Auditing I

Introduksjon

Please note that this is a preliminary course description. The final version will be published in June 2026.

This introductory auditing course builds on the fact that information is the core of functioning (financial) markets. As information is often asymmetrically distributed, assurance over information is of utmost importance. The course introduces assurance and financial statement auditing and gives an overview over the audit process, audit planning and basic auditing concepts. The course additionally focuses on internal control and the auditing of internal control. An introduction to auditors’ professional responsibilities as stated in the International Standards on Auditing (ISA) and Norwegian laws and regulations as well as ethical principles are also part of this course.

Kursets innhold

• Demand for auditing and other assurance services
• Fundamental principles of auditing
• The auditing profession
• Legal and regulatory framework and ethical principles
• Audit planning and basic auditing concepts
• Audit tests and materiality
• Internal control