Core Module Information
Module title: Auditing (HK)

SCQF level: 09:
SCQF credit value: 20.00
ECTS credit value: 10

Module code: ACC09919
Module leader: Tim Burrows
School The Business School
Subject area group: Accounting and Finance
Prerequisites

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Description of module content:

Rationale of auditing.
Legal and professional framework of auditing.
Audit risk and materiality.
Analytical reviews, substantive testing and audit evidence.
Evaluation and testing of internal controls.
Sampling methods in audit testing.
Letters to auditee management.
Audit of fixed and current assets, liabilities, income, expenditure, reserve movements and reserve balances.
Post balance sheet events, going concern questions and audit closure procedures.
Audit reports.
Auditing postulates.
Ethics, responsibilities and public expectations of auditors.

Learning Outcomes for module:

LO1: Explain the legal requirements for auditing and the framework for the professional regulation of auditors.
LO2: Interpret the underlying theory behind the audit process, the purpose of external audit and the essential postulates of auditing
LO3: Assess the quality and relevance of audit evidence
LO4: Appraise financial control and recording systems and the value of their outputs as audit evidence
LO5: Recommend improvements to financial control system

Full Details of Teaching and Assessment
2023/4, Trimester 3, Face-to-Face,
VIEW FULL DETAILS
Occurrence: 002
Primary mode of delivery: Face-to-Face
Location of delivery: HONG KONG
Partner:
Member of staff responsible for delivering module: Rachel Findlay
Module Organiser:


Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)NESH Description
Face To Face Lecture 23 Contact Module Leader
Face To Face Practical classes and workshops 18 Contact Module Leader
Face To Face Centrally Time Tabled Examination 3 Contact Module Leader
Independent Learning Guided independent study 156 Contact Module Leader
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words Description
Report 30 3-5 5-6 HOURS= 0, WORDS= 4 A4 PAGES Contact Module Leader
Centrally Time Tabled Examination 70 1-5 14-15 HOURS= 3, WORDS= 0 Contact Module Leader
Component 1 subtotal: 30
Component 2 subtotal: 70
Module subtotal: 100
2024/5, Trimester 2, BLENDED,
VIEW FULL DETAILS
Occurrence: 001
Primary mode of delivery: BLENDED
Location of delivery: HONG KONG
Partner:
Member of staff responsible for delivering module: Tim Burrows
Module Organiser:


Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)NESH Description
Face To Face Lecture 23 Contact Module Leader
Face To Face Practical classes and workshops 18 Contact Module Leader
Face To Face Centrally Time Tabled Examination 3 Contact Module Leader
Independent Learning Guided independent study 156 Contact Module Leader
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words Description
Report 30 3-5 8 HOURS= 00.00, WORDS= 1500 Contact Module Leader
Centrally Time Tabled Examination 70 1-5 14-15 HOURS= 3, WORDS= 0 Contact Module Leader
Component 1 subtotal: 30
Component 2 subtotal: 70
Module subtotal: 100

Indicative References and Reading List - URL:
Contact your module leader