Academic Year 2022/2023

  • Teaching Mode: Traditional lectures
  • Campus: Forli
  • Corso: First cycle degree programme (L) in Economics and business (cod. 9202)

Learning outcomes

The aim of the course is to provide useful tools to implement the budget review process and express a professional judgment on its reliability. At the end of the course the student is able to: (a) apply the audit process to the main budget items; (b) make a professional judgment on the reliability of the financial statements.

Course contents

The course takes 45 hours

Introduction to auditing
The  auditor profession
The risk model
The workpapers
The audit process
Acceptance and maintenance of the assignment
Planning
Fraud risk analysis
Aalitycal procedures
The evaluation of the effectiveness of the internal control system
The concept of materiality
The risk model
The statements of the directors
Evidence and audit procedures
Sampling

The review of the customer and sales area

Audit of the suppliers and purchasing area

Audit of the warehouse area
Audit of tangible fixed assets
Audit of intangible fixed assets
Audit of securities and participations
Audit of the cash and banks
Audit of accruals and deferred income and deferred income
Audit of the funds risks and charges
Audit of derivatives
Audit of tax debts

Audit of personnel
The completion of the audit process
The audit report
Going concern 

 

Readings/Bibliography

F. Bava, La revisione del bilancio, 2019, Giuffrè Francis Lefebvre (esclusi cap.3 par. 13-14-15-17-18-19-20-21-22)

F. Bava, L'audit del "going concern" nel bilancio, 2021, G.Giappichelli Editore (esclusi Parte 1 par. 4, Parte 2 par.5)

ISA ITALIA 2021

Teaching methods

Lectures in the classroom.

The lessons are characterized by both a theoretical and practical cut.

The educational activities will be carried out in interactive mode, to stimulate the participation of students and their growth.

Assessment methods

Written test.


The exam method indicated is already confirmed in the period of mixed teaching or exclusively online.


Any online  written test will take place through EOL, with video surveillance on Zoom.


In order for the written test to be passed, it is necessary that the student demonstrates that he has achieved sufficient knowledge of all the parts of the program included in the test itself.


Voting graduation grid:

18-23: sufficient preparation and analysis skills but related to a limited number of topics addressed in the course, use of an overall correct language;
24-27: technically adequate preparation but with some limitations with respect to the topics covered, good analytical skills, even if not particularly articulated, expressed in a correct language;

28-30: excellent knowledge of a large number of topics addressed in the course, good analysis and criticism skills, mastery of specific terminology;
30L: excellent knowledge and very thorough and exhaustive of the topics addressed in the course, ability to critical analysis and link, mastery of specific terminology.

 


Teaching tools



Presentations of the lessons in power-point.

Office hours

See the website of Giorgio Rusticali