audtng3 syllabus

College of Dentistry

VISIONIn pursuit of perfection, the University of Baguio is committed to provide balanced quality educationby nurturing academic excellence, relevant social skills and ethical values in a fun-learning environmentMISSIONThe University of Baguio educates individuals to be empowered professionals in a global community.INSTITUTIONAL GOALSThe University of Baguio aims to produce a graduate who:

1. exemplifies a higher standard of learning;2. manifest the mastery of relevant skills;3. upholds a conduct that is rightful and just;4. undertakes scientific and significant researches;5. advocates sustainable programs for the community and the environment; and6. leads and demonstrates exemplary performance in the field of specialization.

School of Business Administrationand Accountancy

Course Title:AUDTNG3(3u)

Description:Auditing in a Computer Information System EnvironmentEffectivity:First Semester,SY 2010-2011Date RevisedOctober 2012Prepared by:John V. Balanquit, CPAApproved by:Dr. Kareen B. Leon, CPAPage 5 of 8

MISSIONThe School of Business Administration and Accountancy edifies competitive and morally upright individuals.

OBJECTIVES

The School of Business Administration and Accountancy, in an exuberant learning climate, aims to nurture a business graduate who:

1. cultivates the knowledge, that is imperative for career success in a globalized setting;2. demonstrates relevant skills;3. utilizes macro-environmental acumen for economic growth and development;4. typifies professional integrity with humility;5. undertakes researches to promote systematic bases for business decisions; and6. models exemplary performance in business.

School ObjectivesUNIVERSITY GOALS

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P1. Cultivates the knowledge that is imperative for career success in a globalized setting.

P2. Demonstrates relevant skills.

P3. Utilizes macro-environmental acumen for economic growth and development.

P4.typifies professional integrity with humility.

P5. undertakes researches to promote systematic bases for business decisions.

P6.models exemplary performance in business

2. Program Outcomes and Relationship to School Objectives

Program OutcomesSCHOOL/ PROGRAMOBJECTIVES

S1S2S3S4S5S6

The Accountancy program aims to produce a graduate who:

O1.Applies exceptional accounting knowledge to meet the demands of the business community

O2.Demonstrates high proficiency in the practice of the profession

O3.Conforms with the highest degree of ethical standards

O4.Employs researches to elevate professional knowledge and skills in sound business decisions

O5.Satisfies the demands of a dynamic industry for a better community; and

O6.Typifies excellence in the practice of the accounting profession

3.Course Objectives and Relationship to Program Outcomes

Course ObjectivesPROGRAM OUTCOMES

O1O2O3O4O5O6O7O8

COGNITIVE DOMAIN

C1.know the concepts relating to accounting for Business Combinations;

C2. integrate and apply the generally accepted accounting principles to problem situations involving financial statements that are likely encountered in practice;

C3. learn the basic processes that happen in the accounting systems for Business Combinations;

C4. integrate the application of the topics learned to situations most likely to be encountered in everyday life;

C5.develop a system for higher learning designed specifically in preparation for the CPA Licensure Examinations.

AFFECTIVE DOMAIN

C6.develop the value of honesty, objectivity and perseverance.

C7.realize the contributions of accounting standards or GAAP to the development of a more socially responsible and morally upright professional accountant.

C8. integrate the values of honesty and integrity in the preparation of financial reports for Business Combinations;

C9.apply the qualities of neatness, accuracy, timeliness, and compliance with requirements in the preparation and submission of reports.

PSYCHOMOTOR DOMAIN

C10. apply the skills in the preparation of financial reports for Business Combinations;

C11.apply the skills in systematic problem solving.

C12. solve accounting problems within the minimum speed required in the CPA Licensure Examinations;

C13.apply concepts and procedures of advanced accounting in meeting the requirement of the course such as quizzes, group work, case studies, and other problem solving activities.

4. Pre-requisiteAUDTNG1 Auditing Theory; COMPAS1 Computer Accounting System5. Co-requisite

6. Course DescriptionThe course comprehensively explains the theory and procedures behind and involving the audit of companies that uses computer systems in processing their information. This course provides a background on how information is processed under a computerized system as compared to the manual system. It also discusses the detailed processes of how an auditor may conduct his audit under such environment. As an academic tool, this course will use the Audit Command Language (ACL) software to serve as a hands-on device for students.

7.Course Coverage

Learning Contents/ TopicNo. of Hrs.School ObjectivesProgram OutcomesActivity and Learning ApproachEvaluation

P1P2P3P4P5P6O1O2O3O4O5O6O7O8

Course SyllabusVMOSeat PlanLeveling of Expectations1OrientationInternalize the VMOArrange studentsRequirements and Grading system

I. Overview of Auditing in a CIS Environment Theoretical Background The Information System Transaction Processing Internal Control Concerns IT Governance Controls

9Lecture-discussion, Board exercises, Recitations, Group ActivityQuiz, Assignments, Research, Case Analysis

PRELIMINARY EXAMINATION

1

II. Auditing Operating Systems and Networks Auditing Operating Systems Auditing Networks Auditing Electronic Data Interchange Auditing PC based Accounting Systems Data Management Approaches Key elements Auditing Data management systems


FIRST GRADING EXAMINATION

2

III. Systems Development and Program Change Activities Participants in Systems development Information systems acquisition System Development Life Cycle Controlling and Auditing9Lecture-discussion, Board exercises, Recitations, Group ActivityQuiz, Assignments, Research, Case Analysis

IV. Computer Assisted Audit Tools and Techniques Application Controls Testing computer application controls Types of CAATs Data structures Designing relational databases Embedded audit module Generalized audit software ACL


MIDTERM EXAMINATION

2

V. Auditing the Different Process Cycles Revenue Cycle activities and technology Revenue cycle audit objectives, controls and test of controls Substantive tests for revenue cycle accounts Expenditure Cycle activities and technology Expenditure cycle audit objectives, controls and test of controls Substantive tests for expenditure cycle accounts9Lecture-discussion, Board exercises, Recitations, Group ActivityQuiz, Assignments, Research, Case Analysis

VI. Enterprise Resource Planning Systems and Business Ethics Basic Concepts Data Warehousing Risks associated with ERP Implications of Internal Control and Audit Ethical Issues in Business Fraud Audit responsibility for detecting fraud Fraud detection techniques


FINAL EXAMINATION

2

Grading System:

For Professional Board Examination Subjects: the cut-off score is 70%. The highest possible grade is ninety-nine (99); the lowest passing grade is seventy-five (75); and the lowest failing grade is sixty-five (65).

First grading Class standing = 70 % ; Exam = 30 %Midterms Class standing = 60 % ; Exam = 40 % ( Tentative Midterm Grade x 2 + First Grading ) / 3 = Midterm GradeFinals Class standing = 50 % ; Exam = 50 %( Tentative Final Grade x 2 + Midterm Grade ) / 3 = Final grade

Textbook:

James Hall. Information Technology Auditing and Assurance, 3rd Edition. Cengage Learning. 2011.

References:

http://220.227.161.86/11518p1012-15.pdfhttp://220.227.161.86/19360sm_aape_finalnew_cp4.pdfwww.ifac.orghttp://www.icisa.cag.gov.in/Background%20Material-IT%20Environment/IT-Audit-Environment/Auditing%20in%20a%20Computer%20Information%20Systems%20Audit%20.pdfhttp://accounting.swlearning.comhttp://stice.swlearning.com

Syllabus Evaluation Committee:

RHAD VIC F. ESTOQUE, CPA, MBADR. KAREEN B. LEON, CPAProgram Chair Dean, School of Business Administration and Accountancy

audtng3 syllabus

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