AF3S548 - Cases in Audit 09 Mar 2020 - 31 Aug 2025 | Version 1
Associated Module Information
| Module Code: | AF3S548 | ||
|---|---|---|---|
| Module Title: | Cases in Audit | ||
| Faculty: | Faculty of Business and Creative Industries | ||
| Faculty Group: | Accounting and Finance | ||
| Faculty Sub Group: | Accounting and Finance | ||
| Module Leader: | Rebecca Bushell | ||
| Module Team: | Jared Davies | ||
| First Intended Intake: | SEP 2020 | Final Year of Intake: | 2024 |
| Date Closed: | |||
| Credit Value: | 20 | Credit Level: | 6 |
| Language: | English | ||
| Percentage of Module Taught in Welsh: | 0 | ||
| Equivalent Module: | |||
| HECOS codes: | 100840 - audit management | ||
| HECOS Code Weighting: | 100 | ||
Document Version Information
| Version | 1 |
|---|---|
| Valid From | 09 Mar 2020 |
| Valid To | 31 Aug 2025 |
Module Aims
Audit is an essential area of accounting to ensure the rules and regulations are being followed appropriately. This module takes different areas of audit and looks into them in depth. The module is split into 2 sections, in part one students are required to investigate current cases in the audit industry, the module develops these research, innovation, evaluation and commercial awareness. All the cases in this section will be based on topics currently in the news and will be investigated using real life organisations. In the second part they then participate in a live project where they form consulting teams and carry out an assurance engagement for a third sector organisation, working with external partner. They are required to analyse the information and evaluate the situation before making recommendations to the organisation.
Students will be assessed using a range of methods in order to develop and test not only their subject knowledge but also the graduate attributes. The module is designed to build commercial awareness, communication skills, team work, time management, independent working, initiative and leadership skills, which will be assessed during the cases.
Content Summary
The contents will be determined by the current events in the audit industry but may cover areas such as:
Regulatory framework
Audit planning
Internal audit
Fraud
Money Laundering
Internal controls
Audit risk
Ethics
Assurance engagements
Learning and Teaching Methods
| Activity Type | Hours |
|---|---|
| Tutorial | 20 |
| Independent Study | 92 |
| Directed Study | 52 |
| Formative Assessment - Scheduled | 8 |
| Formative Assessment - Independent | 8 |
| Active/Simulation Based | 20 |
| Total Hours Selected | 200 |
Learning Outcomes
| # | Learning Outcome |
|---|---|
| LO1 | Apply and evaluate managerial, regulatory and strategic elements related to audit. |
| LO2 | Identify the importance of developing graduate attributes. |
Module Requisites
N/A
Assessment Criteria
| Assessment Category | Assessment Type | Description | Duration | Word Count | Weight (%) | Best of? | Pass Mark |
|---|---|---|---|---|---|---|---|
| Asynchronous Assessment | Project Output 1 | Students will participate in a live project, engaging with external partners. There is a mixture of individual and group activities and activities completed in class and independently. They will be assessed on their performance during the output and delivery of the final briefing. | 0 | N/A | 50 | No | 40 |
| Asynchronous Assessment | Portfolio 1 | The portfolio will be worth 50% and will consist of 2 individual case studies ( analyse a case and then complete an activity associated with that case) Each case will be worth 25% each and will be designed to use a variety of assessment methods, reports, articles, posters, leaflets, interviews etc. To promote engagement and employability skills. | 0 | N/A | 50 | No | 40 |
Assessment Matrix
| Assessment Type | Learning Outcomes | ||
|---|---|---|---|
| LO1 | LO2 | ||
| Project Output 1 | ✔ | ✔ | |
| Portfolio 1 | ✔ | ✔ | |