Course Overview

course description for Seminar in Current Issues in Auditing – typically offered in Year 4, Semester 8 of a BBA in Auditing:

Seminar in Current Issues in Auditing

Course Code: BBA-AUD 502
Credit Hours: 3
Semester Offered: Year 4 – Semester 8

Course Description

This course exposes students to emerging trends, challenges, and developments in auditing. Through seminars, discussions, and research presentations, students critically examine current issues affecting auditing practice, including technological innovations, regulatory changes, fraud trends, corporate governance, and international auditing standards. The course emphasizes analytical thinking, research, and professional dialogue, preparing students to respond effectively to evolving auditing environments.

Course Objectives

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

1. Analyze emerging trends and challenges in auditing.

2. Evaluate the impact of technological, regulatory, and economic changes on audit practices.

3. Research and present current topics in auditing.

4. Discuss contemporary ethical, professional, and regulatory issues affecting auditors.

5. Develop critical thinking and problem-solving skills relevant to real-world auditing scenarios.

Learning Outcomes

Upon completion, students will be able to:

• Identify and explain current issues influencing the auditing profession.

• Conduct research on emerging auditing topics using credible sources.

• Present seminar papers and lead discussions on contemporary auditing challenges.

• Critically evaluate the implications of new auditing technologies, standards, and regulations.

• Recommend practical solutions to address current auditing issues.

Key Topics

1. Technological Innovations in Auditing

   • Blockchain, AI, and data analytics in auditing

   • Computer-assisted audit techniques (CAATs)

2. Regulatory and Standard-Setting Developments

   • Updates in International Standards on Auditing (ISA)

   • Regulatory changes in banking, insurance, NGOs, and multinational audits

3. Fraud Trends and Forensic Auditing

   • Emerging fraud schemes

   • Auditing in high-risk environments

4. Corporate Governance and Ethical Challenges

   • Global best practices in governance

   • Ethical dilemmas in modern auditing

5. International and Global Auditing Issues

   • Harmonization of IFRS and auditing standards

   • Auditing across borders and multinational challenges

6. Research and Seminar Presentations

   • Identifying research topics in auditing

   • Conducting literature reviews

   • Preparing and presenting seminar papers

   • Leading discussions and responding to peer questions

Teaching Methods

• Seminar presentations by students

• Research-based group projects

• Interactive discussions and debates

• Case studies of contemporary auditing issues

• Guest lectures from auditing professionals

Assessment Methods

• Seminar Presentations: 40%

• Research Paper / Written Report: 30%

• Participation & Discussion Leadership: 10%

• Final Examination / Comprehensive Assessment: 20%

???? Recommended Textbooks & References

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

2. Knechel, W., van Staden, C., & Sun, L. – Audit Evidence and Reporting

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

4. ACFE – Fraud Examiners Manual

5. Journal articles on emerging auditing trends and professional updates