ISTANBUL OKAN UNIVERSITY INFORMATION PACKAGE / COURSE CATALOGUE
| International Finance | |||||
| Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 | ||
General course introduction information
| Course Code: | ACCA311 | ||||||||
| Course Name: | Introduction To Auditing | ||||||||
| Course Semester: |
Spring |
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| Course Credits: |
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| Language of instruction: | TR | ||||||||
| Course Requisites: | |||||||||
| Does the Course Require Work Experience?: | No | ||||||||
| Type of course: | University Elective | ||||||||
| Course Level: |
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| Mode of Delivery: | Face to face | ||||||||
| Course Coordinator : | Dr.Öğr.Üyesi ALİNA TARAN | ||||||||
| Course Lecturer(s): |
GÖKTUĞ DUYAR Öğr.Gör. B.Öğretim Elemanı Dr.Öğr.Üyesi İREM BATIBAY TÜNAYDIN |
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| Course Assistants: |
Course Objective and Content
| Course Objectives: | • Describe the role of audits in society. • Explain fundamental concepts of auditing. • Describe the stages of audit. • Apply appropriate audit procedures following ISA. • Improve their critical thinking skills needed for audit related activities. • Explain the legal environment surrounding audit market. |
| Course Content: | Definition and types of auditing; international and generally accepted auditing standards; risk at auditing process; internal control and its importance; materiality at auditing process; audit planning; audit sampling; audit evidence and techniques; audit work papers; completion of audit and auditing reports; auditing and ethics. |
Learning Outcomes
The students who have succeeded in this course;
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Lesson Plan
| Week | Subject | Related Preparation |
| 1) | An Overview of International Auditing | - |
| 2) | The Audit Market and Ethics for Professional Accountants | - |
| 3) | • Client Acceptance | - |
| 4) | • Understanding the Entity, Risk Assessment and Materiality | - |
| 5) | • Internal Control and Control Risk | - |
| 6) | • Control Risk, Audit Planning and Test of Controls | - |
| 7) | Analytical Procedures | - |
| 8) | MIDTERM EXAM | - |
| 9) | • Substantive Testing and Evidence | - |
| 10) | • Substantive Testing and Evidence | - |
| 11) | • Completing the Audit | - |
| 12) | • Audit Reports and Communication | - |
| 13) | • Audit Reports and Communication | - |
| 14) | • Project Presentations • Review of the semester | - |
Sources
| Course Notes / Textbooks: | Timothy Louwers and Penelope Bagley and Allen Blay and Jerry Strawser and Jay Thibodeau (2021), Auditing & Assurance Services, 8th Edition, McGraw-Hill ISBN10: 126036920X, ISBN13: 9781260369205 |
| References: | Timothy Louwers and Penelope Bagley and Allen Blay and Jerry Strawser and Jay Thibodeau (2021), Auditing & Assurance Services, 8th Edition, McGraw-Hill ISBN10: 126036920X, ISBN13: 9781260369205 |
Course-Program Learning Outcome Relationship
| Learning Outcomes | 1 |
2 |
3 |
4 |
5 |
6 |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Program Outcomes | |||||||||||||||||
| 1) Explain the essential body of knowledge in the area of banking and insurance, including evolution of the discipline, the state-of-the-art concepts, scientific methodology, theories and models. | |||||||||||||||||
| 1) -explain the essential body of knowledge in the area of banking and insurance, including evolution of the discipline, the state-of-the-art concepts, scientific methodology, theories and models. | |||||||||||||||||
| 2) employ the appropriate tools and analytical techniques to collect and analyze quantitative and qualitative data in the related areas, interpret results and propose solutions. | |||||||||||||||||
| 2) Employ the appropriate tools and analytical techniques to collect and analyze quantitative and qualitative data in the related areas, interpret results and propose solutions. | |||||||||||||||||
| 3) recognize and assess legal environment in banking and insurance industries | |||||||||||||||||
| 3) Recognize and assess legal environment in banking and insurance industries. | |||||||||||||||||
| 4) Explain ongoing operational and managerial methods in banking and insurance industries. | |||||||||||||||||
| 4) explain ongoing operational and managerial methods in banking and insurance industries. | |||||||||||||||||
| 5) Discover and create entrepreneurial opportunities and expertise to successfully establish and develop their own ventures. | |||||||||||||||||
| 5) discover and create entrepreneurial opportunities and expertise to successfully establish and develop their own ventures. | |||||||||||||||||
| 6) develop the capacity to assess current global economic issues. | |||||||||||||||||
| 6) Develop the capacity to assess current global economic issues. | |||||||||||||||||
| 7) express he role of international capital markets in the global economy; accordingly define the concept of risk in terms of measurement and management. | |||||||||||||||||
| 7) Translate and explain the content of the documents written in English related to the field . | |||||||||||||||||
| 8) translate and explain the content of the documents written in English related to the field . | |||||||||||||||||
| 8) Express he role of international capital markets in the global economy; accordingly define the concept of risk in terms of measurement and management. | |||||||||||||||||
| 9) Identify standards of personal, professional, social and business ethics, evaluate the ethical implications of various practices in the related areas, and be aware the importance of ethical behavior in adding value to the society. | |||||||||||||||||
| 9) identify standards of personal, professional, social and business ethics, evaluate the ethical implications of various practices in the related areas, and be aware the importance of ethical behavior in adding value to the society. | |||||||||||||||||
Course - Learning Outcome Relationship
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution | |
| 1) | Explain the essential body of knowledge in the area of banking and insurance, including evolution of the discipline, the state-of-the-art concepts, scientific methodology, theories and models. | |
| 1) | -explain the essential body of knowledge in the area of banking and insurance, including evolution of the discipline, the state-of-the-art concepts, scientific methodology, theories and models. | |
| 2) | employ the appropriate tools and analytical techniques to collect and analyze quantitative and qualitative data in the related areas, interpret results and propose solutions. | |
| 2) | Employ the appropriate tools and analytical techniques to collect and analyze quantitative and qualitative data in the related areas, interpret results and propose solutions. | |
| 3) | recognize and assess legal environment in banking and insurance industries | |
| 3) | Recognize and assess legal environment in banking and insurance industries. | |
| 4) | Explain ongoing operational and managerial methods in banking and insurance industries. | |
| 4) | explain ongoing operational and managerial methods in banking and insurance industries. | |
| 5) | Discover and create entrepreneurial opportunities and expertise to successfully establish and develop their own ventures. | |
| 5) | discover and create entrepreneurial opportunities and expertise to successfully establish and develop their own ventures. | |
| 6) | develop the capacity to assess current global economic issues. | |
| 6) | Develop the capacity to assess current global economic issues. | |
| 7) | express he role of international capital markets in the global economy; accordingly define the concept of risk in terms of measurement and management. | |
| 7) | Translate and explain the content of the documents written in English related to the field . | |
| 8) | translate and explain the content of the documents written in English related to the field . | |
| 8) | Express he role of international capital markets in the global economy; accordingly define the concept of risk in terms of measurement and management. | |
| 9) | Identify standards of personal, professional, social and business ethics, evaluate the ethical implications of various practices in the related areas, and be aware the importance of ethical behavior in adding value to the society. | |
| 9) | identify standards of personal, professional, social and business ethics, evaluate the ethical implications of various practices in the related areas, and be aware the importance of ethical behavior in adding value to the society. |
Learning Activity and Teaching Methods
Assessment & Grading Methods and Criteria
| Written Exam (Open-ended questions, multiple choice, true-false, matching, fill in the blanks, sequencing) | |
| Individual Project | |
| Presentation |
Assessment & Grading
| Semester Requirements | Number of Activities | Level of Contribution |
| Presentation | 1 | % 15 |
| Project | 1 | % 35 |
| Midterms | 1 | % 25 |
| Final | 1 | % 25 |
| total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 75 | |
| PERCENTAGE OF FINAL WORK | % 25 | |
| total | % 100 | |
Workload and ECTS Credit Grading
| Activities | Number of Activities | Duration (Hours) | Workload |
| Course Hours | 14 | 3 | 42 |
| Study Hours Out of Class | 14 | 5 | 70 |
| Project | 1 | 30 | 30 |
| Midterms | 1 | 15 | 15 |
| Final | 1 | 15 | 15 |
| Total Workload | 172 | ||