About this course
OVERALL AIM
To enable the learner understand procedures involved in
planning and executing audit assignments as well as developing insights into
professional values, ethics and attitudes.
LEARNING OUTCOMES
On completion of this course, the learner should be able to:-
1.
Define auditing
2.
Explain the need for and the nature of auditing
3.
Describe the legal, regulatory and ethical
environment within which audits are performed in Uganda
4.
Explain the principles and procedures of auditing
5.
Explain how audit work is documented to provide
sufficient appropriate audit evidence 6. Explain the design and testing of
internal controls
7.
Describe risks of auditing in an information
technology environment and the use of computer-assisted audit techniques
8.
Explain the role of internal auditing
9.
Describe the performance of internal audit tasks
10.
Explain ethics in business and society
11.
Demonstrate an understanding of public interests
and fundamental ethical principles
12.
Demonstrate an understanding of ethical standards
of an accountant
13.
Discuss ethical issues that an accountant needs to
be mindful of
14.
Explain
corporate governance issues
15.
Evaluate the relationship between ethics and
corporate governance
16.
Apply professional ethics, values and attitudes to
work assignments
17.
Identifying business opportunities and developing
them into viable businesses
18.
Explain the challenges facing entrepreneurs and
how to overcome them
LEVEL OF ASSESSMENT
The examination will be focused mainly on knowledge,
application and analysis of the principles acquired in auditing and professional
ethics and values.
EXAMINATIONS STRUCTURE
There will be a three hour examination made up sections A B
and C. Section A will comprise of one compulsory question of 30 marks. Section
B will comprise of four questions of 20 marks each of which the candidate will
be required to attempt any three. Section C will comprise of two questions of
10 marks each, of which the candidate will be required to attempt one.