COURSE INFORMATION Course Title: AUDITING

Code	Course Type	Regular Semester	Theory	Practice	Lab	Credits	ECTS
BUS 434	B	2	3	0	0	3	6

Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature)	NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	Mustafa Üç , Monday 9:00-12:00, Tuesday 9:00-12:00
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	NA
Teaching Assistant(s) and Office Hours:	NA
Language:	English
Compulsory/Elective:	Compulsory
Classroom and Meeting Time:	Wednesday
Course Description:	Auditing: This course concentrates mainly on external auditing and includes topics as: Definition of auditing, auditing standards, ethics in auditing, independence issues, types of audit reports, the study and evaluation of internal controls including the EDP environment, audit risks, no statistical and statistical sampling in audit, audit of balance sheet and income statement items.
Course Objectives:	This course concentrates mainly on external auditing and includes topics as: Definition of Auditing, auditing standards, ethics in auditing, independence issues, types of audit reports, the study of evaluation and internal controls, including the audit risks, no statistical and statistical sampling in audit, audit of balance sheet and income statement items.

COURSE OUTLINE

Week	Topics
1	Needs for independent audit of financial statements and Syllabus Review
2	International Auditing Overview Chapter 1
3	Audit Market and Ethics for Professional Accountants Chapter2-3
4	An Auditor’s Services and Client Acceptance Chapter 4-5
5	Risk Assessment and Materiality Chapter 6
6	Internal Control and Control Risk Chapter 7
7	Control Risk, Audit Planning and Test of Controls Chapter 8
8	General Review
9	Analytical Procedures Chapter 9
10	Substantive Testing and Evidence Chapter 10
11	Completing the Auditing Chapter 11
12	Audit Reports and Communication Chapter 12 (Visitor from practice)
13	Case Analysis: Enron
14	Review

Prerequisite(s):	-
Textbook:	-
Other References:	Principles of Auditing, Hayes,R. etc. Modern Auditing, William C. Boynton, Raymond N. Johnson, Walter G. Kell 2001
Laboratory Work:	-
Computer Usage:	-
Others:	No

COURSE LEARNING OUTCOMES

1	The aim of this course is to help students to learn the basic concepts of auditing and understand the auditing applications.
2	Understanding of basic concepts of auditing, understanding auditing standards, understanding of asset, equity and result accounts auditing.

COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES (Blank : no contribution, 1: least contribution ... 5: highest contribution)

No	Program Competencies	Cont.
Master of Science in Economics Program

COURSE EVALUATION METHOD

Method	Quantity	Percentage
Midterm Exam(s)	1	35
Project	1	25
Final Exam	1	40
	Total Percent:	100%

ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)

Activities	Quantity	Duration(Hours)	Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours)	1	64	64
Hours for off-the-classroom study (Pre-study, practice)	2	16	32
Mid-terms	1	20	20
Assignments	1	10	10
Final examination	1	15	15
Other	1	9	9
Total Work Load:			150
Total Work Load/25(h):			6
ECTS Credit of the Course:			6