The module provides the student with the theoretical basis for performing audits of financial statements. The module starts with an overview and comparison between the Danish and international regulatory framework, including the statutory role of the auditor as the public trust representative. The regulatory framework represents the basis for performing audits according to the international standards on auditing (ISAs).
The module then concentrates on the relevant phases of the audit process, by identifying key concepts of risk and materiality, audit evidence and documentation, audit methods, quality management and control, internal control and internal audit, public audit, audit reports and auditors’ responsibilities and ethics.
The objective is that the student after the module possesses the necessary knowledge on:
The objective is that the student after the module possesses the necessary skills to:
The objective is that the student after the module possesses the necessary competences to:
For information see § 17.
|Name of exam||Auditing 1|
|Type of exam|
Written or oral examIndividual examination.
|Assessment||7-point grading scale|
|Type of grading||Internal examination|
|Criteria of assessment||The criteria of assessment are stated in the Examination Policies and Procedures|
|Danish title||Revision 1|
|Language of instruction||Danish|
|Location of the lecture||Campus Aalborg|
|Responsible for the module|
|Study Board||Study Board of Auditing|
|Department||AAU Business School|
|Faculty||The Faculty of Social Sciences|