Auditing and ISALaajuus (5 ECTS)

Objective

On completion of the course the student has familiarized her/himself with the functions of an auditor as well as the Finnish auditing institution. S/he understands the significance of auditing in financial and business management.
The student’s competence has increased particularly in solving special issues when auditing limited liability companies.

Content

- The legal basis of auditing and the renewal of audit law
- Planning and organization of auditing
- Implementing auditing
- Auditing reports
- Special issues of financial statements and auditing in limited liability companies.

Assessment criteria, satisfactory (1)

Sufficient performance: the student has completed basic requirements to pass the course and has demonstrated some ability to apply knowledge in the learning assignments related to working life. His/her analytical skills and/or the development approach need major improvement.

Assessment criteria, good (3)

Good overall performance by the student in course work. The student has been an active learner as an individual and in teams. S/he has demonstrated how to apply knowledge in the learning assignments related to analysing and developing working life.

Assessment criteria, excellent (5)

The student has shown excellent performance in all elements of the course. S/he has shown motivation and interest in individual and team learning as well as in sharing one’s expertise. The student has demonstrated well and creatively how to apply knowledge in the learning assignments related to analysing and developing working life.

Assessment criteria, approved/failed

Sufficient performance: the student has completed basic requirements to pass the course and has demonstrated some ability to apply knowledge in the learning assignments related to working life. His/her analytical skills and/or the development approach need major improvement.