| Language of instruction: |
English |
| Type of course: |
Non-Departmental Elective |
| Course Level: |
Bachelor’s Degree (First Cycle)
|
| Mode of Delivery: |
Face to face
|
| Course Coordinator : |
Prof. Dr. ELİF OKAN |
| Course Lecturer(s): |
Prof. Dr. HÜMEYRA ADIGÜZEL
Prof. Dr. İPEK ALTINBAŞAK FARİNA
|
| Recommended Optional Program Components: |
None |
| Course Objectives: |
This course is designed to enable students to understand fundamental auditing concepts, principles and procedures. It addresses issues concerning, internal control, audit risk, materiality, characteristics of evidence, sampling, analytical procedures, audit reports. Students will acquire the necessary skills in general audit principles and procedures with a slight bias towards financial statements audits. |
| Week |
Subject |
Related Preparation |
| 1) |
Introduction to Internal Audit
• Explaining the concepts of Internal Audit, Corporate Governance, Business Ethics, Internal Control and Risk Management,
• Recent development regarding internal audit in the World and Turkey,
• Information about general structure of the course |
|
| 2) |
Corporate Governance
• Introduction to Corporate Governance,
• Analyzing the types of corporate governance models,
• Evaluating to Auditing committee and internal audit
|
|
| 3) |
Internal Audit, International Professional Practices, Framework and Standards
• Standards (General Concepts)
• Application of IPPF in an auditing practice
|
|
| 4) |
Internal Audit Practice Principles - Audit Process
• Auditing plan
• Resource distribution of the task
• Development of the work program
|
|
| 5) |
Risk Management and Internal Control
• Explaining methods, processes and structures regarding corporate risk management
• Analyzing types of risk management processes (Models and Differences)
• Evaluating the methodologies of risk management
|
|
| 6) |
Experience Sharing (Planning, Reporting, Field Monitoring/Following, Career Path) |
|
| 7) |
Experience Sharing (Planning, Reporting, Field Monitoring/Following, Career Path) |
|
| 8) |
IT Audit
• Methods, Techniques and Applications in IT Audit |
|
| 9) |
Communication Skills for Internal Auditors
• Communication Process in Businesses and Elements of Effective Communication,
• Interpersonal communication skills
• Interview skills and conducting the interview
• Principles of preparing, organizing and presenting oral and written communication,
• Correspondence
• Graphs and tables as communication tools
|
|
| 10) |
Fraud Risks and Auditing
• Cheating in General, Concepts, Elements of Cheating, Cheating Theory, Symptoms, Types, Red Flags, Whistleblowing, Profile of a Fraudster
• Management of Fraud Risk in Businesses
• Roles and Responsibilities of Internal Auditor
Fraud Prevention, Discovery, Investigation and Reporting
|
|
| 11) |
Ethics, Sustainability and Social Responsibility
• Categories of ethics; Personal Ethics, Business Ethics, Professional Ethics
• Business ethics and the role of management in developing an ethics policy
• Role and responsibilities of internal audit in ethical activities
• Code of conduct
• Organizational Ethical Culture
• Sustainability and Social Responsibility Concepts and the Role of the Internal Auditor
|
|
| 12) |
Experience Sharing (Planning, Reporting, Field Monitoring/Following, Career Path) |
|
| 13) |
Quality Assurance and Review in Internal Audit |
|
| 14) |
Career Path of an Internal Auditor (Critical Factors throughout a Career Path and Design of Future Resume) |
|
| |
Program Outcomes |
Level of Contribution |
| 1) |
As a world citizen, she is aware of global economic, political, social and ecological developments and trends. |
2 |
| 2) |
He/she is equipped to closely follow the technological progress required by global and local dynamics and to continue learning. |
2 |
| 3) |
Absorbs basic economic principles and analysis methods and uses them to evaluate daily events. |
2 |
| 4) |
Uses quantitative and statistical tools to identify economic problems, analyze them, and share their findings with relevant stakeholders. |
2 |
| 5) |
Understands the decision-making stages of economic units under existing constraints and incentives, examines the interactions and possible future effects of these decisions. |
1 |
| 6) |
Comprehends new ways of doing business using digital technologies. and new market structures. |
2 |
| 7) |
Takes critical approach to economic and social problems and develops analytical solutions. |
1 |
| 8) |
Has the necessary mathematical equipment to produce analytical solutions and use quantitative research methods. |
2 |
| 9) |
In the works he/she contributes, observes individual and social welfare together and with an ethical perspective. |
2 |
| 10) |
Deals with economic problems with an interdisciplinary approach and seeks solutions by making use of different disciplines. |
1 |
| 11) |
Generates original and innovative ideas in the works she/he contributes as part of a team. |
2 |