This course aims to introduce students to the audit practice environment and foundations for audit judgement as specified below:

• provide knowledge of the regulatory, legal and reporting framework of auditing in Hong Kong
• provide knowledge of basic principles, objectives and ethical requirements of auditing
• develop analytical ability to identify risks in auditing
• develop practical skills to conduct an audit, individually and with a team
• develop communication skills for effective communication both in the written and verbal forms.

Final examination:

Students will be assessed via an open-book exam their understanding of concepts learned in class, textbooks and their ability to apply subject-related knowledge.

Students are required to pass both coursework and examination components to guarantee to pass the course. Failing either component may lead to failure in the course. The passing mark is generally 50.