Auditing (MAN413) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Auditing MAN413 3 0 0 3 5
Pre-requisite Course(s)
Course Language English
Course Type N/A
Course Level Bachelor’s Degree (First Cycle)
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Discussion, Question and Answer, Observation Case Study.
Course Coordinator
Course Lecturer(s)
  • Prof. Dr. Ali Rıza Zafer Sayar
Course Assistants
Course Objectives This course is designed to enable the students to understand the nature and objectives of audit in general as well as audit procedures and techniques practiced today. It would also help the students to be able to identify and assess the audit risks involved in various situations.
Course Learning Outcomes The students who succeeded in this course;
  • They will be able to learn what kind of audits are in the company and company specific.
  • understand the reasons for the publicly-held companies and the Financial Sector companies to provide more information outside the enterprise than other enterprises.
  • They will learn that accounting is not an action taken at the end of the term and is an action spread throughout the accounting period.
  • They will learn the types and risks of the risks.
  • They will be informed about the risks that the internal control system can prevent and prevent.
  • They will learn who is responsible for the establishment and development of the internal control system and what are the limits in the establishment of this system.
  • They will learn the specific concepts in the audit and auditing standards (audit area, business and audit risks, material misstatement, system test, control test, material verification tests, false reporting, types of audit opinion).
  • What they mean is that they have learned how to interpret an audit opinion.
Course Content The nature and objectives of audit in general as well as audit procedures and techniques practiced today; the audit risks involved in various situations; how to audit the risk area of financial statements.

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 What is an audit? What is the difference between control and revision? What are the types of audits and types of accounting audits? What are the financial audit individuals and organizations in Turkey? Why is Independent Auditor and YMM regulated separately? What are their ultimate tasks? Book 3- 23 pages
2 control legislation in Turkey. Non-audited and non-audited companies (PIEs and Capital Markets Institutions) General review of Accounting Standards and Auditing Standards Review of Public Oversight Authority Web pages, Navigation on pages related to Auditing and Accounting Standards. Read the decision of the Council of Ministers numbered 660
3 Stages of Audit, Pre-audit studies, audit contract, Matters that must be known in order to determine the risk of material misstatement in the audit, Error / Trick Triangle, Conflict of Truth Working between pages 65-97.
4 Special auditing techniques that must be performed by the auditor in order to meet the business, the external environment, activities, financial status, ownership structure, organizational structure of the company and the risks it creates in order to reveal the risks of significant errors. Independent Auditing Standards (BDS 315 Determination and Evaluation of Significant Mistake Risks by Recognizing the Business and its Environment)
5 The nature of the internal control system, the importance of the company and the auditor, the elements of internal control, the examination of the internal control structure in a business The 125-140 pages of the book should be studied BDS 315 Identifying and Evaluating the Risks of Mistake BDS 260 Standard for Notifying Senior Management of Internal Control Deficits
6 Written audit of the audit plan, approval of the auditor with the audit team, transaction tests within the scope of the in-year work, tests of material verification at the end of the year Selection of appropriate audit techniques for each audit area Pages 142-157 of the book
7 Pre-Reporting Studies and Establishing Audit Opinion End-of-period analytical studies, events that occurred after the balance sheet date, the continuity of the enterprise, the receipt of a letter of confirmation from the management Between 159-170 of the book, the book's 553-558 pages have been read
8 Pre-Reporting Studies and creating audit opinions. Related party transactions, segment reporting, quality control work, Types of Audit Opinion and Reporting, Disclosure of Key Audit Issues, Other explanations in terms of compliance The study of the book between 171-184, an audit report by downloading the report
9 Exam Week and discussions about how to do homework
10 Control of cash, received and issued accounts and POS accounts 187 to 203 pages of the book to be studied
11 Audit of Receivables (Commercial / Non-Commercial, Non-Priced, Long / Short Term), Types of Confirmation Letter, calculation of sampling diameter Aging of receivables and determination and reporting of doubtful receivables and uncollectible receivables, Rediscount on receivables Book 234-239
12 Current period separator accounts (Future Months / Year Expenses, Income for the coming months / Years, Income Accruals, Expense Accruals Review of the sections on the application of the principle of periodicity from General Accounting Accounts
13 tangible / intangible assets, investment properties, impairment test of assets Appropriate audit techniques, Revaluation Model, Impairment Test Pages 337-386 of the book
14 Control of sales and inventory accounts Control of sales, Control of costs of Production Cost Accounts and end of period stocks Cost of Goods Sold Appropriate material verification tests for advances and inventories 532 to 562 pages between 248-277
15 Audit of contingent liabilities, contingent liabilities and contingent assets account groups Debt / Provision / Expense Accrual / Funding principles of equity accounts Review of situations requiring provisioning Accounting of account of accounts Contingent Liabilities and Assets Worked on 480-512 pages of the book
16 Interim Financial Statements and the principles of their supervision Companies that have responsibility for editing and publishing Interim Financial Statements Implementation of mandatory / non-audit techniques in interim financial statement audit The book will work between 592-597 pages.


Course Book 1. Hasan Kaval, Muhasebe Denetimi, Gazi Kitabevi, 2013

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation 1 5
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics - -
Homework Assignments 1 25
Presentation - -
Project - -
Report - -
Seminar - -
Midterms Exams/Midterms Jury 1 30
Final Exam/Final Jury 1 40
Toplam 4 100
Percentage of Semester Work 60
Percentage of Final Work 40
Total 100

Course Category

Core Courses
Major Area Courses X
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

# Program Qualifications / Competencies Level of Contribution
1 2 3 4 5
1 Having the conceptual and applied knowledge about the basic functions of the business and gaining the ability to use the knowledge
2 To be able to diagnose the problems related to the field of business, to use scientific approaches effectively in the solution of problems and decision-making processes. X
3 To be able to reveal and analyze the environmental, social, global effects and legal consequences of the applications related to the basic functions of the business. X
4 To be able to analyze information and reports that concern businesses at the national, regional and global level, to set strategic goals according to the results obtained X
5 Gain the ability to use, report and interpret Business Information Systems and sub-modules required by business management X
6 Planning necessary activities such as starting a new business with innovative and creative thinking and taking risks for the sustainability of the business, finding resources, making market analysis, preparing a business plan, and using the learned information in this direction. X
7 Being aware of the fact that the research and learning process continues throughout life, to be able to follow the scientific and technological developments related to the business, to support oneself and the organization in innovation and continuous development. X
8 To have the necessary leadership and managerial skills to achieve business objectives effectively and efficiently. X
9 To be able to conduct scientific research in the field of business and report the results of the research to be used in managerial decision-making processes. X
10 To be able to transfer information about the field of business using effective verbal, written and visual communication methods in the language of learning and professional English X
11 To be aware of professional ethics, environmental awareness, sustainability, social responsibility, cultural, social and universal values X
12 Working effectively with different disciplines or multicultural teams, taking responsibility, making risk analysis, adapting to change, critical thinking and using initiative in problem solving
13 .

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours) 16 3 48
Special Course Internship
Field Work
Study Hours Out of Class 14 2 28
Presentation/Seminar Prepration
Homework Assignments 1 10 10
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury 1 20 20
Prepration of Final Exams/Final Jury 1 25 25
Total Workload 131