Financial audit procedures

Course Code: ACAE 21-2 • Study year: II • Academic Year: 2024-2025
Domain: Accounting - Masters • Field of study: Audit and control of economic agents
Type of course: Compulsory
Language of instruction: Romanian
Erasmus Language of instruction: English
Name of lecturer: Attila Szora Tamas
Seminar tutor: Attila Szora Tamas
Form of education Full-time
Form of instruction: Class / Seminary
Number of teaching hours per semester: 56
Number of teaching hours per week: 4
Semester: Autumn
Form of receiving a credit for a course: Grade
Number of ECTS credits allocated 8

Course aims:

The discipline trains students in master's degree skills and abilities to use the theoretical instruments specific to auditing in concrete financial audit missions.
Ability to know and understand: the basic concepts of financial audit, financial audit practices and procedures, the rules applicable in financial audit;
Ability to identify procedures applicable to different financial audit missions, rules and concepts applicable to a financial audit mission;

Course Entry Requirements:


Course contents:

1. Audit mission pre-planning activities;

2. Risk assessment;

3. Audit plan and program;

4. Audit procedures;

5. Survey technique;

6. Audit evidence;

7. Audit report.

Teaching methods:

Lecture, Heuristic Conversation, KWL - Video Media. Case Studies. Analysis

Learning outcomes:

Critical-constructive interpretation of audit and control phenomena at the level of economic agents and elaboration of reasoned value judgments;

Ability to organize and perform tasks specific to financial audit;

Diversification and completion of financial and accounting knowledge, interdisciplinary approach to economic operations in order to ensure the possibility of providing consulting services in the field of audit and control of economic agents;

Learning outcomes verification and assessment criteria:

Written exam -80%; Evaluation of the research paper-20%.

Recommended reading:

Tatiana Dănescu, Proceduri şi tehnici de audit, Editura Irecson, Bucureşti, 2007, pp.1-100.
Briciu Sorin, Tamas S. Attila, Adela Socol, Raluca Ivan, Audit financiar, Seria Didactica, ALBA IULIA, 2014, -.302.
Socol A.,, Audit financiar, Suport de curs și seminar,, Seria Didactică a Universității 1 Decembrie 1918, ALBA IULIA, 2013, pp.1-100.