Vietnam National University – HCMC

International University
SCHOOL OF BUSINESS ADMINISTRATION

COURSE SYLLABUS1

BA057IU
AUDITING

Note: The outline with specific venue and time, and updated learning
materials for the current semester will be provided to the enrolled students
by the lecturer
BA057IU VNU – International University
Auditing School of Business Administration

1. COURSE STAFF

Lecturer: Ms. Le Phuong Thao, MBA

Room: O1.307
E-mail: lpthao@hcmiu.edu.vn
Consultation Hours: 1.00 – 3.00 Tuesday

Teaching Assistant: TBA

Should the students wish to meet the staff outside the consultation hours, they are advised
to make appointment in advance.

2. COURSE INFORMATION
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22.1 Teaching times and Locations
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Lecture: WED, 8.15 – 10.45 am
Venue: L204

Lecture: WED, 1.15PM –3.45PM

Venue: A2.512

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22.2 Units of Credit
3
This course is worth 3 credits.

2.3 Parallel teaching in the course

There is no parallel teaching involved in this course.

2.4 Relationship of this course to others

BAIU– Auditing focuses on conceptual, theoretical and practical aspects of auditing

financial statements. It builds on, and extends the materials taught in the foundation
established in accounting courses. Consequently, students are required to complete the
course Financial Accounting – BA301AF and Managerial Accounting – BA010IU to
enroll this class.

2.5 Approach to learning and teaching

Employing the interactive learning and lecture-based teaching approach, this course
emphasizes the interaction between lecturers and students. The lecture materials will be
uploaded in Blackboard to help the students to preview the materials and to concentrate

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BA057IU VNU – International University
Auditing School of Business Administration

on listening and critical thinking during the lecture. This will help students to interact
with the lecturer during the classroom. The sessions for presentations and discussions
comprise company case studies as well as answering some theoretical and conceptual
questions, which help the students to see how the concepts are applied in the real business
context. Students will present the case to the class and discuss with the peers.

3. COURSE AIMS AND OUTCOMES

3.1 Course Aims

This course provides a foundation in assurance, attestation, and auditing fundamentals for
future auditing, financial, managerial, systems and tax professionals. The emphasis of
this course is on conceptual, theoretical and practical aspects of auditing financial
statements.

3.2 Student Learning Outcomes

Upon completion of this course, students will be able to apply professional auditing
standards and appropriate audit and other procedures to auditing, assurance and
attestation engagements. This will be demonstrated through:
 appropriate risk assessments of financial statement assertions;
 thoughtful analysis of financial and non-financial data;
 evaluations of internal controls;
 design of audit programs for financial statement audits, and
 identification of some of the conditions that lead to frauds.

3.3 Teaching Strategies

The learning system in this course consists of lectures and scheduled

presentations/discussions. Lectures elaborate the appropriate theoretical content in the
textbook and readings. Classes provide a more detailed and refined analysis of both
concepts and applied materials. Classes are strongly oriented towards interactive
discussion of the text and cases. In order to gain the most from the lectures and class
activities, the assigned text/reading should be read before the lecture to participate in the
discussions.

4. STUDENT RESPONSIBILITIES AND CONDUCT

4.1 Workload

It is expected that the students will spend at least six hours per week studying this course.
This time should be made up of reading, research, working on exercises and problems,

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BA057IU VNU – International University
Auditing School of Business Administration

and attending classes. In periods where they need to complete assignments or prepare for
examinations, the workload may be greater.

Over-commitment has been a cause of failure for many students. They should take the
required workload into account when planning how to balance study with part-time jobs
and other activities.

4.2 Attendance

Regular and punctual attendance at lectures and seminars is expected in this course.
University regulations indicate that if students attend less than eighty per cent of
scheduled classes they may be refused final assessment. Exemptions may only be made
on medical grounds.

4.3 General Conduct and Behavior

The students are expected to conduct themselves with consideration and respect for the
needs of the fellow students and teaching staff. Conduct which unduly disrupts or
interferes with a class, such as ringing or talking on mobile phones, is not acceptable and
students will be asked to leave the class. More information on student conduct is
available at the university webpage.

4.4 Keeping informed

The students should take note of all announcements made in lectures or on the course’s
Blackboard. From time to time, the university will send important announcements to
their university e-mail addresses without providing a paper copy. The students will be
deemed to have received this information.

5. LEARNING ASSESSMENT

5.1 Formal Requirements

In order to pass this course, the students must:
 achieve a composite mark of at least 50; and
 make a satisfactory attempt at all assessment tasks (see below).

5.2 Assessment Details

Mid-Term Exam 30%

Quiz 1+2 20%
Attendance & Group Assignments 10%
Final Exam 40%
Total 100%

5.3 Group Homework & Assignment

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BA057IU VNU – International University
Auditing School of Business Administration

The students are required to submit end of chapter Earth Wear assignments in groups of
5 or 6.

All assignments are submitted on a group basis, not individually. This simulates the real-
life scenario of audit teams; all members are expected to work together. These
assignments follow the sequences of a financial statement audit—the chapters in the
textbook also introduce concepts and topics similar to the audit sequence. Grading for
assignments and case study is on a team basis, based on the assignments and reports
submitted throughout the course term.

Due Date:
End of chapter Earth Wear assignments are due on the following class date after the
chapters are covered in class.

 Late work will be penalized at the rate of 25 percentage points per week day.
 Students must keep copies of all work submitted.

5.4 Class participation and Presentation

A minimum attendance of 80 percent is compulsory. Students will be assessed on the
basis of:
1a) Presentation of case
2b) Class attendance and participation
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5.5 Special Consideration

Any issues regarding the administration of, timetabling of and non attendance at final
examinations need to be directed to the Office of Academic Affair. These issues are not
the responsibility of the individual lecturer.

Request for special consideration (for final examination only) must be made to the
Office of Academic Affairs within one week after the examination. General policy and
information on special consideration can be found at the Office of Academic Affairs. \

6. ACADEMIC HONESTY AND PLAGIARISM

Plagiarism is the presentation of the thoughts or work of another as one’s own (definition
proposed by the University of Newcastle). Students are also reminded that careful time
management is an important part of study and one of the identified causes of plagiarism
is poor time management. Students should allow sufficient time for research, drafting,
and the proper referencing of sources in preparing all assessment items. The university
regards plagiarism as a form of academic misconduct, and has very strict rules regarding
plagiarism.1

1
This is adapted with kind permission from the University of New South Wales.

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7. STUDENT RESOURCES

7.1 Course Resources

Please note that it is very important to gain familiarity with the subject matter in the
readings and cases prior to attendance in classes.

Textbook:
Auditing and Assurance Services: A Systematic Approach, 9/e, William F. Messier, Jr.,
Steven M. Glover, and Douglas F. Prawitt, McGraw-Hill, 2013 (ISNB: 9781259162343).

The author’s website (http://highered.mcgraw-hill.com/sites/0073527084/student_view0/

) will provide up-to-date information as well as other learning resources. Included on this
site are outlines of the chapters, PowerPoint presentations for each session, quizzes, which
may assist in your study. The EarthWear Mini-Cases audit case study used in this course is
included on this website.

Additional materials provided in Blackboard

The lecturer will attempt to make lecture notes and additional reading available on
Blackboard. However this is not an automatic entitlement for students doing this subject.
Note that this is not a distance learning course, and you are expected to attend lectures and
take notes. This way, you will get the additional benefit of class interaction and
demonstration.

Recommended Internet sites

https://www.cpaaustralia.com.au/
http://www.accaglobal.com/vn/en.html
http://vacpa.org.vn/
http://hoiketoankiemtoan.vn/

Recommended Journals
Harvard Business Review
International Business Review

7.2 Other Resources, Support and Information

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2Additional learning assistance is available for students in this course and will be made
available in Blackboard. Academic journal articles are available through connections via
the VNU - Central Library. Recommended articles will be duly informed to the students.
8. COURSE SCHEDULE

Week Topic Learning

materials
Introduction To Assurance And Financial Statement Auditing Chapter 1&2
1
Form the groups
for group
assignment

Basic auditing concepts: Risk assessment, Materiality, and Evidence Chapter 3&4
2
ONLINE CLASS
Audit Planning and Types of Audit Tests Chapter 5
3
Revision - QUIZ 1
4
Understanding and Auditing Internal Control Chapter 6&7
5
ONLINE CLASS
Statistical and No statistical Sampling Tools for Auditing Chapter 8&9
6
Revision for Midterm
7-8 Midterm Exam
Auditing the Financing/Investing Process: Chapter 16
9
Cash and Investments
Auditing the Financing/Investing Process: Chapter 14
10
Prepaid Expenses, Intangible Assets, and Property, Plant, and
Equipment
ONLINE CLASS
Auditing the Purchasing Process Chapter 10
11
Auditing the Revenue Process Chapter 11
12

13 Revision – QUIZ 2
Auditing the Inventory Management Process Chapter 13
14

15 Completing The Audit and Reporting Responsibilities Chapter 17 & 18

16 Revision for Final Exam

FINAL EXAM
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The syllabus is prepared following the format provided by the School of Organisation and Management, University of
New South Wales, with kind permission.