‫جامعة النجاح الوطنية‬

An-Najah National
:‫لكية‬
Faculty of: of Economics and Social Sciences
Department of: Accounting :‫ دائرة‬/‫قسم‬

Course Outline
 Course Details
Course Title Auditing and Accounts Review
Course Number 10861321
Academic Year 2023/2022
Term 2nd Semester
Prerequisite(s) Tax Accounting
Course Type: Compulsory / Elective… etc. Compulsory
Credit Hours 4

 Instructor Information
Instructor Name Saed R. Al Koni, Ph.D

Office Old Campus Room No. 62263

Email Address saed@najah.edu

 Class Details
Days Sun/Tues/Thu,
Time 9-11
Class Room 63280

 Course Description and Objectives

The objective of the auditing course is to help each student obtain the skill, knowledge,
and personal characteristics necessary to practice successfully as an auditor.
Because auditing is concerned with the use and evaluation of information, auditing
skills are valuable for all accountants.

Specific course objectives include:

 Understand the demand for auditing and assurance services.
 Understand and apply the ethical principles in the Code of Professional
Conduct.
 Know the transaction- and balance-related audit objectives, their relationship,
and application to audit cycles.
 Use and apply materiality criteria and the audit risk model to make audit
planning and evidence evaluation decisions.

Page 1 of 3
V1
 ‫جامعة النجاح الوطنية‬
An-Najah National
:‫لكية‬
Faculty of: of Economics and Social Sciences
Department of: Accounting :‫ دائرة‬/‫قسم‬

 Intended Learning Outcome (ILO’s)

At the end of this course students should be able to;

1. Distinguish between Audit and Assurance Services

2. Perform Audit Planning
3. Master Analytical Procedures
4. Understand and Apply the Audit Risk technique
5. Understand and Apply the Materiality Concept
6. Perform the study and Evaluation of the Internal Control
7. Gather sufficient competent Evidences
8. Provide the suitable Audit Opinion and write the Report

 Textbooks and References

Textbook(s)
- Arens, Alvin/ Elder, Randal J./ Beasley, Mark S.: Auditing and Assurance Services: An
Integrated Approach, 16th global edition, England 2017.
- Gray, Iain/ Manson, S./ Crawford, L.: The Audit Process, 7th Edition, Cengage,
2019.
- International Standards on Auditing (ISAs), available at: www.ifac.org/IAASB

References
- Arens, Alvin A./Loebbecke, James K.: Auditing: An Integrated Approach, 8 th edition,
New Jersey 2003.
All texts and materials are available at the students' Bookstores. The primary
textbooks are also available at the university library.

The main textbook has a website with links to related course information. The web
site location is http://www.prenhall.com/arens and can be accessed from the course
web page on Moodle.

Selected Cases in Auditing will be used for class discussions and is designed to
highlight specific problems that auditors face in practice.

Additional course materials and readings are available on Moodle.

Page 2 of 3
V1
 ‫جامعة النجاح الوطنية‬
An-Najah National
:‫لكية‬
Faculty of: of Economics and Social Sciences
Department of: Accounting :‫ دائرة‬/‫قسم‬

 Topics Covered / Weekly Lecture Schedule

Week Topics
1 Types of Assurance & Non-Assurance Services
2 Introduction: Nature, definition, types, objectives, and need of audit
3 An overview of the postulates and concepts of auditing
4 The meaning and importance of auditor independence: factors affecting
independence and measures to attain it, and determinants of due
professional care

5 Quality Control Standards regarding Auditing Process

6 Audit Ethics and Auditor’s Legal Liability to the client and to third parties in
a Palestinian context
7 &8 Types of Audit Opinions and Qualifications of Audit Reports

9 & 10 Audit Responsibilities and Objectives

11 Audit Evidence

12 Audit Planning

13 Analytical Procedures

14 Sampling and Materiality

15 Risk based Approach to Auditing

16 Testing Internal Control; Reliance vs Substantive Strategies
Activity Percent (%)

Midterm Exam 30

Practical Case(s) 20

Class Participation and Quizzes 10

Final Exam 40

 Assessment Measures and Methods of Evaluation

 Important Dates
Week 7-8 1st Midterm Exam
Week 12-13 2nd Midterm Exam (depending on students’ performance in 1st Exam)
Week 16 Final Exam

Page 3 of 3
V1