Auditing

Recommended Prerequisites

Not applicable.

Teaching Methods

Discussion of real practical cases of the auditor profession.

 

Learning Outcomes

The learning goal is to understand, in a practical way, for each functional area of the firm, the following:

- To review the actual accounting system and confirm its application;

- To teach the different technics related with the internal control system;

- To develop the control procedures and the substantive tests;

- To conclude whether or not, the financial statements represent the appropriate financial position and the operations results.

Work Placement(s)

No

Syllabus

i. The auditing environment: professional ethics, quality control and regulation

ii. Detection risk and the design of substantive tests

iii. Reporting and audited financial statements. other services and reports

iv. Audit planning: audit objectives, evidence and working papers. materiality, risk and

preliminary audit strategies,

v. Accepting the engagement and planning the audit

vi. Understanding the internal control structure. tests of controls/assessing control risk

vii. Auditing the transaction cycles

 

Head Lecturer(s)

José Manuel Bernardo Vaz Ferreira

Assessment Methods

Continuous
Research work: 35.0%
Exam: 65.0%

Final
Exam: 100.0%

Bibliography

ALMEIDA, Rui M. P., SNC Explicado, ATF – Edições Técnicas, 2009;

BOYNTON, William C., Raymond N. Johnson, Walter G. Kell, Modern Auditing, 7th ed., New York, John Wiley & Sons, 2001.

COSTA, Carlos Batista da, Auditoria Financeira, Teoria e Prática, Editora Rei dos Livros, 2008;

FERREIRA, José Vaz, Auditoria e Revisão de Contas, 2 vols., Coimbra, FEUC, 2008.

RODRIGUES, João, Sistema de Normalização Contabilística Explicado, Porto Editora, 2009;

WHITTINGTON, O. Ray; Kurt Pany, Principles of Auditing, 11th ed., Chicago, Irwin, 1995.