objectives, risk evaluation and materiality.

Reporting framework

Evaluating the audit evidence, management representations, letters of weakness to management, audit opinion, audit reports.

Current issues in auditing

Audit expectation gap, legal liability of auditors, regulation of auditing.

Module Content & Assessment
Assessment Breakdown %
Other Assessment(s)20
Formal Examination80