course description for Internship/Industrial Attachment in Auditing & Accounting Firms – typically offered in Year 4, Semester 8 of a BBA in Auditing:

Internship / Industrial Attachment in Auditing & Accounting Firms

Course Code: BBA-AUD 503
Credit Hours: 6
Semester Offered: Year 4 – Semester 8

Course Description

This course provides students with practical, hands-on experience in auditing and accounting firms through industrial attachment or internships. Students apply theoretical knowledge from prior coursework in real-world auditing, accounting, and financial environments. The course emphasizes professional practice, ethical conduct, and workplace skills, enabling students to understand organizational operations, audit procedures, client interactions, and reporting processes.

Course Objectives

By the end of the course, students should be able to:

1. Apply auditing and accounting principles in professional settings.

2. Gain practical experience in audit planning, fieldwork, and reporting.

3. Understand the roles and responsibilities of professional auditors and accountants.

4. Develop professional ethics, communication, and teamwork skills.

5. Evaluate organizational processes, internal controls, and compliance systems.

6. Prepare a professional internship report documenting learning outcomes.

Learning Outcomes

Upon successful completion, students will be able to:

• Conduct practical audit and accounting procedures in a professional environment.

• Assess and document internal controls, financial statements, and compliance.

• Communicate professionally with clients, colleagues, and supervisors.

• Apply ethical standards and professional judgment in workplace settings.

• Reflect on practical experiences and relate them to academic learning.

• Produce a comprehensive internship report that meets academic and professional standards.

Key Activities / Components

1. Orientation and Placement

   • Introduction to host organization policies, structure, and operations

   • Assignment of responsibilities under supervision

2. Practical Auditing & Accounting Tasks

   • Audit planning and risk assessment

   • Fieldwork: verification, sampling, testing, and documentation

   • Preparation of audit working papers and reports

   • Exposure to tax, financial reporting, and internal control procedures

3. Professional Development

   • Ethical and professional conduct in the workplace

   • Communication, teamwork, and time management

   • Problem-solving and decision-making in real-world scenarios

4. Supervision & Mentorship

   • Guidance by professional auditors and academic supervisors

   • Periodic review of progress and learning outcomes

5. Final Internship Report

   • Summary of tasks performed and skills gained

   • Reflection on auditing, accounting, and organizational processes

   • Recommendations for improvement and professional growth

Assessment Methods

• Supervisor’s Evaluation / Feedback: 40%

• Internship Report / Documentation: 40%

• Professional Conduct & Participation: 20%

???? Recommended References / Resources

1. Arens, A. A., Elder, R. J., & Beasley, M. S. – Auditing and Assurance Services

2. IFAC / IAASB – International Standards on Auditing (ISA)

3. ACFE – Fraud Examiners Manual

4. Professional accounting and auditing guides from host firms (Deloitte, PwC, KPMG, EY)

5. Journals and industry reports on auditing and accounting practices