International Auditing Standards

Basic knowledge of financial auditing

Classes are theoretical and practical, using an expository methodology for the presentation of the matter, supported by the resolution of cases and practical exercises.

Developed summaries and workbooks are available.

1. Acquire knowledge to the understanding and application of International Auditing Standards.
2. Get the capacity to develop professional judgment in the application of International Auditing Standards, depending on the type of audit, or when deemed necessary to justify the removal of a basic principle or procedure of Standards

I – The auditing profession

1. Nature of audit

2. Agencies and internacional standards

3. Professional Ethics

II – The audit process

4. Objectives and general principles of audit

5. Customer acceptance and continuity

6. Audit evidence

7. Planning the audit

8. Materiality

9. Analytical Procedures

10. Audit risk

11. Risk of fraud

12. Overview of the plan and audit program

III – Conclusion of the audit process

13. Conclusion of the audit process

14. Audit reports

The evaluation in the subject can take place in one of two ways 1) periodic assessment or 2) examination assessment.

1) Periodic assessment - takes place throughout the school quarter and consists of the following assessment instruments:

- Completion of a written work and respective presentation and discussion on a point of the course program (PP) indicated by the teacher, in class; the presentation will have an average duration of 20 minutes; the way to distinguish the individual grade of the group members will be through the presentation and discussion made in class; groups of two students (exceptionally, the number of students may change with the teacher's consent); the work has to be handed in by the last class;
- Regular exam (EN), written.

Final classification calculation formula = 30%*PP + 70%*EN
Dates: presentations will take place during classes on dates to be announced by the subject's teacher.

The grade for the written work (PP) is only valid for the normal term.
Quotation: 20 values.

Grades above 16 may have to be defended by the student in an oral test, with a maximum duration of 20 minutes, to prove knowledge compatible with the grade obtained.

2) Assessment by exam: final written exam to be carried out in the normal and appeal periods.

Quotation 20 values.

Grades above 16 may have to be defended by the student in an oral test, with a maximum duration of 20 minutes, to prove knowledge compatible with the grade obtained.

Students with any special status must inform the teacher within the first 2 weeks of the term.

NAO