| ACTUARIAL SCIENCE (TURKISH, NON-THESIS) | |||||
| Master | TR-NQF-HE: Level 7 | QF-EHEA: Second Cycle | EQF-LLL: Level 7 | ||
| Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
| ISL5443 | Internal Audit and Risk Management | Fall | 3 | 0 | 3 | 8 |
| The course opens with the approval of the Department at the beginning of each semester |
| Language of instruction: | Tr |
| Type of course: | Departmental Elective |
| Course Level: | |
| Mode of Delivery: | Face to face |
| Course Coordinator : | Prof. Dr. FATMA ÖZKUL |
| Course Objectives: | The aim of this course is to to explain the concepts of internal control and internal audit, their roles and necessity in organizations. Also, it aims to train individuals to specialize in the field of internal audit for internal auditor needs in business |
|
The students who have succeeded in this course; I. At the end of this course, students will learn about modern internal auditing methods, tools and techniques, the theoretical and practical competencies. II. At the end of this course, students will be able to have the most detailed information about the steps of an internal audit activity in the international standards. III. At the end of this course, students will learn stages of the internal audit process and the internal auditor qualifications. |
| As part of the course refers objectives, principles, concepts and techniques of internal audit. Therefore, following topics will be discussed in class; role of internal auditor, audit types, risk management, planning of internal audit and finally auditing purchasing, human resources audit, marketing audit and financial management audit. |
| Week | Subject | Related Preparation | |
| 1) | Introduction to Internal Audit and the International Internal Audit Standards | ||
| 2) | Internal Audit Methodology based on Risk | ||
| 3) | Risk Management | ||
| 4) | Process analysis and documentation | ||
| 5) | Risk-Based Audit Planning | ||
| 6) | Risk Based Internal Audit Tools and Techniques | ||
| 7) | MID-TERM | ||
| 8) | Internal Audit Process | ||
| 9) | Effective Report Writing | ||
| 10) | Control Unit Management | ||
| 11) | Control Self-Assessment | ||
| 12) | Internal Control and Internal Control Models | ||
| 13) | Sampling Methods in Audit | ||
| 14) | Operational Control | ||
| Course Notes: | Power Point Sunumları / Power Point Slides |
| References: | İç Denetim ( Güncel Yaklaşımlar)- Niyazi Kurnaz- Tansel Çetinoğlu Modern İç Denetim- Güncel İç Denetim Uygulamaları- Davut Pehlivanlı |
| Semester Requirements | Number of Activities | Level of Contribution |
| Attendance | 14 | % 10 |
| Laboratory | % 0 | |
| Application | % 0 | |
| Field Work | % 0 | |
| Special Course Internship (Work Placement) | % 0 | |
| Quizzes | % 0 | |
| Homework Assignments | % 0 | |
| Presentation | 1 | % 10 |
| Project | 1 | % 15 |
| Seminar | % 0 | |
| Midterms | 1 | % 25 |
| Preliminary Jury | % 0 | |
| Final | 1 | % 40 |
| Paper Submission | % 0 | |
| Jury | % 0 | |
| Bütünleme | % 0 | |
| Total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 45 | |
| PERCENTAGE OF FINAL WORK | % 55 | |
| Total | % 100 | |
| Activities | Number of Activities | Workload | |
| Course Hours | 14 | 42 | |
| Laboratory | |||
| Application | 13 | 50 | |
| Special Course Internship (Work Placement) | |||
| Field Work | |||
| Study Hours Out of Class | 14 | 81 | |
| Presentations / Seminar | |||
| Project | |||
| Homework Assignments | |||
| Quizzes | |||
| Preliminary Jury | |||
| Midterms | 1 | 2 | |
| Paper Submission | |||
| Jury | |||
| Final | |||
| Total Workload | 175 | ||
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution | |
| 1) | Acquire the quantitative skills to become an actuary. | |
| 2) | Will know about risks and ways to manage risk. | |
| 3) | Will know about financial planning and its role in actuarial management. | |
| 4) | Will be able to design new products and carry profitability tests and scenario analyses. | |
| 5) | Besides gaining competence in theoretical subjects, the graduate will also be aware of practical issues and applications through lecturers and instructors who have market experience. | |
| 6) | Will be able to follow all innovations and carry on research on the particular area. | |
| 7) | Will share information with colleagues and will use it for project development.. | |
| 8) | Will be able to apply and make the necessary adaptation to all new rules and regulations. |