Audit, Sustainability Assurance and Internal controlLaajuus (5 cr)

Objective

The student recognises the specific features of the accounting of limited liability companies, housing companies and associations from the auditing point of view. The student will know the importance of internal control and risk management in a company and will have an overall view of the control environment of a company. The student will be able to apply audit regulation and good auditing practice. The student will be familiar with the procedures for assurance on sustainability reporting.

Content

- Special features of the accounting of limited liability companies, housing companies and associations
- Internal control and risk management
- Audit regulation and good audit practice
- Specific features of sustainability reporting assurance

Qualifications

Accounting and Corporate Taxation 5 cr or equivalent knowledge and Sustainability Reporting and Performance Measurement 5 credits or equivalent

Assessment criteria, satisfactory (1)

The student has achieved the course objectives fairly. The student will be able to identify, define and use the course subject area’s concepts and models. The student understands the criteria and principles of the expertise development.

Assessment criteria, good (3)

The student has achieved the course objectives well, even though the knowledge and skills need improvement on some areas. The student is able to define the course concepts and models and are able to justify the analysis. The student is able to apply his/her knowledge in leisure, study and work situations. The student understands the importance of expertise in the field of business and is able to analyze his/her own expertise.

Assessment criteria, excellent (5)

The student has achieved the objectives of the course with excellent marks. The student masters commendably the course subject area’s concepts and models. The student is able to make justified and fluent analysis and to present concrete development measures. The student is well prepared to apply his/her knowledge in leisure, study and work situations. The student is able to analyze the business sector expertise and the development of his/her own expertise.

Assessment criteria, approved/failed

The student has achieved the course objectives fairly. The student will be able to identify, define and use the course subject area’s concepts and models. The student understands the criteria and principles of the expertise development.