Management Performance Audit

Credit : 3 Units
Lecturer : Efa Yonnedi, Ph.D, MPPM, SE, Ak
Office : R !!"#, $edun% && 'aku(tas Ekonoi Uni)ersitas Anda(as *a+us
U,A,D
Liau Manis Padan% &,DO,ES&A
Contact : -.//##!30./ 1ss on(23
Consu(tation : 4ith a++ointent
A. GENERAL DESCRIPTION
This course is designed for students to understand the concept and practices of
internal auditing for business, government and non-governmental organizations.
After completing this course, the students should be able:
1. To understand the fundamentals of internal auditing and controls
2. To gain knowledge in administering internal audit activities
. To become aware about the impact of information s!stem on internal auditing
". To understand different areas for operational auditing
B. SPECIFIC OBJECTIVES
This course is designed for students who plan careers in the accounting and finance
functions of corporations or government entities or in the consulting#risk
management#internal audit services. The purpose of the course is to introduce the
student to scope of auditing in toda!$s organizations, a scope that e%tends be!ond
the traditional attestation of the financial statements. &ts ob'ectives are to provide the
student with:
A basic understanding of the use of internal auditing b! top
management and governing boards for controlling organizations.
An understanding of techni(ues for risk assessment and
management.
)nowledge of the standards for conducting management audits.
An understanding of the audit function$s organization and
administration.
An understanding of the management audit process.
Abilit! to scope and to establish criteria for an effective
management audit.
The knowledge and abilit! to appl! the basic tools used in evidence
collection.
The abilit! to report effectivel! the results of the audit
/
C. REQUIRED TEXT BOOK
*atliff, *.+. et al. 1,,-. &nternal Auditing: .rinciples and Techni(ues, /econd 0dition,
The &nstitute of &nternal Auditors (compulso!" RLR# $A$# GES# $G%# &'( JKL
1oeller, *obert and 2itt, 3erbert,. 1,,,. 4rink5s 1odern &nternal Auditing. 6
th
0d.
7ohn 2ile! 8 /on: 9:
/aw!er, +.4., ;ittenhofer, 1.A., and /cheiner, 7.3., 2<<. Audit &nternal /aw!er, 6
th

0d. The &nstitute of &nternal Auditors
2eb Address:
)**p+,,---.*).//&.o0,
D. COURSE OUTLINE
2eek Topic /ub-topics *eferences
RLR# $A$#
GES# $G%#
&'( JKL
1 =oundations of
&nternal Auditing
2hat is internal auditing>
0volution of internal auditing
9ature of operational and financial auditing
&nternal auditing in toda!5s organization
;ifferences between internal auditor and e%ternal auditor
.rofessions of &nternal Auditing
?hapter 1
2 .rofessional
/tandards
2h! internal audit standards
/tructure of &&A standards
The .rofessional standards
?hapter 2
=undamentals of
?ontrol
4asic nature of control
&nternal control and internal audit
1odels of control
&nternal control components and ob'ectives
&nternal control risks assessment factors
Assessing internal control effectiveness
?haracteristics of effective internal controls
?hapter
" Audit 0vidence standards of audit evidence
t!pes of audit evidence
selection of audit evidence
evaluating the ade(uac! of audit evidence
documenting evidence
?hapter "
6 &nternal Auditing
.rocess
audit activities
management of working papers
preparation of individual working papers
tick marks
?hapter 6
!
- /election of
Auditees
standards related to auditee selection
developing audit schedules
?hapter -
@ .reparation for the
Audit
audit ob'ectives and scope
audit program
?hapter @
A 1id 0%am
, .reliminar! surve!
and internal
control review
review of internal controls ?hapter A
1< 0%panded testing
and audit findings
audit findings
e%panded testing
?hapter ,
11 *eporting the
internal audit
reporting standards
basic audit report model
?hapter 1<
12 =ollow-up reviews
and audit
evaluation
standards for follow up
audit evaluation
?hapter 11
1 &nternal auditing
management
management of internal audit and internal auditing department ?hapter 12
1" Audit applications operational auditing
performance auditing
compliance auditing
(ualit! audits
auditing financial controls
auditing financial statements
?hapter 1-
16 =raud audits ob'ective of fraud audit
uni(ue audit approaches
audit program
?hapter 1A
1- Po1.c*
P.s.'*&*/o'
FINAL EXA%
E. EXA%INATIONS AND GRADING
Brades will be based on:
Cuiz: 1<D
&ndividual tasks: 16D
Broup pro'ect: 16D
1id 0%am: 26D
=inal 0%am: 6D
F. PROFESSIONAL CONDUCT
.rofessional conduct is built upon the idea of mutual respect. /uch conduct entails Ebut is
not necessaril! limited toF:
A**.'(/'0 *). cl&ss. ?ore classes are re(uired for a reason, and each
class benefits from the attendance and participation of all students. :our
grade for participation will be affected b! absences.
A/2/'0 o' */m.. +ate arrivals are disruptive to both lectures and class
discussion, and show disrespect to those who are on time.
3
%/'/m/3/'0 (/sup*/o's. All cell phones should be turned off during class.
:ou should not leave and re-enter the class. :ou should avoid engaging in
side conversations after class has begun.
Focus/'0 o' *). cl&ss. 2hile !ou ma! take notes on laptops, do not use
laptop computers or hand-held devices for other tasks while in class.
Activities such as net surfing, da! trading, and answering email are ver!
impolite and disruptive both to neighbours and the class.
B./'0 p.p&.( 4o cl&ss. :ou should be read! to discuss an! assigned
readings and to answer an! assigned (uestions for each da!$s class,
including being read! to open a case assigned for that da!.
R.sp.c*. :ou should act respectfull! toward all class participants.
"