STEI/ST/KPS/04.

02/ACC 4302

COURSE DESIGN

AUDITING II

ISLAMIC ACCOUNTING DEPARTMENT

SEKOLAH TINGGI EKONOMI ISLAM TAZKIA

ACADEMIC YEAR: 2022/2023

A. Identitas B. Course Description

1. Personal Identity
a.Subject Advisor : Dania Amani Yapono This Auditing II course is designed to broaden the auditing concepts,
b.Office Address : Sekolah Tinggi Ekonomi Islam TAZKIA standards and techniques along with some application forms of a
Jl. Ir. H. Djuanda No. 78, Sentul City, Bogor company. This course will explain some matters related to auditing such
c.Phone number : 021-87962291-93 as assurance services, internal and governmental auditing.
d.Consultation Hr : By Appointment

2. Subject C. Standard Competencies

Subject Code : ACC 4302
Scale/Weight : 3 Credit Hours On completing this course, you should be able to:
Semester : First Semester - Apply the auditing of transaction cycles
Pre-requisite : Auditing I - Completing the audit
3. Main References : - Prepare the auditor’s standard report
th
1. Boynton, Johnson, Kell. 2001. Modern Auditing 7 edition. John Wiley and - Explain other services that offered by CPAs

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Son,Inc: New York (B)

2. Ikatan Akuntan Indonesia. 2006. SPAP. Salemba Empat: Jakarta. (I)
3. AAOIFI. 2002. Accounting, Auditing and Governance standards for Islamic
Financial Institutions. Manama Bahrain. (A)
4. Harahap,Sofyan Syafri. Auditing Dalam Perspektif Islam.PustakaQuantum.
(S)

D. Learning Process

Basic Competency Strategy,

Modes of Reference
Week Materials Sub Materials Indicators method, Evaluation
No Assignment s
media

Students should  Auditing 1. Nature of the Students are able to: Lecturing, Individual  Problem B 14,
understand : Process revenue cycle class solving AAOIFI,
1. Apply the auditing to the
Review 2. Control activities- discussion, assignment SPAP
 What the credit sales
revenue cycle
pesentation,
 Auditing 2. Describe the nature of the  Quiz
revenue cycle is transactions case study
Revenue revenue cycle and the
and why study 3. Control activities-
Cycle transaction classes and
Auditing Revenue cash receipt
Cycle accounts involved
transactions
 The nature of the 3. Identify transactions class
4. Control activities-
revenue cycle and account balance audit
1 I sales adjustment
and the objectives for the
transactions
transaction revenue cycle.
5. Substantive tests
classes and of account
accounts involved receivable
 Transactions 6. Value-added
class and account services
balance audit
objectives for
the revenue
cycle.

2 II Students should Auditing 1. Nature of the Students are able to: Lecturing, Individual,  Problem B 15,
understand : Expenditu expenditure cycle class Team solving AAOIFI,
1. Apply the auditing to the
re Cycle 2. Control activities- discussion, assignment SPAP
 What the purchase
expenditure cycle
pesentation,
2. Describe the nature of the  Presentatio
expenditure transactions case study
expenditure cycle and the n and
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cycle is and why 3. Control activities- transaction classes and discussion.

study Auditing cash disbursement accounts involved
Expenditure transactions 3. Identify transactions class
Cycle 4. Substantive tests and account balance audit
 The nature of the of a 8n ccount objectives for the
expenditure payable balances expenditure cycle.
cycle and the 5. Value-added
transaction services
classes and
accounts involved
 Transactions
class and account
balance audit
objectives for
the expenditure
cycle.

Students should Auditing 1. Planning the audit Students are able to: Lecturing, Individual,  Problem B 16,
understand : Productio of the production class Team solving AAOIFI,
1. Apply the auditing to the
n Cycle cycle discussion, assignment SPAP
 What the 2. Control activities-
Production cycle
pesentation,
2. Describe the nature of the  Presentatio
Production cycle manufacturing case study
Production cycle and n and
is and why study transactions
identify the transaction discussion
Auditing 3. Substantive tests
Production Cycle classes and accounts
of inventory
 The nature of the involved
balances
Production cycle 3. Identify transactions class
3 III 4. Value-added
and the and account balance audit
services in the
transaction objectives for the
production cycle
classes and Production cycle
accounts involved
 Transactions
class and account
balance audit
objectives for
the Production
cycle.

Students should Auditing 1. Planning the audit Students are able to: Lecturing, Individual,  Problem B 16,
4 IV understand : Personnel of the personnel class Team solving AAOIFI,
1. Apply the auditing to the
Service services cycle discussion, assignment SPAP
 What the Personnel Service cycle
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Personnel Service Cycle 2. Control activities- 2. Describe the nature of the pesentation,  Presentatio
cycle is and why payroll Personnel Service cycle case study n and
study Auditing transactions and identify the discussion
Personnel Service 3. Substantive tests transaction classes and
Cycle of payroll accounts involved
 The nature of the balances 3. Identify transactions class
Personnel Service 4. Value-added and account balance audit
cycle and the services in the objectives for the
transaction personnel services Personnel Service cycle
classes and cycle
accounts involved
 Transactions
class and account
balance audit
objectives for
the Personnel
Service cycle.

Students should Auditing 1. Nature of the Students are able to: Lecturing, Individual,  Problem B 17,
understand : Investing investing cycle class Team solving AAOIFI,
1. Apply the auditing to the
Cycle 2. The investing discussion, assignment SPAP
 What the cycle
Investing cycle
pesentation,
2. Describe the nature of the  Presentatio
Investing Cycle is 3. Substantive tests case study
Investing cycle n and
and why study of plant asset
3. Identify transactions class discussion
Auditing Investing balances
Cycle and account balance audit
4. Value-added
5 V  The nature of the objectives for the
services in the
Investing Cycle Investing cycle
investing cycle
 Transactions
class and account
balance audit
objectives for
the audit of fixed
assets in the
investing cycle.

6 VI Students should Auditing 1. Nature of the Students are able to: Lecturing, Individual,  Problem B 17,
understand : Financing financing cycle class Team solving AAOIFI,
1. Apply the auditing to the
Cycle 2. The financing discussion, assignment SPAP
 What the cycle
Financing cycle
pesentation,
2. Describe the nature of the  Presentatio
Financing Cycle is 3. Substantive tests case study
Financing cycle n and
and why study
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Auditing of long-term debt 3. Identify transactions class discussion

Financing Cycle balances and account balance audit
 The nature of the 4. Substantive tests objectives for the
Financing Cycle of stockholders’ Financing cycle
 Transactions equity balances
class and account 5. Value-added
balance audit services in the
objectives for financing cycle
the audit of fixed
assets in the
Financing cycle.

Students should Auditing 1. Investments Students are able to: Lecturing, Individual,  Problem B 18,
understand : Investmen 2. Substantive tests class Team solving AAOIFI,
1. Describe the
t Balance of investments discussion, assignment SPAP
 The nature of an 3. Value-added
nature of an entity’s
pesentation,
short- and long-term  Presentatio
entity’s short- services related to case study
investments in securities n and
and long-term marketable
issued by other entities discussion
investments in securities and
7 VII securities issued 2. State the major
cash balances
by other entities audit objectives for the
 The major audit audit of short- and long-
objectives for the term investments.
audit of short-
and long- term
investments.

8 VIII Mid Term Exam

9 IX Students should Auditing 1. Cash balances Students are able to: Lecturing, Individual,  Problem B 18,
understand : Cash 2. Substantive class Team solving AAOIFI,
1. Indicate
Balance tests of cash discussion, assignment SPAP
 The relationship of the balances
the relationship of the
pesentation,
transaction cycles to cash  Presentatio
transaction cycles to 3. Other case study
balances n and
cash balances considerations
2. State discussion
 The account balance 4. Value-added
audit objectives for the account balance
services
cash balances audit objectives for cash
related to cash
 Important audit balances
balances
planning considerations 3. Explain
that relate directly to important audit planning

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the audit of cash considerations that

balances. relate directly to the
audit of cash balances

Students should Completin 1. Completin Students are able to: Lecturing, Team,  Presentatio B 19,
understand : g The g the fieldwork class Individual n and AAOIFI,
1. Describe the
Audit discussion, discussion SPAP
 The auditor’s 2. Evaluating auditor’s responsibilities
pesentation,
the findings in completing the audit  Quiz
responsibilities in case study
10 X completing the audit 2. Enumerate
3. Communic
 The procedures in the procedures in
ation with
completing the completing the fieldwork
client
fieldwork 3. State the
 The auditor’s post auditor’s post audit
audit responsibilities. responsibilities

Students should Reporting 1. Standards of Students are able to: Lecturing, Team,  Presentatio B 20,
understand : On reporting class Individual n and AAOIFI,
1. Explain each
Audited discussion, discussion SPAP
 Each of the four Financial
2. The auditor’s of the four reporting
pesentation,
report standards  Quiz
reporting standards Statement case study
 How the auditor’s 2. Prepare the
s 3. Effects of
standard report is auditor’s standard report
circumstances
11 XI  The effects of various 3. Describe the
causing
circumstances on the effects of various
departures
form and content of circumstances on the
from the
the auditor’s report. form and content of the
standard report
auditor’s report
4. Other
reporting
considerations

12 XII Students should Other 1. Overview of Students are able to: Lecturing, Team,  Presentatio B 21,
understand : Services levels of class Individual n and AAOIFI,
1. Describe the spectrum of
and assurance and discussion, discussion SPAP
 The spectrum of Reports other services
services that are offered
pesentation,
by CPAs  Quiz
services that are 2. Other SAS case study
offered by cpas 2. Identify the “special
engagements
 The “special reports” reports” that may be
3. Accepting and
that may be issued by issued by CPAs
performing
cpas 3. Describe the effects on
attest
 The effects on the the auditor’s report when
engagements
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auditor’s report when 4. Accounting financial statements are

financial statements and review prepared on a
are prepared on a services comprehensive basis
comprehensive basis 5. Other other than GAAP
other than GAAP. consideration

Students should Conventio 1. Assurance Students are able to: Lecturing, Team,  Prese B 22,
understand : nal and services class Individual ntation and AAOIFI,
1. Define assurance services
Sharia 2. Example of discussion, discussion SPAP
 Assurance services Assurance assurance
2. Explain the impact of
pesentation,
information technology  Quiz
 The impact of Services service case study
13 XIII information technology on assurance services
engagements
on assurance services 3. Describe the competitive
 The competitive environment for
environment for assurance services
assurance services.

Students should Internal, 1. Internal Students are able to: Lecturing, Team Presentation B 23,
understand : Operation auditing class and AAOIFI,
1. Define internal auditing
al, and 2. Operational discussion, discussion SPAP
 Internal auditing and Governme auditing
and describe its
pesentation,
its objectives and objectives and scopes
ntal 3. Governmental case study
scopes 2. Define operational
Auditing auditing
 Operational auditing auditing and describe the
4. The single
and the phases of an phases of an operational
audit act
operational audit audit
XIV-  The standards that 3. Identify the standards
14
XV independent public that independent public
accountants should accountants should
follow in performing follow in performing
operational audit operational audit
 The types of 4. Explain the types of
government audits government audits
identified in identified in government
government auditing auditing standards
standards.

15 XVI Final Exam

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