Audit I

Recommended Prerequisites

Financial Accouting.

Teaching Methods

To achieve the proposed objectives and for the student to acquire the skills that are intended for this course, we use the following methodology:

1. Expository method, where the defined syllabus will be presented. For this purpose, we use different materials (frame, powers points, among others);

2. Interactive Method, where students will be asked, at the end of the class, about the main contents taught, as well as about the resolution of the practical cases presented in class;

3. In the discussion and presentation of practical cases, we used both methods.

Learning Outcomes

1. Equip students with global knowledge of the accounting and financial area of public and private entities.

2.Understand the audit function, in particular its types, rules, techniques and reports.

3. Acquire the necessary skills to exercise the profession of auditor, in particular of statutory auditor.

Work Placement(s)

No

Syllabus

1.Concept, objectives and types of auditing.

2. Legal review of accounts: framework in corporate law and in the legal regime of statutory auditors.

3. Legal certification of accounts.

3.1. Auditor's responsibility for the opinion issued.

3.2.Entities subject to audit (three sectors).

3.3.Types of legal certification of accounts.

4. Auditing Standards.

5. Audit Planning.

6. Evidence in audit

7. Audit sampling

8. Internal control system

9. Public audit – functions and types of audit of the Supreme Audit Instituions.

Head Lecturer(s)

Bruno José Machado de Almeida

Assessment Methods

Assessment
Frequency: 100.0%

Bibliography

Almeida, B., 2019, Manual de Auditoria Financeira – uma análise integrada baseada no risco, 3ª edição, Escolar Editora.

Arens, A., Beasley, M. et al., 2016, Auditing and assurance services: an integrated approach, 16th, Prentice Hall.

Johnstone, K. Gramling, A., et al., 2018, Auditing: A Business Risk Approach, 11th ed.    South-Western

Whittington, O., Pany, K., 2018, Principles of Auditing & Other Assurance Services, 21th, McGrawHill

Almeida, B., 2005, Auditoria e sociedade – Diferenças de expectativas, Publisher Team.

Valderrama, J., 2008, Teoria e prática de la auditoria I, Ediciones Pirâmide.

Valderrama, J., 2008, Teoria e prática de la auditoria II, Ediciones Pirâmide.