Auditing II and III: Advanced Topics in Auditing

Introduction

The purpose of external financial auditing is to attest in the auditor’s report that the financial statements have been prepared according to relevant legislation, rules and standards. This task is supplemented by related tasks with an independent purpose or that are included in the basis for financial auditing.

Course content

Auditing II

• Data protection
• Databases, excerpts, extractions, control systems and electronic signatures
• Data exchange between accounting systems
• Operational auditing and quality auditing
• Internal audit
• IT auditing, IT-risks and –controls
• Standards and models for IT-audits: good IT practice, ISACA and ITIL
• IT and statutory financial auditing

Auditing III

• Errors and Irregularities, RS 240 and related standards
• Financial crime, corruption, misappropriation of funds, tax evasion
• Money laundering
• Environmental auditing
• Criminal procedure
• Sarbanes-Oxley legislation
• Other certification tasks than financial audit
• Auditing of the public sector
• The auditor’s external conditions
• The audit report