REV 3617 Auditing
REV 3617 Auditing
| REV 3618 høst | |
| REV 3619 vår |
This course is part of the statutory curriculum for approval as a Norwegian registered public accountant.
During the course, students will:
- Acquire in-depth knowledge of the formal framework for the audit profession. It includes laws , regulations and other authoritative legislation on auditing , auditor independence , impartiality , confidentiality and disclosure / right , liability , criminal liability , election and dismissal of auditors , etc. .
- Acquire in-depth knowledge of the theoretical foundation for auditing and convenient method for the audit of financial statements.
- Acquire basic knowledge of normative ethical theories and moral teachings and the ethical and moral issues related to professional practice .
- Students will also acquire basic knowledge of auditing in the public sector.
After completing the course , students will :
- Have the necessary theoretical and practical skills to participate as an auditor employees in the audit of the financial statements for the audited entity undertaking, in accordance with the requirements of laws , regulations and international auditing standards.
- Have basic knowledge of auditing and participate as employees of auditing in the public and private sectors.
Students will develop an awareness of the importance of the audit as a prerequisite for a well functioning financial market of the auditor's role as a trustful person for the general public and the requirements for integrity and objectivity of the auditor.
- The auditing profession and the regulatory framework for auditors
- Ethical issues
- Audit theory
- Planning and execution of audit an assignment
- Auditing and corporate governance
The course is taught in teaching sessions over two terms. The students are enrolled in each semester, the course in the autumn term is named REV 3618 and the course in the spring term REV 3619. Teaching is based on 120 lecturing hours, 60 hours each term.
A teaching plan for the term with reference to the curriculum is distributed at the beginning of each term. In the spring term, there is a voluntary trial exam, and the students' answers are evaluated, marked and commented upon.
The candidate must have grade C or better at the exam in this course in order to be approved as a registered auditor. (registrert revisor).
Re-sit examiniation
Re-sit examination is offered every semester for REV 36172 and 36173.
For the previous version of the course REV 36171 re-sit examination is offered autumn 2017, and last time spring 2018.
Higher Education Entrance Qualification
The first two years of the programme or equivalent.
| Assessments |
|---|
Exam category: Submission Form of assessment: Written submission Invigilation Grouping: Individual Support materials:
Duration: 3 Hour(s) Exam code: REV36172 Grading scale: Pass/fail Resit: Examination every semester |
Exam category: Submission Form of assessment: Written submission Invigilation Weight: 100 Grouping: Individual Support materials:
Duration: 6 Hour(s) Exam code: REV36173 Grading scale: ECTS Resit: Examination every semester |
All exams must be passed to get a grade in this course.
| Activity | Duration | Comment |
|---|---|---|
Teaching | 90 Hour(s) | |
Prepare for teaching | 64 Hour(s) | |
Student's own work with learning resources | 120 Hour(s) | |
Group work / Assignments | 120 Hour(s) | |
Examination | 6 Hour(s) |
A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 15 ECTS credit corresponds to a workload of at least 400 hours.