Auditing and Accountability

Not applicable.

Expository classes, using technological means;

Group discussions;

Case studies – research, presentation and discussion.

Objectives to be developed:

• Understand the critical role of auditing in guaranteeing the integrity, reliability and transparency of organizational operations;
• Find out how auditing contributes to the efficiency and effectiveness of internal processes.
• Analyse the integration of auditing into Corporate Governance processes;
• Identify how auditing contributes to the creation of solid and responsible Corporate Governance structures;
• Explore the role of auditing in complying with standards, laws and regulations;
• Understand how auditing contributes to minimizing compliance risks.
• Analyse public responsibility and its relationship with organizational management;
• Explore how auditing responds to society’s diverse expectations regarding accountability;
• Examine accountability in internal and external audit;
• Assess the role of supervisory entities in audit accountability;
• Identify the profile, skills and characteristics of auditors in an accountability context;
• Analyse how the auditor’s profile can influence confidence in audits.
• Understand how internal auditing can help Corporate Governance in managing organizational risks;
• Integrate principles of corporate social responsibility into auditing and accountability practices;
• Examine the role of reporting, financial and non-financial, in accountability and transparency;
• Understand the auditor’s responsibility in communicating results and recommendations;
• Explore how auditing contributes to the prevention, detection and response to activities considered fraudulent;
• Examine the auditor’s responsibility in identifying signs of fraud.

Skills to acquire:

• Demonstration of a solid understanding of the concepts of audit, accountability and risk management;
• Knowledge and application of standards, laws and regulations relevant to internal and external auditing;
• Capacity to question and critically evaluate organizational practices and audit processes;
• Competence to understand the audit in the context of risk management, proposing appropriate recommendations;
• Skill to carry out critical analyses related to accountability, risk and fraud management;
• Ability to make informed and assertive decisions based on audit conclusions;
• Competence to communicate audit results in a clear, concise and precise manner;
• Effective collaboration with other functions, inside and outside the organization, to promote a culture of environmental, social and Governance responsibility.

I. The importance of auditing in organizations.
II. The auditing in corporate governance.
III. The auditing and compliance.
IV. Auditing and accountability.
4.1. – Public accountability and management.
4.2 – Accountability in society and differences in expectations.
4.3 – Accountability in internal and external auditing.
4.4 – Accountability and audit supervisors.
V. The profile of the auditor faces to the challenges of accountability.
VI. The auditing based on risk management.
VII. The reporting and audit responsibility.
VIII. Accountability and fraud.

NAO

Fundamental Bibliography

Almeida, B. J. (2022). Manual de Auditoria Financeira – Uma Análise Integrada Baseada no Risco (4.ª ed.). Lisboa: Escolar Editora.

Burns, J., & Steele, A. (2020). Blockchain and Internal Control: The COSO Perspective. Obtido de www.COSO.org: https://www.coso.org/_files/ugd/3059fc_20098cf01dfe4bacb2cc2d289b15ebfb.pdf

Calagna, K., Cassidy, B., & Park, A. (2021). APLICANDO O FRAMEWORK E OS PRINCÍPIOS DO COSO PARA AJUDAR A IMPLANTAR E DIMENSIONAR A INTELEGÊNCIA ARTIFICIAL. Obtido de www.COSO.org: https://www.coso.org/_files/ugd/3059fc_a0354c58f2944b0fafba1e8a60170975.pdf

Código de Governo das Sociedades Comerciais (2023). Lisboa: IPCG.

COSO. (2013). Internal Control – Integrated Framework: Executive Summary. Obtido de www.coso.org: https://www.coso.org/_files/ugd/3059fc_1df7d5dd38074006bce8fdf621a942cf.pdf.

COSO. (2017). Enterprise Risk Management – Integrating with Strategy and Performance. Committee of Sponsoring Organizations of the Treadway Commission.

COSO & WBCSD. (2018). Gerenciamento de Riscos Corporativos – Aplicando o gerenciamento de riscos corporativos aos riscos relacionados ao ambiental, social e governança. Obtido de www.coso.org: https://www.coso.org/_files/ugd/3059fc_d6bfbced1e82474b87581ecf89a94246.pdf

DIRETIVA (UE) 2022/2464 DO PARLAMENTO EUROPEU E DO CONSELHO. relato de sustentabilidade das empresas. (2023). Obtido de Jornal Oficial da União Europeia: https://eur-lex.europa.eu/legal-content/PT/TXT/PDF/?uri=CELEX:32022L2464

IFAC (2018). MANUAL DAS NORMAS INTERNACIONAIS DE CONTROLO DE QUALIDADE, AUDITORIA, REVISÃO, OUTROS TRABALHOS DE GARANTIA DE FIABILIDADE E SERVIÇOS RELACIONADOS. Ordem dos Revisores Oficiais de Contas.

Relatório anual de monitorização (2022). Comissão Executiva de Acompanhamento e Monitorização Código de Governo das Sociedades do IPCG. Lisboa: IPCG

Oliveira, A. P. (2023). Manual de Governo das Sociedades. Coimbra: Edições Almedina, SA.

Society of Corporate Compliance and Ethics, & Health Care Compliance Association. (2020). Compliance Risk Management: Applying the COSO ERM Framework. Obtido de www.COSO.org: https://www.coso.org/_files/ugd/3059fc_5f9c50e005034badb07f94e9712d9a56.pdf

World Economic Forum. (2023). The Global Risks, Report 2023, 18th Edition, INSIGHT REPORT. Obtido de CGOV: https://www.cgov.pt/codigo-de-governo-das-sociedades/artigos-e-estudos-sobre-corporate-governance/1628-global-risks-report-2023-world-economic-forum

Complementary Bibliography

Bibliografia Complementar

Alves, J. J. (2015). Princípios e prática de auditoria e revisão de contas. Lisboa: Edições Sílabo, Lda.

Azevedo, C. (2013). Manual de Governo – O desafio da liderança nas organizações do Terceiro Setor em Portugal . Lisboa: Positivagenda – Edições Periódicas e Multimédia, Lda.

Câmara, P. (2011). O Governo das Organizações – A vocação universal do corporate governance. Coimbra: Edições Almedina, SA.

COSO. (2004), Gestión de Riesgos Corporativos – Marco Integrado. Instituto de Auditores Internos de Espana.

Coopers & Lybrand (1997), Los Nuevos Conceptos del Control Interno (Informe COSO), Díaz de Santos, Madrid.

Costa, C. B. (2023). Auditoria Financeira. Teoria e Prática (13.ª ed.). Lisboa: Rei dos Livros.

Gonçalves, C., & Carreira, F. (2012). O Comportamento Ético e o Profissional de Contabilidade. Lisboa: Áreas Editora

International Federation of Accountants (IFAC) (2010), Guide to using International Standards on Auditing in the audits of Small- and medium- sized entities, Implementation Guide.

International Federation of Accountants (IFAC) (2010) IFAC Handbook, Technical Pronouncements, International Federation of Accountants, New York.

Martins, I. (2014). O Contributo da Auditoria Interna para o Governo das Sociedades. Tese de Doutoramento em Gestão de Empresas, Especialização em Contabilidade, Universidade de Coimbra, Faculdade de Economia, Coimbra.

McNally, J. S. (2013). The 2013 COSO Framework & SOX Compliance. Obtido de www.coso.org: https://www.coso.org/_files/ugd/3059fc_c98a93b420a34d28a4c79f57db0d2c93.pdf

Morais, G., & Martins, I. (2013). Auditoria Interna, função e processo (4.ª ed.). Lisboa: Áreas Editora.

Neves, J. (2014). Introdução à Ética Empresarial. Principia Editora.

Pinto, J. C. (2014). A Emergência e o Futuro do Corporate Governance em Portugal. Coimbra: Almedina.

Pinto, J. C. (2018). A Emergência e o Futuro do Corporate Governance em Portugal (Vol. II). LIsboa: CGOV.

Rodrigues, R. A., & Soares, J. L. (2017). Insider Trading – do crime de abuso de informação privilegiada. Porto: Vida Económica – Editorial, SA.

Shiller, R. J. (2015). A ÉTICA DAS FINANÇAS. Lisboa: Bertrand Editora.

Valderrama, J. L., & Riquelme, M. A. (2017). Teoría y práctica de la auditoría I – Concepto y metodología (7.ª ed.). Madrid: Ediciones Pirámide.

Valderrama, J. L., & Riquelme, M. A. (2017). Teoría y práctica de la auditoría II – Análisis de áreas y casos prácticos (7.ª ed.). Madrid: Pirámide.