306-465 Advanced Auditing

Coordinator

Prerequisites

306-301 Financial Accounting, 306-304 Auditing.

Semester

Contact

Subject Description

This subject involves an appraisal of the theoretical and empirical literature relating to auditing. In so doing, it draws extensively, but not exclusively, on studies carried out within the costly contracting (agency), capital market and behavioural paradigms. It commences with an examination of the demand for and supply of auditing (and related) services at the market level, progressing to analysis of the same forces at the public accounting firm level. A brief examination of the impact of the profession at the market, firm and individual level is then made before examining, in some depth, research involving individual auditor judgement.

Assessment

Seminar participation (10%); an assignment of no more than 8000 words (40%); a 3-hour final examination or equivalent (50%).