Management and Methodology of Audit

Major: Accounting and Taxation
Code of subject: 7.071.01.O.004
Credits: 6.00
Department: Accounting and Analysis
Lecturer: Ph.D. in Economics, associate professor Chubay Volodymyr
Semester: 1 семестр
Mode of study: денна
Learning outcomes: • knowledge of theoretical, methodological and practical principles of organization and audit of objects reflected in the financial statements; • knowledge of international and national legal and regulatory requirements for the organization and conduct of audits, quality control; • knowledge of the procedure and features of the organization and conduct of audits in a computer environment; • understanding the nature of professional judgment and audit procedures, as well as the procedure for their application in the process of organizing and conducting an audit; • the ability to organize an audit of the enterprise, to determine the necessary set of audit procedures; • ability to audit assets, equity, liabilities, expenses and income, etc .; • ability to analyze the information obtained during the audit and formulate reliable conclusions (reports) based on it; • ability to organize the system of internal audit at the enterprise to increase the effectiveness of control over its activities.
Required prior and related subjects: - prerequisites: - corequisites: СP «Organization and methods of audit», «Accounting and financial reporting according to international standards».
Summary of the subject: Organization of the audit firm and the audit process. Quality control of audit services. Organization of audit of financial statements. Methods of audit of constituent documents, accounting policies and equity of the enterprise. Audit of non-current assets. Methods of auditing cash and receivables. Inventory audit methodology. Methods of auditing long-term liabilities of the enterprise. Methods of auditing short-term liabilities of the enterprise. Methods of auditing costs, revenues and financial results. Features of tasks in terms of financial statements, special types of audits and other audit services. Formation and functioning of the internal audit system of the enterprise.
Assessment methods and criteria: - Current control (30%): oral answers, problem solving, individual homework assignments. - Final tests (70%): examination.
Recommended books: 1. Бурлан С. А. Організація і методика аудиту : навч. посіб. / С. А. Бурлан, Н. О. Руденко. – Миколаїв : Вид-во ЧНУ ім. П. Могили, 2017. – 184 с. 2. Міжнародні стандарти контролю якості, аудиту, огляду, іншого надання впевненості та супутніх послуг (видання 2016-2017 року). Частина 1. [Електронний ресурс]. – Режим доступу: http://www.apu.com.ua/ 3. Аудит: методика і організація : навч. посібник / Н. І. Гордієнко, О. В. Харламова, Ю. І. Мізік, О. О. Конопліна. – 2-ге вид., перероб. і доп. – Xарків : ХНУМГ ім. О. М. Бекетова, 2017. – 319 с. 4. Огійчук М.Ф. Організація і методика аудиту: навч. посібн. / М.Ф. Огійчук, К.О. Утенкова. – К. : Алерта, 2016. – 304 с. 5. Антонюк О.Р. Методологія та організація процесу виконання аудиторських послуг: монографія. – Рівне: Вид-ць Зень О., 2018. – 440 с.