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 .
Audit in accounting
| Language of instruction | čeština |
|---|---|
| Code | 117-0451 |
| Abbreviation | A |
| Course title | Audit in accounting |
| Coordinating department | Department of Accounting and Taxes |
| Course coordinator | Ing. Jana Hakalová, Ph.D. |
Anotace
This course addresses the auditing of financial statements and annual reports within the context of the Czech Republic. It covers the fundamental principles of auditing, the legal framework governing audits, the status and responsibilities of the auditor, ethical requirements for the profession, and the application of International Standards on Auditing (ISA). Attention is also given to current trends in auditing, the system of public oversight, the activities of the Chamber of Auditors of the Czech Republic, and issues concerning public-interest entities and audit committees. The course introduces the various stages of the audit process, including the preparation of audit documentation, audit procedures for verifying financial statements and annual reports, the drafting of the audit report, and the formulation of the audit opinion. Furthermore, the course develops the ability to apply theoretical knowledge to practical examples and case studies in the field of auditing.
Professional Knowledge
The student will explain the nature of audits and auditing activities from the perspectives of both the auditor and the audited entity, and characterize the fundamental concepts, principles, and objectives of auditing. Additionally, the student will demonstrate familiarity with the legal regulations governing audits in the Czech Republic and explain their relationship to International Standards on Auditing.
Professional Skills
The student will analyze and apply the audit process and the individual stages of an audit engagement; describe the professional profile of an auditor, including responsibilities and ethical requirements; and apply audit methods and specific procedures to solve practical tasks. The student will assess the suitability of specific audit procedures for given situations and analyze and interpret the results of audit activities.
General Competencies
The student responsibly and independently analyzes case studies focused on practical issues in auditing and proposes appropriate solutions.
Professional Knowledge
The student will explain the nature of audits and auditing activities from the perspectives of both the auditor and the audited entity, and characterize the fundamental concepts, principles, and objectives of auditing. Additionally, the student will demonstrate familiarity with the legal regulations governing audits in the Czech Republic and explain their relationship to International Standards on Auditing.
Professional Skills
The student will analyze and apply the audit process and the individual stages of an audit engagement; describe the professional profile of an auditor, including responsibilities and ethical requirements; and apply audit methods and specific procedures to solve practical tasks. The student will assess the suitability of specific audit procedures for given situations and analyze and interpret the results of audit activities.
General Competencies
The student responsibly and independently analyzes case studies focused on practical issues in auditing and proposes appropriate solutions.
Povinná literatura
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.
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.