Universitas Indonesia Faculty of Economics and Business — Department of Accounting toro | Undergraduate Program DAN BSNS SYLLABUS AUDITING AND ASSURANCE 2 ECAU604105 EVEN SEMESTER 2018/2019 “No. Lecturers E-mail 1 | Dr. Eliza Fatima S.E., M.E., CPA. /Aria_| elisa_fatima@yahoo.com Kanaka S.E., M.AK. ariakanaka@yahoo.com 2° | Nur Aulia Rahmah S.E., M.Sc. /Dr. | rahmah.naulia@gmail.com / ‘Soemarso Slamet Rahardjo S.E., M.E. | soemarso_s.rahardjo@yahoo.com 3__ | Agung Nugroho Soedibyo S.E., MAK. | asoedibyo@gmail.com 4 | Ahmadi Hadibroto / ahadibroto@gmail.com | Eliza Fatima elisa_fatima@yahoo.com | 5 | Ludovicus Sensi W. 7 Iwondabio@gmail.com | Nur Aulia Rahmah rahmah.naulia@gmail.com ‘6 | Dudi Hadisantoso / dudihadisantoso@yahoo.com | Mawar LR. Napitupulu mawar.napitupulu@rsm.id Subject Code | ECAU604105 Subject Title | Auditing and Assurance 2 Credit Value [3 Pre-requisite/ | Auditing and Assurance 1 Role and This course is a part of the Auditing and Assurance Services class which consists Purposes of the Auditing and Assurance 1 and 2. This course aims to provide understanding of risk-based approach to the audit of financial statements, and also auditors’ report. Based on the understanding of risk and internal control, students are expected to learn how to design the appropriate and relevant audit strategy, and audit procedures. Page 1 of8 aSubject Upon completion of the subject, student will be able to: Learning (72) able to apply relevant auditing standards and applicable laws and regulations Outcomes _ to an audit of financial statements (T3) able to assess the risks of material misstatements in the financial statements and consider the impact on the audit strategy (17) able to evaluate audit evidence in accordance with auditing standard and | applicable regulation in conducting financial statement aucit. Critical Thinking (TLA only) a) Provide arguments and draw conclusions supported by appropriate-evidence ‘Communication Skills (TLA only) b) Communicate clearly and concisely in presentation and discussion Subject - Synopsis/ Week # Topic and Sub-Topic LO] Required Indicative reading Syllabus [1 | Students should be able to: TB | SC chap. Studium |1. Suggest why risk-based approaches have 7,4,13 Generale | _ become more important TAASB 2. Define audit risk and business risk and show Handbook how auditors approach risk ISA 200, 240 IGSM chap.5 ISA, Professional Skepticism and Risk- TMT bab 1 Based approach 1.1 IFAC and IASB 1.2 Professional Standards issued by IAASB 13 ISA 1.4 Professional Skepticism 1.5 Risk-based approach to audit Ms2 Group Presen- ition and iscussion Students should be able to: 3. Show the extent to which external audit can use the work of the internal audit in achieving audit objectives 4. Explain why the audit evidence search is a central concept of auditing 5. Explain the relationship between audit evidence and the application of audit judgment 6. Show that there are different grades of audit evidence 7. Show that evidence has to be collected in different ways at each audit stage Internal Audit, Audit Evidence 2.1 Reliance on internal audit by external auditors 2.2 The audit is defined as a search for evidence to enable an opinion to be formed 2.3 The exercise of judgment based on evidence 2.4. Reliability of audit evidence (grade of audit evidence) 2.5 The stage of audit process and the evidence requirements at each stage TGSM chap. 6, 15 SC chap. 18, 19 ISA 500, 501, 610 3 Group Presen- tation and Discussion Students should be able to: 8. Explain the role of tests of control 9. Evaluate systems in use in selected areas and draw up audit conclusions Testing and Evaluation of System 3.1 Sales and debtors 3.2 Payroll systems 3.3 Purchase and credit systems 3.4 General and application control in sales | system 3.5 Test of control 3.6 Evaluation of system and audit conclusion IGSM chap. 9 Arens chap. 15 Page 3 of 8 n\