UNIVERSITAS INDONESIA

FACULTY OF ECONOMICS AND BUSINESS

DEPARTMENT OF ACCOUNTING
MASTER OF ACCOUNTING PROGRAM

SYLLABUS
AUDITING AND ASSURANCE SERVICES - Advance
(Auditing and Attestation)
ECAM804107
ODD SEMESTER 2019/2020

Subject Code ECAM804107

Subject Title Auditing and Attestation
Credit Value 3
Pre-requisite/ ---
Co-requisite/
Exclusion
Role and Purposes This subject is given to provide students with the knowledge and ability to apply auditing
standards, review standards, assurance standards, accounting related services standards,
quality control standards, and professional code of ethics. Thus they are expected to be
ready to apply the knowledge and skills as an auditor as well as able to develop the skills
to solve problems related to the audit process, including but not limited to the ability to
make decisions, and skills in preparing and delivering professional communication and
working with others.
Subject Learning 1. Students are able to analyze Audit of historical financial statement, issues and
Outcomes their impact on decision making process from multiple perspectives:
a. The need for an independent audit and assurance function, and the
development of the role of the external and internal assurance provider
in modern and global business society;
b. Business risk and Audit risk assessment
c. Manage the audit planning, risk responses and various type of auditor’s
report
2. Students demonstrate understanding the nature and applicability of Other
Assurance and Non-Assurance services provided by the auditing and assurance
profession and the level of assurance provided
3. Students demonstrate an understanding in global perspectives the quality
control procedures necessary to ensure that a competent assurance engagement
is performed, and apply professional ethics including Code of Conduct to specific
scenarios;

Subject Synopsis/ Week Topic LO Required

Indicative Syllabus # Reading
1 Public Accountant 1.a  ISGM ch 4 ,19,20
and Audit Market 3  International Accounting Bulleting, February
a. Public 2017
Accountant (AP)  OJK/Capital Market Regulation
b. Public Accounting  Undang Undang Akuntan Publik no 5 tahun
Firm (KAP) 2011
 c. Global and
national KAP IGSM Ch 18
ranking
d. Compulsory and
voluntary audit
e. Client
Expectation for
the quality of
Auditor and
Accounting Firm
2 Ethics and the role 3 IGSM : Ch 20
of Government and Code of Ethics for
Professional Professional Accountant:
Accounting Body  IFAC
a. The role of  IAI
government to  IAMI
oversight AP and  IAPI
KAP Undang-Undang Akuntan Publik and Related PP
b. The role of OJK and PMK
for AP and KAP
as capital market
support
profession
c. Legal
responsibility of
Auditor and
Accounting Firm
3 Professional 1.c https://www.ifac.org/
Standard 3 https://www.iaasb.org/
a. International https://pcaobus.org/
organization Steven collings ch 1
IFAC & IAASB & 2017-2018 IAASB Handbook Volume 1 dan
US – PCAOB in volume 2
developments of
professional
standard
b. Ikatan Akuntan
Indonesia
c. Institut Akuntan
Publik Indonesia

4 Audit Approach – 1.b  IGSM Ch 5

Risk Based  Steven collings Ch 6 & 8
a. Audit risk and
business risk
a. Audit risk and
financial
statements
b. Audit risk and
independent audit
 report
c. KAP quality
control and audit
risk
d. Financial
statements relied
by public

5 Audit Process – Risk 1.b IGSM ch 5

Assessment
a. Stages of the audit Steven Collings chapter 6 and 8
of financial
statement
b. Pre Engagement
Activity
c. Audit Strategy
d. Audit Planning
6 Audit Process – Risk 1.c IGSM ch 6,7,8 & 9
Response : Steven Collings ch 15 : ISA 330

7 Audit Process : 1.c IGSM ch 16, 17

Reporting Steven Collings :
a. Unmodified  Ch 32 : ISA 700
independent audit  Ch 33 : ISA 705
report  Ch 34: ISA 706
b. Modified  Ch 35 : ISA 710
independent audit  Ch 29 : ISA 600
report:
c. Forming of audit
opinion:
a. Departure of
accounting
standard
b. Limitation of
scope
c. Materiality
d. Audit of group
financial
statement

Source :
UTS Mid Semeser exam Learning Outcome weeks 1 up to t

8 Issues in Auditing 1.a

1. Technology IAASB- Data Analytic Working Group
trends https://www.iaasb.org/system/files/meetings/files/20170911-
IAASB_CAG_Agenda_Item_M-Data-Analytics-Presentation.pdf
2. Accounting
Watson Analytic :
Profession and
https://www.youtube.com/user/watsonanalytics
globalization
3. Development of
professional
 standard
4. How accounting
firm plan to
adopt new
technology
5. the future of
auditor’s skill
and competence

9 Special Report, 2 Steven Collings : Ch 37 : ISA 800

Other Assurance and 3 Compilation and Review of historical financial
Non Assurance statements:
engagement ISRS 3410.
1. Special Purpose ISRE 2400
Framework ISRE 2410
2. Relationship
between
evidence and
assurance
attained
3. ISRS 3410 :
Compilation
Engagement
4. ISRE 2400 :
Review historical
financial
statements
5. ISRE 2410 :
Review of
Interim Financial
Information
performed by
Independent
Auditor of the
Entity

10 Assurance 2 ISGM: Ch 15
engagement other 3 ISAE : 3000
than audits or ISAE : 3410
review of historical
financial information
a. Nature and role
of assurance
engagement
b. Characteristic of
Assurance
Engagement
c. Engagements on
Greenhouse Gas
Statements
 11 Examination of 2 ISAE: 3400
prospective financial 3
statement :

12 Assurance 2 ISAE : 3420

Engagements to
report on the 3
Compilation of
Proforma Financial
Information
included in a
Prospectus

13 Engagements to 2 ISRE 4400

perform Agreed- 3
Upon Procedures
regarding Financial
Information

14 Wrap Up
UAS Final Exam Source : Learning Outcome and topic week 8-13
Teaching/Learning Teaching is given with emphasis on the discussion of the case of integrated audits and
Methodology other audit case studies in accordance with the subject. Discussion of the case carried
out the form of presentations and discussions. In each session, students were asked to
explore the issues that will be discussed. The case presented reflects the main issues to
be discussed in that session. The results of the case studies are presented and discussed
by students in class. Students are expected to actively participate in the discussion.
Assessment Specific Assessment % Intended Learning Outcomes to be
Method in Methods/Tasks Weighting Assessed
Alignment with 6.5.1 6.5.2 6.5.3 6.5.4 2.1.1 2.1.2
Intended Learning Continuous Assessment 100 √ √ √ √ √ √
Outcomes INDIVIDUAL 60%
Mid Exam 25% √ √ √ √
Final Exam 25% √ √ √ √
Individual assignment : 10%
 Individual paper or
 Weekly Quiz
GROUP 40%
Group Assignment – 20%
Cases
Presentation and 20%
Discussion
Details of Learning methods for this subjct are:
Learning 1. lecturing ;
Method 2. Group Discussion on every class meeting.
- quiz
- Case study relevant to meeting’s learning outcome and topic

Almost in all sessions, students will participate in group discussion. The discussion is
designed to raise their curiosity as well as to solve some assignments. Each group will
present the results of discussions with the lecturer as facilitator. Results of the
 discussions and presentations are expected to improve students’ understanding about
the concept and the implementation based on cases. These presentation sessions are
also expected to benefit students to learn from other group discussion.

Summary of learning experiences:

1. Information technology – Students will be exposed to the use of information
technology because they need to prepare group assignment. To gather the
information needed for case analysis, students need to browse internet and select
relevant information. They also need to prepare report in Microsoft Word and
PowerPoint and submit it to the lecturer.
2. Interpersonal relation and teamwork – Students will be divided into groups. Each
week, every group should provide the lecturer with case analysis required. In order
to do so, they will have to work with each other in small team and maintain good
interpersonal relation with other team members.
3. Diverse and multicultural work environment – The Master of Accounting Program
have an open requirement related to cultural background of its new students.
Student Study Class contacts:
Effort Expected Lectures 10 Hours
Presentation 7.5 Hours
In-class discussion 10.5 Hours
Other student study effort:
Preparation for structured group assignment 14 Hours
Individual study effort 14 Hours
Total 56 Hours
Reference  Undang-Undang Akuntan Publik
 Related PP and PMK
 International Accounting Bulleting, February 2017
 Seminar/PPL materials from PPPK
 Capital market regulation
 OJK regulation
 Putusan MK no. 84/PUU-IX/2011
 Web IFAC
 Web IAASB
 Web PCAOB
 Web IAI
 Web IAPI
 Web AEC
 MRA on Accountancy
 Undang-Undang Perseroan Terbatas
 Undang-Undang Pasar Modal
 Steven Collings, S. 2011. Interpretation and Application of
International Standards on Auditing. Wiley. (SC)
 Ian GRAY, Stuart MASON. 2015, The Audit Process: Principles,
Practical and Cases. Six Edition ( IGSM)
 Rick HAYES, Phillip WALLAGE, Hans GORTEMAKER, 2014.
Principles of Auditing: An introduction to International Standard
on Auditing. Third Edition. ( HAYES)
 Alvin A. Arens, Randal J.Elder, Mark S Beasly Chris E.Hogan. 2017.
Auditing and Assurance Services. 16th Edition ( ARENS)
Statement of Plagiarism and Autoplagiarism are strictly forbidden, as stated in the Decree
Authorship of Faculty Economi University Indonesian No
352/H2.F6.D1/HKP.02.04.SKD/2013.

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