ECTS - Auditing
Auditing (ISL618) Course Detail
| Course Name | Course Code | Season | Lecture Hours | Application Hours | Lab Hours | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| Auditing | ISL618 | Area Elective | 3 | 0 | 0 | 3 | 5 |
| Pre-requisite Course(s) |
|---|
| N/A |
| Course Language | Turkish |
|---|---|
| Course Type | Technical Elective Courses |
| Course Level | Ph.D. |
| Mode of Delivery | Face To Face |
| Learning and Teaching Strategies | Lecture, Discussion, Question and Answer. |
| Course Lecturer(s) |
|
| Course Objectives | Course, students are commercial enterprises accounting controls to become moments of legislation between the obligations in Turkey, this legislation are in the capital market institutions and interests companies in the public interest accounting and auditing obligations are in learning basic purposes. Again, it is aimed that the students will be able to find accounting errors and tricks by consolidating the accounting information they have learned before. When reading the Financial Statements, they begin to understand the extent to which the information given in these tables is bound to their limits. |
| Course Learning Outcomes |
The students who succeeded in this course;
|
| Course Content | The verification of correct and reliable data in financial statements of businesses, audition of the correctness of period entries, audition types, standards and legal regulations on auditing, interior control systems, reporting. |
Weekly Subjects and Releated Preparation Studies
| Week | Subjects | Preparation |
|---|---|---|
| 1 | What is an audit? What is the difference between control and revision? What are the types of audits and types of accounting audits? What are the financial audit individuals and organizations in Turkey? Why is Independent Auditor and YMM regulated separately? What are their ultimate tasks? | Book 3- 23 pages |
| 2 | control legislation in Turkey. Non-audited and non-audited companies (PIEs and Capital Markets Institutions) General review of Accounting Standards and Auditing Standards | Review of Public Oversight Authority Web pages, Navigation on pages related to Auditing and Accounting Standards. Read the decision of the Council of Ministers numbered 660 |
| 3 | Stages of Audit, Pre-audit studies, audit contract, Matters that must be known in order to determine the risk of material misstatement in the audit, Error / Trick Triangle, Conflict of Truth | Working between pages 65-97. |
| 4 | Special auditing techniques that must be performed by the auditor in order to meet the business, the external environment, activities, financial status, ownership structure, organizational structure of the company and the risks it creates in order to reveal the risks of significant errors. | Independent Auditing Standards (BDS 315 Determination and Evaluation of Significant Mistake Risks by Recognizing the Business and its Environment) |
| 5 | The nature of the internal control system, the importance of the company and the auditor, the elements of internal control, the examination of the internal control structure in a business | The 125-140 pages of the book should be studied BDS 315 Identifying and Evaluating the Risks of Mistake BDS 260 Standard for Notifying Senior Management of Internal Control Deficits |
| 6 | Written audit of the audit plan, approval of the auditor with the audit team, transaction tests within the scope of the in-year work, tests of material verification at the end of the year Selection of appropriate audit techniques for each audit area | Pages 142-157 of the book |
| 7 | Pre-Reporting Studies and Establishing Audit Opinion End-of-period analytical studies, events that occurred after the balance sheet date, the continuity of the enterprise, the receipt of a letter of confirmation from the management | Between 159-170 of the book, the book's 553-558 pages have been read |
| 8 | Pre-Reporting Studies and creating audit opinions. Related party transactions, segment reporting, quality control work, Types of Audit Opinion and Reporting, Disclosure of Key Audit Issues, Other explanations in terms of compliance | The study of the book between 171-184, an audit report by downloading the report |
| 9 | Exam Week and discussions about how to do homework | |
| 10 | Control of cash, received and issued accounts and POS accounts | 187 to 203 pages of the book to be studied |
| 11 | Audit of Receivables (Commercial / Non-Commercial, Non-Priced, Long / Short Term), Types of Confirmation Letter, calculation of sampling diameter Aging of receivables and determination and reporting of doubtful receivables and uncollectible receivables, Rediscount on receivables | Book 234-239 |
| 12 | Current period separator accounts (Future Months / Year Expenses, Income for the coming months / Years, Income Accruals, Expense Accruals | Review of the sections on the application of the principle of periodicity from General Accounting Accounts |
| 13 | tangible / intangible assets, investment properties, impairment test of assets Appropriate audit techniques, Revaluation Model, Impairment Test | Pages 337-386 of the book |
| 14 | Control of sales and inventory accounts Control of sales, Control of costs of Production Cost Accounts and end of period stocks Cost of Goods Sold Appropriate material verification tests for advances and inventories | 532 to 562 pages between 248-277 |
| 15 | Audit of contingent liabilities, contingent liabilities and contingent assets account groups Debt / Provision / Expense Accrual / Funding principles of equity accounts Review of situations requiring provisioning Accounting of account of accounts Contingent Liabilities and Assets | Worked on 480-512 pages of the book |
| 16 | Interim Financial Statements and the principles of their supervision Companies that have responsibility for editing and publishing Interim Financial Statements Implementation of mandatory / non-audit techniques in interim financial statement audit | The book will work between 592-597 pages. |
Sources
| Course Book | 1. Hasan Kaval, Muhasebe Denetimi, Gazi Kitabevi, 2013 |
|---|
Evaluation System
| Requirements | Number | Percentage of Grade |
|---|---|---|
| Attendance/Participation | 1 | 5 |
| Laboratory | - | - |
| Application | - | - |
| Field Work | - | - |
| Special Course Internship | - | - |
| Quizzes/Studio Critics | - | - |
| Homework Assignments | 1 | 20 |
| Presentation | - | - |
| Project | - | - |
| Report | - | - |
| Seminar | - | - |
| Midterms Exams/Midterms Jury | 1 | 30 |
| Final Exam/Final Jury | 1 | 45 |
| Toplam | 4 | 100 |
| Percentage of Semester Work | |
|---|---|
| Percentage of Final Work | 100 |
| Total | 100 |
Course Category
| Core Courses | |
|---|---|
| Major Area Courses | X |
| Supportive Courses | |
| Media and Managment Skills Courses | |
| Transferable Skill Courses |
The Relation Between Course Learning Competencies and Program Qualifications
| # | Program Qualifications / Competencies | Level of Contribution | ||||
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | ||
| 1 | 1. To have the ability to present a research problem, develop hypotheses, make research designs, reach conclusions by using qualitative/quantitative methods, and make academic publications by making the necessary literature review. | X | ||||
| 2 | 2. To be aware of research ethics. | X | ||||
| 3 | 3. To contribute to the process of becoming an information society by constantly following technological, social or cultural developments in the academic and professional context. | X | ||||
| 4 | 4. To be able to look at the problems that arise in businesses both theoretically, conceptually and from the perspective of a researcher. | X | ||||
| 5 | 5. To be able to use knowledge that requires expertise in analyzing, synthesizing and evaluating new and complex ideas by comprehending the interaction between various disciplines related to the field of business. | X | ||||
| 6 | 6. To be able to produce solutions by developing new strategic approaches by thinking holistically and creatively in complex situations that are not foreseen to be encountered in applications in the field of business. | X | ||||
| 7 | 7. To be able to master the basic concepts and methods in the field of general business administration. | X | ||||
| 8 | 8. To be able to dominate the academic literature and international developments in the field of general business administration. | X | ||||
| 9 | 9. To be able to transfer information about the business area by using effective verbal, written and visual communication methods. | X | ||||
| 10 | 10. To be aware of professional ethics, environmental awareness, sustainability, social responsibility, cultural, social and universal values | X | ||||
| 11 | 11. To be able to work effectively with different disciplines or multicultural teams, to take responsibility, to make risk analysis, to keep up with change, to think critically and to use initiative in problem solving | |||||
ECTS/Workload Table
| Activities | Number | Duration (Hours) | Total Workload |
|---|---|---|---|
| Course Hours (Including Exam Week: 16 x Total Hours) | 16 | 3 | 48 |
| Laboratory | |||
| Application | |||
| Special Course Internship | |||
| Field Work | |||
| Study Hours Out of Class | 14 | 2 | 28 |
| Presentation/Seminar Prepration | |||
| Project | |||
| Report | |||
| Homework Assignments | 1 | 10 | 10 |
| Quizzes/Studio Critics | |||
| Prepration of Midterm Exams/Midterm Jury | 1 | 25 | 25 |
| Prepration of Final Exams/Final Jury | 1 | 25 | 25 |
| Total Workload | 136 | ||