Audit

In "Audit" course students will learn the following concepts: theory and practice of audit of published financial statements of enterprises, auditing principles and standards, assessing internal control, proof and evidence. Worksheets, sample check, auditing and PCs, inspection of data, inspection reports and their legal framework.

Objectives

One of the main objectives of the course of "Audit" is to teach students the concept and the control procedures of business' financial statements according to Ministerial Decision 643/5 of 1979 and Presidential Decree 226 of 1992 (external audit).

Prerequisites

Specialization Course

Syllabus

The course consists of the following sections: -Introduction to Audit -Services offered by Chartered Accountants -History & the Organization of the audit profession in Greece -Corporate Governance - Expectations Gap - Auditor's responsibility -Decision Making / Code of Conduct -Purpose of the Audit and Auditing Items -Taking charge & Audit planning -Analytical Procedures -Internal Control System -Testing internal safety measures -Test for Bugs -Introduction to Unit Selection and Sampling -Audit Reports