Courses NonDegree Display 2019-2020

Course Description To PDF
Course title Assurance Services
Course code EBC4037
ECTS credits 6,5
Assessment Whole/Half Grades
Period
Period Start End Mon Tue Wed Thu Fri
1 3-9-2019 26-10-2019 X/E X/E
Level Advanced
Coordinator Ann Vanstraelen
For more information: a.vanstraelen@maastrichtuniversity.nl
Language of instruction English
Goals
Solid knowledge of different types of assurance services;
Deepen insight on the audit process with a particular emphasis on the use of data analytics and digital auditing;
Develop understanding of auditor behavior and the functioning and regulation of the audit market with a particular emphasis on the concept of audit quality;
Advanced knowledge of the academic literature on auditing and assurance services;
Sharpen problem solving skills in auditing and assurance services settings and further develop experience in using and interpreting data in common decision contexts.

Students who successfully complete this course will have sufficient knowledge of the process of assurance services to effectively perform entry-level assurance work in professional accounting firms. Furthermore, students will be able to read and critically evaluate audit research, and report the results of research on current and fundamental issues in the accounting profession.

Graduates have profound, evidence-based and up-to-date academic knowledge and understanding of theories, methods and tools in business/economics. This includes demonstrating the ability to develop new ideas.
Graduates can apply their profound knowledge and understanding to identify and solve also unstructured or semi-structured real life business/economic problems in unfamiliar environments within broader multidisciplinary contexts. This includes demonstrating analytical skills and a problem-solving attitude.
Graduates can integrate various perspectives to formulate judgments even with incomplete information on complex theoretical and practical business/economic issues.
Graduates can effectively communicate both to specialist and nonspecialist audiences. This includes demonstrating strong presentation skills, project- management skills, interpersonal skills, a high level of argumentation and context sensitivity.
Graduates have self-directed learning skills and the ability to regulate their own learning process.
Description
This course is organized around 3 key themes: 1) Different types of assurance services; 2) The audit process; and 3) Auditor behavior and the functioning and regulation of the audit market.
For the first theme, the course focuses on those assurance services that improve the reliability of information (financial and non-financial) as perceived by decision makers such as shareholders.
For the second theme, the course is aimed at deepen students insight on the different stages of the audit process with a particular emphasis on the use of data analytics in the audit of financial statements and digital auditing.
For the third theme, academic research will be used to develop students’ understanding of auditor behavior and the functioning and regulation of the audit market with a particular emphasis on the concept of audit quality. This will include a discussion of topics such as professional judgment and judgment biases; professional skepticism; ethical decision making; auditor independence; audit firm culture and governance; quality control; public oversight; audit market structure, concentration, competition and pricing.
The course is linked to audit practice by means of case-studies, a workshop in collaboration with a large audit firm and/or a guest lecture.
Literature
Textbook and articles
Prerequisites
Courses and workload are very demanding for all IB Master courses. Exchange students need to have obtained a bachelor degree with a major in Business. Exchange students need to major in accounting in their Master.
An advanced level of English.
Teaching methods PBL / Lecture / Assignment
Assessment methods Participation / Written Exam
Evaluation in previous academic year For the complete evaluation of this course please click "here"
This course belongs to the following programmes / specialisations
Master Business Research - No specialisation Year 1 Disc - IB Accountancy
Master Business Research - No specialisation Year 1 Disc - IB Accounting and Control
Master Business Research - Operations Research Year 1 Elective Course(s)
Master Business Research - Operations Research Year 2 Elective Course(s)
Master Fiscal Economics Economics Elective(s)
Master International Business - Accountancy Compulsory Course(s)
Master International Business - Accounting & Control (parttime/NL) Compulsory Course(s)
Master International Business - Controlling Elective Course(s)
Master International Business - Entrepreneurship and SME Management Elective Course(s)
Master International Business - Organisation: Management, Change and Consultancy Elective Course(s)
Master International Business - Strategic Corporate Finance Elective Course(s)
Master International Business - Strategy and Innovation Elective Course(s)
Master International Business - Sustainable Finance Elective Course(s)
SBE Exchange Master Master Exchange Courses
SBE Non Degree Courses Master Courses