Course description

ANNOTATION OF THE CONTENT OF THE COURSE

_____ INTERNATIONAL AUDIT STANDARDS

(name of academic discipline)

______ elective discipline

(normative / selective)

__cycle of professional and practical training

(cycle of disciplines according to the curriculum)

The subject of the discipline

formation of students’ basic theoretical knowledge and practical skills in the application of international auditing standards.

The purpose of the discipline

to teach students to correctly apply theoretical knowledge on the organization of auditing in Ukraine and the world, methods of their application for auditing in practice, summarizing the results of auditing and performing tasks in terms of financial reporting, special types of auditing and auditing services

The main tasks

mastering the theoretical foundations of the essence of audit as an independent financial control in Ukraine; regulations governing auditing in Ukraine and the EU; features of public oversight of the audit profession; application of the Code of Ethics for Professional Accountants.

The place of the discipline in the structural and logical scheme of bachelor training

the study of the discipline is based on knowledge of accounting (general theory), analysis of economic activity, entry into the profession, the history of accounting.

Requirements for competencies, knowledge and skills

As a result of studying the discipline, the student must have the following competencies:

general:

Ability to conduct research at the appropriate level.
Ability to learn and master modern knowledge.
Ability to act on the basis of ethical considerations (motives).
Ability to abstract thinking, analysis and synthesis.
Ability to work in a team.
The ability to be critical and self-critical.
Knowledge and understanding of the subject area and understanding of professional activity.
Ability to communicate in the state language both orally and in writing.
Skills in using modern information systems and communication technologies.
The ability to act socially responsibly and consciously.

special:

Ability to study trends in the development of auditing, to make generalizations about the assessment of the manifestation of certain phenomena that are inherent in modern auditing.
Apply knowledge of International Standards for Quality Control, Audit, Review, Other Assurance and Related Services and the Law of Ukraine “On Auditing Financial Statements and Auditing Activities” in the Practical Activities of Business Entities
Identify and assess audit risks and cases of fraud in the activities of the entity, non-compliance with laws and regulations, inaccuracies in reporting, manipulation of accounts.
Perform assurance, review and related services.
Apply audit techniques and assurance services.
Ability to apply the ethical principles of the Code of Ethics for Professional Accountants in the performance of their professional duties.
Demonstrate an understanding of the requirements for professional activity, due to the need to ensure sustainable development of Ukraine, its strengthening as a democratic, social, legal state.
Ability to apply audit techniques and assurance services.

a) know:

– basic terms and definitions of international auditing standards and the Code of Ethics for Professional Accountants;

– classification of international auditing standards;

– list of international auditing standards;

– the content of the main provisions of international auditing standards ISA);

– subject area and understanding of the professional activity of the auditor;

– International Standards for Review Tasks (IAS);

– International Standards of Assurance Tasks (IAS);

– international standards of related services (IAS);

– International Quality Control Standards (ISCS).

b) be able to:

– apply international auditing standards in conducting external audits;

– apply methodological techniques and methods of verification taking into account international auditing standards;

– work in a team;

– solve complex practical problems during the audit using international standards;

– apply ethical principles during the audit;

– independently plan and design the audit process using international standards.

Program learning outcomes

Understand the place and importance of accounting, analytical, control, tax and statistical systems in the information support of users of accounting and analytical information in solving problems in the field of social, economic and environmental responsibility of enterprises.
Define the essence of objects of accounting, analysis, control, audit, taxation and understand their role and place in economic activity.
Understand the theoretical foundations of auditing and be able to apply its methods and procedures.
To be able to work both independently and in a team, to show leadership qualities and responsibility in work, to adhere to ethical principles, to respect individual and cultural diversity.
Possess and apply knowledge of state and foreign languages ​​for the formation of business papers and communication in professional activities.

Department: Department of Accounting, Analysis and Control.

Language of instruction: Ukrainian

Forms of organization of educational process: lectures, seminars

Form of final control: credit

Teachers who provide the educational process: Assoc. Goncharuk SM

The content of the discipline by topic

Topic number

Name topics

Topic 1 Auditing and its historical development
Topic 2 Organization of auditing in Ukraine
Topic 3 International Federation of Accountants and its activities in the field of audit
Topic 4 The main provisions of international ISA auditing standards, their essence and classification
Topic 5 International Standards for Assurance Engagements (IAAS)
Topic 6 International Standards for Related Services (IPS)
Topic 7 International Standards for Review Tasks (IAS)
Topic 8 International Quality Control Standards (ISQA)
Topic 9 International auditing standards for specialized areas
Topic 10 Code of Ethics of Professional Accountants and its characteristics