Course code Ekon6039
Credit points 3
Audit of Financial Reports
Total Hours in Course81
Number of hours for lectures12
Number of hours for seminars and practical classes12
Independent study hours57
Date of course confirmation27.09.2011
Responsible UnitInstitute of Economics and Finance
Course developer
Ingrīda Pētersone
Mg. oec.
Course abstract
The aim of the subject is to introduce with audit process of independent enterprise financial statements according to Standards of International Audit Process (SIAP). The knowledge about standards is necessary to provide qualitative audit process service in situation of market economy.
Learning outcomes and their assessment
Knowledge: the theory and methodology about financial statement report revision according to international revision standards which are recognized in Latvia, understanding about financial statement revision standards in corporations. Knowledge about quality financial statement audit revision process in organizations. Skills: can define the phases of the financial statement report audit in corporations. Can determine the risks and essentiality of an audit and also compose a financial statement audit plan and program. Understands and is able to formulate financial statement procedures for all manager statements which are included in the financial report. Competence: acquiring knowledge and practical skills in financial statement audit. Students more profoundly learn about financial statement audit process and methods in corporations. Can compile an audit plan and program according to the audit risk valuation in the company.
Compulsory reading
1. Starptautisko revīzijas, apliecinājuma pakalpojumu un ētikas oficiālo paziņojumu rokasgrāmata. Starptautiskā grāmatvežu federācija. Rīga: LZRA, 2004. 873 lpp.
2. Daņēviča D. Finanšu pārskatu revīzija. Starptautiskie revīzijas standarti. Biznesa augstskola "Turība" SIA, Rīga. 2003. 123 lpp.
3. Mālderis G. Grāmatvedība. Revīzija. Audits. 3. papild. izdev. Rīga: Biznesa augstskola Turība, 2008. 144 lpp.
4. Zvērinātu revidentu ētikas kodekss. LZRA. Rīga, 2000. 47 lpp.
Further reading
1. Brūna I. Uzņēmumu iekšējā kontrole. LU. Rīga, 1999. 82 lpp.
Periodicals and other sources
1. Bilance: grāmatvedība, likumdošana, finanses: žurnāls par grāmatvedību, likumdošanu un finansēm. Rīga: Lietišķās informācijas dienests, 2005- ISSN 1407-5709.
2. Grāmatvedība un Ekonomika. Rīga: Mamuts, 2004- ISSN 1691-1172.
3. Portāls „iFinanses.lv” [tiešsaiste]. SIA izdevniecība „Izdevniecība iŽurnāli”. [Skatīts 08.11.2010.]. Pieejams: http://www.ifinanses.lv/lat