Audit, Assurance and Professional Ethics module (BU51003)

By completing this auditing module you will meet the accreditation requirements of the Association of Chartered Certified Accountants Paper F8 ‘Audit and Assurance’ as part of your MSc in Professional Accountancy.

You will already have a good understanding of financial accounting principles and basic auditing concepts, this module allows you to expand upon them exploring auditing and assurance standards, ethical codes of practice, audits of interim financial information, and relevant research literature.

What you will learn

In this module, you will:

• critically evaluate a variety of information and evidence
• acquire effective digital literacy
• exploring auditing and assurance standards
• research ethical codes of practice
• follow the processes to audit interim financial information
• discuss relevant research literature

By the end of this module, you will be able to:

• be critically aware of the audit profession and its auditing standards
• understand legal responsibilities and ethical guidelines
• meet the accreditation requirements of the Association of Chartered Certified Accountants Paper F8 ‘Audit and Assurance’

Assignments / assessment

• individual essay (20%)
• class test (20%)
• final exam (60%)

Teaching methods / timetable

You should expect a 2 hour lecture, and a 2 hour tutorial each week, both in-person. You will be expected to have completed the reading and tasks beforehand so you can participate in class.

For this module, the exact dates of teaching and/or reading weeks are to be confirmed.