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Auditing ACW 250


DEAR STUDENTS. I WON'T BE TEACHING YOU THIS SEMESTER.

MY APOLOGIES OF NOT INFORMING YOU EARLIER.

WE WILL MEET NEXT SEMESTER, GOD WILLING.

I WISH YOU ALL THE VERY BEST!

DO NOT MESSAGE ME LATE AT NIGHT!!!!

Lecture Notes

Tutorial Practices

Assignments
Tests/quizzes



Please provide me (via email or during class) of your group members!

Course Outline = download here!


International Standards on Auditing(ISAs)

Lecture slots = 

Tutorial slots = 

**Consultation hours:

Week 2,4,6,8,10,12 and 14 = Thursdays 2-4pm

Week 3,5,7,9,11 and 13 = Tuesdays 2-4pm

(Dear students, if you have some difficulties with the lectures slots, please come and see me)

** Please have a 'reliable' reason for you to change your lecture slots. I will ONLY ACCEPT request if your ACW 250 lecture  is at the same time with another lecture.**

Lecture Notes

Week 1 : An Introduction to Auditing (note 1)

Week 2 : Statutory and Regulatory Requirement (Oilcorp 1) (Oilcorp 2)

Week 3 : Objectives and Scope of Financial Statement Audit(Article 1) (My notes)

Week 4 : Internal Control System (optional but highly recommended: Haron, H., Chambers, A., Ramsi, R., & Ismail, I. (2004). The reliance of external auditors on internal auditors. Managerial Auditing Journal, 19(8/9), 1148-1159)

Week 5 : Audit Evidence and Auditing Procedure

Week 6 : Audit Documentation

Week 7 : Audit Planning(new slides)

Week 8 : -

Week 9 : Audit of Revenue Cycle

Week 10 : Audit of Purchase Cycle

Week 11 : Audit of Cash/Audit of Inventory Cycle (Slides No 2)

Week 12 : Audit of Property, Plant and Equipment

Week 13 :Audit of Long Term Liabilities, Shareholder’s Equity and Income Statement

Week 14 :Auditor’s Report


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Tutorial Practices

Week 1 : An Introduction to Auditing(Solutions)

Week 2 : Statutory and Regulatory Requirement (no tutorial QUESTIONS for this topic)

Week 3 : Objectives and Scope of Financial Statement Audit ==> no tutorial this week

Week 4 : Internal Control System (Solution 1) (Solution 2)

Week 5 : Audit Evidence and Procedures(Solution)

Week 6 : Audit Documentation

Week 7 : Audit Planning

Week 8 : -                                                                                                                            

 Week 9 : Audit of Revenue Cycle     (Solution)

Week 10 : Audit of Purchase Cycle ==>

Week 11 : Audit of Cash/Audit of Inventory Cycle ==> Q 21-27 pg 654 (solution)

Week 12 : Audit of Property, Plant and Equipment

Week 13 :Audit of Long Term Liabilities, Shareholder’s Equity and Income Statement

Week 14 :Auditor’s Report ==> Q 3-28, pg 74 (Solution)


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Assignments

Assignment 1(Due: 1st August 2008, 12pm)

*All assignments must include references* ==> This is exclusive of the 5 pages.

Test and Quizzes