Brief Course Description
1. Course Title:
Advanced Auditing
2. Language of Instruction:
Tiếng Anh
3. Course Code:
ACC307
4. Credits:
4
5. Course Objectives:
This course builds on the knowledge base from Auditing, to provide students with an in-depth understanding of professional standards, the audit process, advanced auditing techniques, and the auditor’s role in ensuring that publicly issued financial statements are fairly presented. Students will apply auditing procedures to financial statement transaction cycles, and conduct audit sampling and testing techniques using specialized data analysis software and ERP system. The course will also cover advanced topics concerning complex auditing judgments, and the use of audit software tools.
6. Brief Description of Course Content:
This unit analyses companies from a fundamental perspective in order to derive an intrinsic value for securities. The focus is on the attempt by active investors to identify mispriced securities using publicly available information, company reports and financial market information. The analytical techniques of financial statement analysis (e.g. fundamental analysis, free cash flow analysis and pro-forma analysis) and the issue of the “reliability” and “quality” of publicly available information are discussed and explored. Those contemplating careers in investment banking, financial consulting, trust funds, superannuation funds, hedge funds, and brokerage firms will find this applied unit both useful and interesting.