| Course Identification | : | Auditing 2 + Practicum (EAI374)
5th Semester / 4 Credits / Accounting Study Program – FEB |
| Short Description | : | This course explains the audit process for each accounting cycle, including how to apply audit procedures, complete the audit, and present the audit report which must be performed by Public Accounting Firm auditors during the audit of a company’s financial statements. |
| Learning Outcomes | : | After completing this course, students are able to explain and understand every audit process across all accounting cycles, and apply it in completing audits and presenting audit reports on company financial statements. |
| Relevance | : | This course serves as an introduction to the auditing profession, the application of audit processes in transactions and documentation by auditors in Public Accounting Firms (KAP), and Auditing 2 material is a reference to Auditing 1 material and Financial Accounting courses. |
| Semester Learning Plan | : | The Semester Learning Plan for Auditing 2 + Practicum is divided into 14 main topics consisting of: - Overall audit planning and starting the testing stage for each cycle.
- Audit of revenue and cash receipts cycle – Control Test and Substantive Test
- Audit of revenue and cash receipts cycle – Analytical Procedures Test and Balance Test
- Audit of acquisition and cash disbursement cycle – Raw Material Procurement
- Audit of Fixed Asset Acquisition
- Audit of Investment Acquisition
- Audit of payroll and human resources cycle
- Audit of inventory & warehousing cycle – Control Test and Substantive Test
- Audit of inventory & warehousing cycle – Analytical Procedures Test and Balance Test
- Audit of capital acquisition and repayment cycle
- Audit of Cash Balance
- Audit completion – Contingent liabilities and Subsequent event
- Audit completion – Final evidence accumulation and management letter
- Entire audit process based on cycles until audit completion
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Best Practice (Tips and Tricks)
| | To master this course more easily, you can do the following: - Understand the basic concepts thoroughly and correctly
- Follow the agreed course rules properly
- Read more and practice solving exercises/case studies
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| Certification | : | Auditing 2 course prepares students to work as Public Accountant Firm Auditors and is expected to obtain CPA (Certified Public Accountant) certification issued by the Indonesian Institute of Certified Public Accountants (IAPI) to be able to practice and become a Partner in a Public Accounting Firm. |
| Course Instructors | | - Elly Suryani, SE., MSi., Ak., CA., CPA (Coordinator)
- Annisa Nurbaiti, SE., MSi
- Dedik Nur Triyanto, SE., MAcc
- Ajeng Luthfiyatul Farida, SE., M.Akun
- Dhian Wahyuni, SE., MSi
- Ruri Octari Dinata, SE., MSA
- Dwi Urip Wardoyo, SE., MM.Si
- Ria Fransisca, SAk., MM
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| Course References | : | Arens, Elder, Beasley, Hogan. Auditing and Assurance Services, 17th edition, 2020 Theodorus M. Tuanakota. ISA-Based Audit, 2013 Theodorus M. Tuanakota. Contemporary Audit, 2015 Hayes, Wallage, Gortemaker. Principles of Auditing, An Introduction to International Standard on Auditing, 3rd edition, 2014 Gray & Manson. The Audit Process, 5th Edition, 2016 Indonesian Institute of Certified Public Accountants. Professional Standards for Public Accountants (SPAP), latest edition Indonesian Institute of Accountants. Financial Accounting Standards (SAK), latest edition Code of Ethics for Public Accountants, Indonesian Institute of Certified Public Accountants, latest edition Law, Government Regulations (PP), and Ministerial Regulations (PMK) on Public Accountants, latest edition.
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