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Audit in accounting

Type of study Follow-up Master
Language of instruction Czech
Code 117-0321/08
Abbreviation AU
Course title Audit in accounting
Credits 5
Coordinating department Department of Accounting and Taxes
Course coordinator Ing. Jana Hakalová, Ph.D.

Osnova předmětu

1. Characteristics and requirements of financial statements and annual report.
2. Characteristics of audit and its importance, history of audit and legal regulation of audit work in the Czech Republic.
3. Act No. 93/2009 Coll., on auditors, as amended.
4. The Chamber of Auditors of the Czech Republic, Public Audit Oversight Board, Public interest entities, audit committee and others.
5. Auditor's personality profile and auditor's code of ethics.
6. Auditor's rights and obligations.
7. Auditor's communication with the accounting entity.
8. International auditing standards and their application.
9. Preparation of documents for auditing of the financial statements and annual report.
10. Audit process and its particular phases.
11. The auditor's specific procedures for the audit of financial statements and annual report.
12. Final procedures, auditor's report and audit opinion.
13. Case studies on the issue of auditing.
14. Practical aspects of auditing.

Povinná literatura

DRURY, Coli. Management and Cost Accounting. United Kingdom: Cengage Learning EMEA, 2015. 816 p. ISBN 978-1-4080-4180-2 .
ELLIOTT, Barry and Jamie ELLIOTT. Financial Accounting and Reporting. 16th ed. Harlow: Pearson, 2013. 877 p. ISBN 978-0-273-77817-2.
GRAY, I., S. MANSON and L. CRAWFORD. The Audit Process: Principles, Practice and Cases. 6th ed. Andover: Cengage Learning EMEA, 2015. 832 p. ISBN 978-8-4080-8170-9 .

Doporučená literatura

BIERMAN, Harold. Accounting/finance lessons of Enron. A case study. Singapore: Wordl Scientific Publishing Co. Pte. Ltd., 2008. 204 p. ISBN 978-981-279-030-9.
BIERMAN, Harold. An introduction to accounting and managerial finance: a merger of equals. Singapore: Wordl Scientific Publishing Co. Pte. Ltd., 2010. 393 p. ISBN 978-981-427-382-4.
BRIGHAM, Eugene F. and Michael C. EHRHARDT. Financial management: theory and practice. 14th ed. Mason: South-Western Cengage Learning, 2014. 544 p. ISBN 978-1-111-97220-2.