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MAN-30039 - Module Specification
Keele Business School
Faculty of Humanities and Social Sciences

For academic year: 2022/23 Last Updated: 19 January 2023

MAN-30039 - The Audit Framework
Coordinator: Shirley Geyi Xu Tel: +44 1782 7 33254
Lecture Time: See Timetable...
Level: Level 6
Credits: 15
Study Hours: 150
School Office: 01782 733094

Programme/Approved Electives for 2022/23

None

Available as a Free Standing Elective

Yes

Co-requisites

None

Prerequisites

MAN10015

Barred Combinations

N/A

Description for 2022/23

This module draws upon knowledge, understanding and capabilities derived from study of previous business law, financial accounting and reporting modules in the accounting programmes. It develops knowledge and understanding of the roles of the external and internal auditor, the regulatory framework and the theory and practice of external and internal audit. Key techniques in conducting a financial audit will be introduced.
By the end of the module, students should appreciate the need for, and nature of, the audit process. They will also have developed a critical awareness of the roles of auditors within organisations and society.

Aims
This module will provide students with the necessary knowledge of regulatory reforms, audit procedures and the ability to undertake a financial report audit in accordance with current standards. Students will develop knowledge and understanding of the key concepts of audit and assurance, regulatory framework and professional ethics, and technical processes involved in conducting a financial audit including planning, risk assessment, testing, reviewing and reporting.

Talis Aspire Reading List
Any reading lists will be provided by the start of the course.
http://lists.lib.keele.ac.uk/modules/man-30039/lists

Intended Learning Outcomes

1,2
1,2
1,2
2
2
2
1,2

Study hours

Lecture 11 hours
Tutorials 11 hours
Lecture and tutorial preparation 26 hours
Assignment and examination preparation 60 hours
Private study 40 hours
Exam 2 hours

School Rules

None

Description of Module Assessment

1: Class Test weighted 30%
Computer-based test
1 hour computer based test for multiple choice questions.

2: Unseen Exam weighted 70%
2-HOUR unseen exam
Examination (Exam): An opportunity for students to apply their knowledge and/or understanding under invigilated conditions (typically 2 hours). All examinations should take place on campus. Examination will be scheduled centrally by Student Records and Exams.

Please note that for the 2022/23 Academic Year programmes may be adapted to operate in accordance with a flexible, digital approach. This means that there may be some changes made to how modules are delivered and assessed. The latest information will be provided to you by your School in module handbooks. We endeavour to give you as much notice as possible of any changes and details about the circumstance in which changes are made to programmes can be found in the Student Agreement, available at: https://www.keele.ac.uk/student-terms-and-conditions/

Last Updated: 19 January 2023