Publication in the Diário da República: Despacho nº 3393/2016 - 04/03/2016
4 ECTS; 3º Ano, 2º Semestre, 45,0 TP , Cód. 9152332.
Lecturer
- Daniel Ferreira de Oliveira (1)(2)
(1) Docente Responsável
(2) Docente que lecciona
Prerequisites
There are no formal prerequisites.
Though a good knowledge of accounting related issues would be helpful.
Objectives
Students should gain a comprehensive understanding of audit work and its technical, personnel, and legal conditions.
They should also have general knowledge of the phases of an audit, in particular, from planning and execution to communicating the audit results to third parties.
Program
Introduction
Auditing Standards and the Auditing Profession
Engagement and Planning of Audit Work
Internal Control
Audit Evidence
Auditing Financial Statements and Other Financial Reporting Documents
- Cash and cash equivalents.
- Purchases of goods and services, personnel, and accounts payable.
- Inventories and cost of goods sold and materials consumed.
- Tangible fixed assets, intangible assets, and investment properties.
- Financial investments.
Conclusion of the audit
Audit report
Evaluation Methodology
Continuous assessment: class participation (10%) and two written tests (90%) (weighted average of 50% each).
Students who did not meet the continuous assessment criteria are eligible for a written exam.
Bibliography
- Batista, C. e Alves, G. (2011). Casos Práticos de Auditoria Financeira. Lisboa: Rei dos livros
- Batista, C. (2023). Auditoria Financeira - Teoria e Prática. Lisboa: Rei dos livros
- Beasley, M. e Elder, R. e Arens, A. e Hogan, C. (2020). Auditing and Assurance Services - an integrated approach. NY: Pearson
Teaching Method
Conventional lectures and expository lessons.
Theoretical/practical sessions including case study discussions.
Software used in class
