FUNDAMENTALS OF AUDITING provides students with an understanding of the nature, purpose, scope and issues related to audit field. Students will learn about the professional auditing practices and know the regulatory standards used in audit profession in Malaysia. Students will also be exposed to the functions of audit as needed by corporate governance to protect the interests of stakeholders. Students will be exposed to the auditing process which includes audit planning, audit objectives and general principles, audit documentation, audit evidence, materiality and audit risk.


AUDITING AND ASSURANCE offers skills on auditing and assurance from economic, informational, and regulatory perspectives. A primary objective of the course is to introduce and develop a broad theoretical understanding of fundamental auditing concepts (including such concepts as assertions, audit risks, materiality, risk assessment, client acceptance, planning, internal control, evidence, reporting, audit quality, etc.). In this course, stages of a financial statement audit (for public and private companies) are explored and other assurance services are referred to.