Study Guide

Objective

Students:
-understand the purpose and content of auditing.
-are familiar with regulations regarding auditing and auditor qualifications.
-can perform minor audits, including related reporting.
-can conduct operational reviews, including related reporting.
-have the ability to work in an audit team.

Content

-audit authority
-the auditing process
-auditing documentation
-the audit process in associations
-audit risk
- sustainability auditing

Qualifications

Accounting and Taxation

Assessment criteria, satisfactory (1)

The student:
-has a basic understanding of the purpose and content of auditing.
-is familiar with the regulations regarding auditing and auditor qualifications.
-can perform a small audit with significant help and guidance.
-has a basic ability to conduct a simple operational review.
-can collaborate in an audit team, but primarily contributes to simpler tasks and often requires support from other team members.

Assessment criteria, good (3)

The student:
-has a good understanding of the purpose and content of auditing and can correctly explain and apply relevant concepts.
-has good knowledge of regulations and can apply them in practical situations, including understanding the auditor's responsibilities and qualification requirements.
-can independently perform a small audit and prepare correct and complete reporting in accordance with good auditing standards.
-has good ability to conduct operational reviews and produce relevant reports that accurately reflect the review results.
-can work effectively in an audit team and actively contribute to the auditing process.

Assessment criteria, excellent (5)

The student:
-has a deep understanding of the purpose and content of auditing and can apply it in audit assignments.
-has an extensive understanding of regulations and can apply them as well as critically analyze the auditing process.
-can perform audits with great precision and create reports that provide valuable information to decision-makers.
-can conduct operational reviews at a high level, analyzing and producing reports with clear, strategic recommendations based on the review results.
-has the ability to work effectively in an audit team and helps drive the entire auditing process forward.