2023
Financial Auditing
Name: Financial Auditing
Code: GES02342L
6 ECTS
Duration: 15 weeks/156 hours
Scientific Area:
Management
Teaching languages: Portuguese
Languages of tutoring support: Portuguese, Spanish
Regime de Frequência: Presencial
Sustainable Development Goals
Learning Goals
This course aims to familiarize the student with the internal control and the financial auditing. It is intended that the students acquire the following knowledge:
- Understand the concept of auditing and recognize the role of the auditor as agent crediting of financial information.
- Understand and dominate the internal control systems of companies as an integral part of the audit work
- Provide the students with a set of methods and techniques to be applied in the development of the audit.
- Provide students with knowledge about the procedures that are developed in auditing in order to obtain the legal certification of accounts.
There are developed the following skills:
- Ability to dominate the process of audit of the private sector.
- Ability to apply analytical methodologies for the processing of data and information.
- Ability to analyze information about the financial characteristics of the entities.
- Ability to set audit actions preventive and corrective.
- Understand the concept of auditing and recognize the role of the auditor as agent crediting of financial information.
- Understand and dominate the internal control systems of companies as an integral part of the audit work
- Provide the students with a set of methods and techniques to be applied in the development of the audit.
- Provide students with knowledge about the procedures that are developed in auditing in order to obtain the legal certification of accounts.
There are developed the following skills:
- Ability to dominate the process of audit of the private sector.
- Ability to apply analytical methodologies for the processing of data and information.
- Ability to analyze information about the financial characteristics of the entities.
- Ability to set audit actions preventive and corrective.
Contents
1. Introduction
2. Auditing systems
3. The internal control
4. Fundamentals of financial auditing
5. Objectives and auditing procedures
6. Audit conclusion and report
2. Auditing systems
3. The internal control
4. Fundamentals of financial auditing
5. Objectives and auditing procedures
6. Audit conclusion and report
Teaching Methods
Despite being a curricular unit where the theoretical aspects have some relevance we try to present practical examples that allow a better understanding of matter. Classes are supported by PowerPoint presentations but with use of the table, in the more practical questions.
The interdisciplinary nature of the audit will require sometimes the call for knowledge of other branches of science business.
With regard to the assessment, students can opt for the continuous assessment or an exam. In the system of continuous evaluation the final grade is based on a note of practical work and in a note from two frequencies. A final note gives a weight of 20% to practical work, 35% note of the first frequency and 45% to the note of the second frequency. In the continuous evaluation, to obtain approval, the minimum grade, in each component, is 7 values.
The interdisciplinary nature of the audit will require sometimes the call for knowledge of other branches of science business.
With regard to the assessment, students can opt for the continuous assessment or an exam. In the system of continuous evaluation the final grade is based on a note of practical work and in a note from two frequencies. A final note gives a weight of 20% to practical work, 35% note of the first frequency and 45% to the note of the second frequency. In the continuous evaluation, to obtain approval, the minimum grade, in each component, is 7 values.
Teaching Staff
