6 ECTS credits
179 h study time

Offer 2 with catalog number 4006443FNR for all students in the 2nd semester at a (F) Master - specialised level.

Semester
2nd semester
Enrollment based on exam contract
Impossible
Grading method
Grading (scale from 0 to 20)
Can retake in second session
Yes
Enrollment Requirements
Studenten die dit opleidingsonderdeel opnemen, moeten minstens ingeschreven of geslaagd zijn voor ‘Jaarrekeninganalyse en Auditing’.
Taught in
Dutch
Faculty
Faculty of Social Sciences & SolvayBusinessSchool
Department
Business
Educational team
Joël Branson (course titular)
Dries Cecil Schockaert
Activities and contact hours

28 contact hours Lecture
25 contact hours Seminar, Exercises or Practicals
126 contact hours Independent or External Form of Study
Course Content

The course Auditing Theory and Ethics consists of two parts:

  1. Audit ethics;
  2. International standards on auditing.

The first part on ‘audit ethics’ gives an overview of the Belgian audit regulation with regard to independency, compatible and non-permitted activities, competence requirements, the professional secret, audit fees and client relations, solicitation and advertising,...

The second part reviews the main ‘international standards on auditing’.

Course material
Digital course material (Required) : Powerpointpresentaties vademecum van de bedrijfsrevisor meest recente jaarverslag, Canvas
Handbook (Required) : International Standards on Auditing, An institutional driver for audit quality, Dries Schockaert, Die Keure, 9782874035463, 2019
Additional info

Depending on current news or events extra information will be made available on Canvas.

Learning Outcomes

General competencies

Students master ethical requirements for auditors.
Students know about new developments in audit profession.
Students are able to analyse specific problems in auditing.
Students understand approach used in all important audit engagements.
Students have an insight in international standards on auditing (ISAs).
Students are prepared for a CPA exam.

Grading

The final grade is composed based on the following categories:
Oral Exam determines 50% of the final mark.
Written Exam determines 50% of the final mark.

Within the Oral Exam category, the following assignments need to be completed:

  • Oral Exam with a relative weight of 1 which comprises 50% of the final mark.

Within the Written Exam category, the following assignments need to be completed:

  • Written Exam: ISAs with a relative weight of 1 which comprises 50% of the final mark.

Additional info regarding evaluation

The examination of the part ‘international standard on auditing’ is written and closed book (1 hour).

This written examination is followed by a mandatory oral exam (closed book) on ‘Audit ethics’.

Allowed unsatisfactory mark
The supplementary Teaching and Examination Regulations of your faculty stipulate whether an allowed unsatisfactory mark for this programme unit is permitted.

Academic context

This offer is part of the following study plans:
Master of Business Engineering: Standaard traject (only offered in Dutch)
Master of Business Economics: Standaard traject (only offered in Dutch)
Master of Teaching in Economics: standaard traject (90 ECTS, Etterbeek) (only offered in Dutch)