of Business Administration
COURSE TITLE: Internal Auditing
(Pre-requisite: Introduction to Auditing)
WEB SITE: http://www.rohanchambers.com/Courses/Auditing/Internal/index.htm
DURATION: Semester 2
|C/o School of Business, Ext.2141.|
|Personal web site: www.rohanchambers.com|
|Office hours : Tuesdays 3 - 5 pm|
COMPUTER LAB INSTRUCTOR (ACL):
|C/o Symptai Consulting Limited, 56 Half Way Tree Road|
Internal auditing has emerged in both the public and private sectors as a distinctive profession. The development of this course had recognized this emergence and is geared specifically to students who wish to enter (or progress in) the field of Internal Auditing. The course also includes a lab component where students will be introduced to Audit Command Language (ACL), a popular internal auditing software tool.
This course is designed to prepare students to become professional internal auditors. To satisfy this goal, the focus is not only on the technical material, but also on the student's analytical and communication skills. These are the essential elements for a successful career in internal auditing given the changing role of the profession. A secondary objective of this course is to assist the student in preparing for the Certified Internal Auditor (CIA) examinations, the ultimate qualification of the internal audit profession.
Topics - (the relevant chapter from the text is in brackets)
Supplemental Articles/Web Sites
Click 'Articles' below for complete list of Auditing Articles
Introduction (1 & 2)
Preliminary Survey and Audit Program Preparation
Designing Audit Tests
Conducting the internal audit assignment (6)
Report Writing and Follow-up (7)
Managing the Internal Auditing Department (8, 12 & 16)
Information Technology (IT) and the Internal Auditor
There will be two 2-hour sessions per week. One of the sessions will be for a combined lecture and tutorial. The first hour will be the tutorial where students will present their solutions to assigned questions. The second hour is for lectures where topics will be introduced and discussed. To assimilate the material more readily and in turn enhance better quality discussions, students must read the relevant units and attempt the assigned tutorial questions prior to each session. The instructor will assume that this has been done.
The second 2-hour session will be in held in computer labs and will focus on the use of Audit Command Language (ACL). Trainers from Symptai Consulting Limited, local agents for ACL, will demonstrate the basics of this software package.
|Type||Date/Due Date||Topics||Length||Format||Weight (%)|
|Coursework #1||Week# 3||1-2||1 hour||In class test - 40 mcqs||10|
|Coursework #2||Week# 10||TBA||n/a||Group take home assignment||15|
|Coursework #3||Week#12||ACL||n/a||Group take home assignment||15|
|Final Exam||To be Announced||TBA||2 hours||80 mcqs||60|
TBA - To be announced
Further details on all the above assessments will be provided throughout the semester and all are subject to change.
a) Required :
1. Internal Auditing - Standards and Practices, A One-Semester Course, by Dale L. Flesher, published by the Institute of Internal Auditors (IIA), United States of America. (Latest Edition)
2. ACL Materials, obtained through Symptai Consulting Limited, 56 Half Way Tree Road, Kingston 10, Jamaica.
b) The course web page: http://www.rohanchambers.com/Courses/Auditing/Internal/index.htm serves as a repository of materials for the course. You may also access this web page by doing the following: Go to www.rohanchambers.com , select Courses from the left and then select Internal Auditing.c) The following web page http://www.rohanchambers.com/Courses/Auditing/Auditing's articles and related links bottom frame.htm has a number of auditing articles, some of which are already bolted to corresponding topics above.
updated: Saturday, February 14, 2004