Identifying Data 2023/24
Subject (*) Audit Procedures Code 611506002
Study programme
Mestrado Universitario en Contabilidade Superior e Auditoría de Contas (2013)
Descriptors Cycle Period Year Type Credits
Official Master's Degree 1st four-month period
First Obligatory 6
Language
Spanish
Teaching method Face-to-face
Prerequisites
Department Empresa
Coordinador
Vara Arribas, Ricardo Jose
E-mail
ricardo.vara@udc.es
Lecturers
Vara Arribas, Ricardo Jose
E-mail
ricardo.vara@udc.es
Web
General description Obxectivos: unha vez adquiridos os conceptos básicos e familiares, os estudantes que teñan o enfoque de risco inherente á auditoría de contas proceden a analizar detalladamente a súa aplicación práctica aos ciclos e áreas máis significativos das contas anuais, centrándose na avaliación de os controis internos máis característicos de cada un deles e o deseño de probas de auditoría adecuados aos obxectivos de auditoría perseguidos.

Study programme competencies
Code Study programme competences
A3 To know the Spanish financial reporting auditing standards.
A4 To know the International Auditing Standards
A8 To know how to identify the audit risks associated with the probability of error of each important component of the financial information.
A9 To know how to document the procedures and accounting principles followed by the entity as well as the accounting systems used to record their transactions.
B10 Critically assessing knowledge, technology and available information when facing problems.
C2 That students know how to apply the knowledge acquired and their ability to solve problems in new or unfamiliar environments within broader (or multidisciplinary) contexts related to their area of study.
C3 That students are able to integrate knowledge and face the complexity of making judgments based on information that, being incomplete or limited, includes reflections on social and ethical responsibilities linked to the application of their knowledge and judgments.
C6 Capacity for teamwork.
C9 Ability to solve problems.
C11 Development of a logical and creative critical spirit.

Learning aims
Learning outcomes Study programme competences
Learn the basics of the risk approach inherent in the audit of accounts. AJ3
AJ4
AJ8
BJ10
CJ3
Practical application of the risk approach to the most significant cycles and areas of the annual accounts. AJ8
AJ9
BJ10
CJ2
CJ6
CJ9
CJ11
Evaluate the risks derived from the processes, both from the point of view of the detection of errors that may be incurred and from the deterrence of possible fraud that may be committed. AJ8
AJ9
CJ2
CJ3
CJ6
CJ9
Design of audit tests appropriate to the audit objectives pursued. AJ8
AJ9
CJ2
CJ3
CJ6
CJ9
CJ11
Execute the audit based on the previous planning. BJ10
CJ2
CJ3
CJ6
CJ9

Contents
Topic Sub-topic
Audit of tangible, intangible and financial assets
Audit of equity
Audit of financial liabilities
Audit of financial products and financial and not financial guarantees
Audit of accounting hedges
Audit of treasury and associated elements
Audit of inventories and credits and debits for commercial operations
Audit of operations in foreign currency
Audit of provisions, contingencies and commitments
Audit of income
Sub-topics will be disclosed during the lessons

Planning
Methodologies / tests Competencies Ordinary class hours Student’s personal work hours Total hours
Collaborative learning A3 A4 A8 A9 B10 C2 C3 C6 C9 C11 4 4 8
Directed discussion A3 A4 A8 A9 B10 C2 C3 C6 C9 C11 10 20 30
Guest lecture / keynote speech A3 A4 A8 A9 B10 C11 14 14 28
Problem solving A3 A4 A8 A9 B10 C2 C3 C6 C9 C11 13 52 65
Mixed objective/subjective test A3 A4 A8 A9 B10 C2 C3 C9 2 10 12
Document analysis A3 A4 A9 C3 1 2 3
 
Personalized attention 4 0 4
 
(*)The information in the planning table is for guidance only and does not take into account the heterogeneity of the students.

Methodologies
Methodologies Description
Collaborative learning Exposición en grupo de items concretos del contenido de la asignatura.
Directed discussion Debates sobre cuestiones planteadas por el profesor.
Guest lecture / keynote speech Explicaciones teóricas y prácticas del temario de la asignatura.
Problem solving Supuestos prácticos sobre el temario de la asignatura.
Mixed objective/subjective test Examen teórico-práctico sobre el contenido de la asignatura.
Document analysis Análisis de fuentes documentales de carácter normativo y doctrinal.

Personalized attention
Methodologies
Problem solving
Description
Tutorials to help solve problems.

For students with recognition of part-time dedication and academic exemption of attendance, at the beginning of the course a specific schedule of tutoring compatible with their dedication will be agreed. Students should contact the teacher in the first ten days of the semester in which the subject is taught, in order to set the aforementioned calendar.

Assessment
Methodologies Competencies Description Qualification
Document analysis A3 A4 A9 C3 Análisis de fuentes documentales de carácter normativo y doctrinal 10
Problem solving A3 A4 A8 A9 B10 C2 C3 C6 C9 C11 Resolución de ejercicios prácticos planteados en el aula. 40
Mixed objective/subjective test A3 A4 A8 A9 B10 C2 C3 C9 Examen teórico-práctico sobre el contenido de la asignatura. 50
 
Assessment comments

Evaluation observations

A) ASSESSMENT RULES:

1. Evaluation conditions: It is forbidden to access the exam room with any device that allows communication with the outside and/or storage of information.

the student will be graded with "suspension" (numerical grade 0) in the corresponding call for the academic year, whether the offense is committed on the first opportunity or on the second. To do this, your rating in the first chance report will be modified, if necessary.

2. Student identification: The student must prove their identity in accordance with current regulations.

B) TYPES OF QUALIFICATION:

1. Not presented qualification: Corresponds to the student, when he only participates in evaluation activities that have a weighting of less than 20% of the final qualification, regardless of the qualification achieved.

2. Students with recognition of part-time dedication and academic waiver of attendance exemption: Except for the dates approved by the Faculty Board for the final objective test, a specific calendar of compatible dates will be agreed upon at the beginning of the course for the remaining tests. with your dedication so it is mandatory that you contact the teacher in the first 10 days of the semester

C) ASSESSMENT OPPORTUNITIES:

1. First opportunity: 50% continuous evaluation and 50% mixed test on the entire content of the subject in the official exam period that follows the end of the semester classes.

2. Second opportunity: the highest grade will prevail between the grade obtained in the 2nd opportunity final exam and the average of weighting said exam with the continuous evaluation grade obtained during the semester.

3. Advanced call: The evaluation conditions of the advanced opportunity (art. 19 of the Norms of Assessment, Review and Claims of Qualifications of Grao Studies and University Masters) will be specific to this opportunity. This will be evaluated by means of a mixed oral and/or written test that assesses all the contents and skills of the subject and that will account for 100% of the final grade.

Other observations of continuous evaluation:

The solution of problems can be done during the development of the classes and without the need for prior notice. All this requires active and participatory assistance by the student in addition to the updated study of the material provided, so that the teacher will be able to assess aspects such as: class attendance and the oral and written interventions of the students.

For evaluation purposes, the weighting of each part of the subject, both in the continuous evaluation and in the final test, will correspond to the percentage of teaching hours of each part.


Sources of information
Basic Alvin A. Arens, Randal J. Elder, Mark S. Beasley (2007). Auditoría : un enfoque integral (11ª ED). Pearson Educación
Larriba Díaz-Zorita, Alejandro (2015). Auditoría de cuentas anuales (2 volúmenes). Madrid: CEF
Varios autores (2018). Manual de Auditoría. FRANCIS LEFEBVRE
ICAC (2022). NORMATIVA DE AUDITORIA. https://www.icac.gob.es/normativas/nacionales#portada

Normativa:


DIRECTIVA 2014/56/UE DEL PARLAMENTO EUROPEO Y DEL CONSEJO de 16 de abril de 2014 relativa a la auditoría de cuentas Real Decreto Legislativo 1/2010, de 2 de julio, por el que se aprueba el texto refundido de la Ley de Sociedades de Capital. (LSC ? Art. 263 a 271) Nueva Ley 22/2015, de 20 de julio, de Auditoría de Cuentas. Real Decreto 1517/2011, de 31 de octubre, por el que se aprueba el Reglamento que desarrolla el texto refundido de la Ley de Auditoría de Cuentas (RAC).

Resolución de 15 de octubre de 2013, del Instituto de Contabilidad y Auditoría de Cuentas, por la que se publican las nuevas Normas Técnicas de Auditoría, resultado  de la adaptación de las Normas Internacionales de Auditoría para su aplicación en España (NIA-ES) http://www.icac.meh.es/Temp/20140908121330.PDF
Complementary


Recommendations
Subjects that it is recommended to have taken before

Subjects that are recommended to be taken simultaneously

Subjects that continue the syllabus

Other comments
1.- A sustainable use of resources must be made in order to prevent negative impacts on the natural environment.
2.-Personal and professional behavior must be guided by ethical principles.
3.-The gender perspective will be taken into account as far as possible.
4.-Work will be done to identify and modify prejudices and sexist attitudes and promote values of respect and equality.
5.-If situations of discrimination based on gender are detected, actions and measures will be proposed to correct them.
6.- The full integration of students who, for physical, sensory, mental or sociocultural reasons, experience difficulties in gaining adequate, equal and profitable access to university life will be facilitated.



(*)The teaching guide is the document in which the URV publishes the information about all its courses. It is a public document and cannot be modified. Only in exceptional cases can it be revised by the competent agent or duly revised so that it is in line with current legislation.