The module is assessed by two examinations:
1. An examination of 2 hours weighted at 50% (Auditing)
2. An examination of 2 hours weighted at 50% (Auditing and Corporate Governance
(Three hours is required to meet Professional Body accreditation requirements).

The module content is split into approximately 75% Auditing and 25% Corporate Governance in line with the relevant ACCA Auditing and Corporate Governance syllabus.
Auditing:
This part of the module introduces students to the Legal and Regulatory Framework within which the audit is conducted. Concentrating on Ethical and Quality Control Standards, Auditing Standards, Independence, Fraud, Internal Auditing, Audit Evidence and Environmental Auditing.

The concepts, principles and techniques of auditing will be explored. This will include the stages in the audit processes, Audit Planning and Risk Assessment, Internal Controls, Compliance Testing, Substantive Testing, Computer Controls, Audit Opinion and Audit Reporting.

Corporate Governance:
This part of the module aims to cover a range of corporate governance topics. The focus will be on the relevance and importance of Corporate Governance, Board of Directors and Committee structure and responsibilities, regulations relevant to company directors and officers, and corporate governance reporting.

1. DEMONSTRATE A SYSTEMATIC UNDERSTANDING OF AUDIT REQUIREMENTS AND TECHNIQUES
Application
Communication
Learning

2. CRITICAL UNDERSTANDING OF KEY AUDIT PRINCIPLES AND REGULATIONS
Communication
Reflection

3. DEMONSTRATE KNOWLEDGE AND CRITICAL UNDERSTANDING OF THE ENVIRONMENT OF CORPORATE GOVERNANCE
Analysis
Knowledge & Understanding
Problem Solving

4. CRITICAL UNDERSTANDING OF KEY PRINCIPLES AND REGULATIONS RELEVANT TO CORPORATE GOVERNANCE
Analysis
Knowledge & Understanding
Learning

The learning strategy for the module requires students to commit 350 learning hours (including assessment) of which there will be 72 hours of tutor led learning and 240 hours of independent and self directed study.

The number of study hours for this module is 350 hours in order to meet the Professional Body accreditation requirements.
Students will engage with:
- A mix of lectures/tutorials/large and small group activities, plus self-directed learning. Learning support material will be provided for independent/self-directed learning
- Participation in group activities, including presentations
- Directed reading
- Their own (contemporary) research
- Formative assessment e.g. online tests

Module study guide
The University Library and Learning Resources - books and academic journals
The module VLE
Electronic data bases
Learning support materials
Internet
Plus:
Websites of UK CCAB Accounting Bodies
Websites of International Accounting Bodies

FOR INTERNATIONAL COLLABORATIVE PARTNERS ONLY

Gray, I. and Manson, S. (2011) The Audit Process: Principles, Practice and Cases, 5th Edition. Cengage Learning.
Millichamp, A. & Taylor, J. (2012) Auditing, 10th Edition. Cengage Learning EMEA.
Mallin, Christine A. (2012) Corporate Governance, 4th Edition. Oxford: Oxford University Press
Goergen, Marc (2012) International Corporate Governance, Pearson.