AUD PRAC 2 Time

Time Frame AUDIT OF SPECIALIZED INDUSTRIES

Frame
Substantive Tests of Cash Week 1-3 Introduction to Audit of Specialized Industries Week 1
Audit of Financing and Investing Cycle: TOC and STT Week 4 Banking Industry Week 2&3
Substantive Tests of Investments Week 5-6 Audit of Financial Statements of Banks Week 4-6
Substantive Tests of PPE Week 7-8 Insurance Industry Week 7 
  Substantive Tests of Intangible Assets Week 9-10   Audit of Financial Statements of Insurance
Week 8-10
Companies
  Substantive Tests of Prepaid Exp and Deferred Charges
Week 11-12
 Mining Industry
Week 11
Substantive Tests of Provisions, Accrued and Other
Week 13-14
Liabilities Week 12-
 Audit of Financial Statements of Mining Companies
14
Substantive Tests of Owner’s Equity Accounts Week 15-16
Oil and Gas Industry Week 15
Substantive Tests of Accounts in SCI Week 17-18
Audit of Financial Statements of Oil and Gas Week 16-
Companies 18
 A. Introduction to International Businesses
OPERATIONS AUDITING
B. Globalization
C. Approaches to International Businesses
Approaches to operational auditing
Week 1 & 2
Business processes II. National Differences
A. Political, Economic and legal Systems
Developing operational review programmes B. Differences in Culture
For managerial and audit use C. Ethics in International Business
Week 3 & 4
Governance processes
Risk management processes III. The Global Trade and Investment
Environment
Internal control processes A. International Trade Theory
Review of the control environment B. International Trade Policies
Week 5 & 6
Reviewing internal control over financial reporting—the C. Foreign Direct Investment
sarbanes-oxley approach D. Regional Economic Integration
Business/management techniques and their
Impact on control and audit Week 7,8 & IV. The Global Monetary System
Control self assessment 9 A. Foreign Exchange Market
Evaluating the internal audit activity B. The International Monetary System
 Auditing the finance and accounting functions C. The Global Capital Market
Auditing subsidiaries, remote operating units and joint Week 10 &
venture 11 V. Strategy and Structure of International
Auditing contracts and the purchasing function Business
A. Strategy of International Businesses
Auditing operations and resource B. Organization of International Businesses
Management C. Entry Strategies and Strategic Alliances
Week 12 -13
Auditing marketing and sales
Auditing distribution VI. International Business Functions
Auditing human resources A. Import, Export and Countertrade
Week 14 & B. Global Production and Supply-chain
Auditing research and development
15 Management
Provisions, contingent liabilities, & contingent assets
C. Global Marketing and R&D
Auditing security Week 16 &
D. Global Human Resource Management
Auditing environmental responsibility 17
Review of the whole course Week 18

I. Concept of International Business and

Trade
Fundamentals  of Organizational Behavior
Introduction of OB
Importance of Organizational Behavior
Goals of OB
Describe the Nature of People and Organization
Key Factors Affecting OB
            Basic Approaches of OB

Fundamental Concepts
Biological characteristics
The Individual
Values, Attitudes, and Job Satisfaction
      Values
      Attitudes
      Job Satisfaction
Personality and Emotions
      Personality
            Emotions
Basic Motivation Concept
Foundations of Group Behavior
Teams and Team Building
Communication
Leadership and Trust
Power and politics
Managing Change, Stress and Counseling
Conflict and Negotiation
I. General Orientation
II. Library Orientation
III. An Introduction to Business
Research/Hospitality and Tourism Research
IV. Review of Basic Research Concepts
V. Literature Review
VI. The Research Problem
VII. Problem Conceptualization
VIII. Writing the Research Proposal
IX. Research Defense