FINANCIAL AUDITING 2

Homework and In-class work

Assigned In-class work

Topics
Lecture No. Chapters Homework (Individual)
(Group work)
Week #1 Ch.14 - Introduction to the
Course
- Revision of Financial
Auditing Part 1
- Audit of the Sales and
Collection Cycle: Tests
of Controls and
Substantive Test
Transactions
Week #2 Ch.14 - Audit of the Sales and Questions 14-1, Questions 14-19,
(cont.) Collection Cycle: Tests 14-2, 14-6, 14-9, 14-20, 14-21, 14-
of Controls and 14-24, 14-30, 14- 22, 14-23, 14-25,
Substantive Test 31, 14-34 14-26, 14-29
Transactions
Week #3 Ch.16 - Completing the Tests in Questions 16-4, Questions 16-19,
the Sales and Collection 16-15, 16-25, 16- 16-20, 16-21, 16-
Cycle: Accounts 26, 16-32, 16-36 22, 16-27, 16-29
Receivable
Week #4 Ch.15 Audit Sampling for Tests Questions 15-1, Questions 15-22,
of Controls and 15-9, 15-27, 15- 15-23, 15-24, 15-
Substantive Tests of 32, 15-33 25
Transactions
Week #5 Ch.17 Audit Sampling for Tests Questions 17-6, Questions 17-19,
of Details of balances 17-23, 17-25 17-20, 17-21, 17-
22,
Week #6 Ch.18 Audit of the Acquisition Questions 18-3, Questions 18-16,
and Payment Cycle: Test 18-4, 18-9, 18-14, 18-17, 18-18, 18-
of Controls and 18-26, 18-29 19, 18-20, 18-24
Substantive Tests of
Transaction and
Accounts Payable
Week #7 Ch.19 Completing the Tests in Questions 19-2, Questions 19-15,
the Acquisition and 19-14, 19-20, 19- 19-16, 19-17, 19-
22
Payment Cycle: 18, 19-21
Verification of Selected
Accounts
Week #8 Ch. 20 - Audit of the Payroll and Questions 20-2, Questions 20-16,
Personnel Cycle 20-8, 20-11, 20- 20-17, 20-18, 20-
14, 20-21, 20-23, 19, 20-20, 20-22,
20-25

Week #9 - Midterm Exam

 Assigned In-class work
Topics
Lecture No. Chapters Homework (Individual)
(Group work)
(Chapters 14 - 20)
Week #10 Ch.21 - Audit of the Inventory Questions 21-4, Questions 21-13,
and Warehousing Cycle 21-7, 21-9, 21-19, 21-14, 21-15, 21-
21-22, 21-25 17, 21-20

Week #11 Ch. 22 Audit of Capital and Questions 22-3, Questions 22-16,
repayment cycle 22-6, 22-9, 22-17, 22-18, 22-
19, 22-26, 22-28
Week #12 Ch. 23 Audit of Cash and Questions 23-7, Questions 23-14,
financial investments 23-11, 23-12, 23- 23-15, 23-16, 23-
24 17, 23-18, 23-19

Week #13 Revision

Final Exam