1. Audit methodology Prof. Dr. Thomas Nösberger University of Fribourg

2. Page 2December 2015Teaser University Fribourg & Berne Course targets ► What is an audit? ► How is an audit carried out? ► What are the limitations of the audit process?

3. Page 3December 2015Teaser University Fribourg & Berne Content of the course The course gives an overview of the various steps of an audit (planning, execution, reporting) and treats fundamental audit concepts (audit risk formula, materiality, etc.) Step 1: Introduction day ► In class: Presentation of fundamental audit concepts and discussing audit planning, execution and documentation. (Theoretical background) Step 2: Weekend block / part 1 ► In class: Present a case study ► Together we plan an audit and allocate the audit tasks to the groups

4. Page 4December 2015Teaser University Fribourg & Berne Content of the course Step 3: Weekend block / part 2 ► In groups: Go through case study material and prepare presentations. (15 to 20 minutes) ► In class: Presentation ► In class: Conclusion, findings, errors, basis for reporting etc. Step 4: Wrap-up afternoon ► In class: Audit and fraud, audit deficiencies ► Questions and answers

5. Page 5December 2015Teaser University Fribourg & Berne Timetable Date:Time:Location: Friday, 18th March 201609:15-16:00Uni Bern, B-105, UniS, Schanzeneckstrasse 1 Friday, 15th April 201609:15-17:00Hotel au Parc, Fribourg Saturday, 16th April 201609:15-17:00Hotel au Parc, Fribourg Sunday, 17th April 201609:15-17:00Hotel au Parc, Fribourg Friday, 29th April 201613:15-17:00Uni Fribourg, PER 21 B205

6. Page 6December 2015Teaser University Fribourg & Berne Target Audience ► Potential future auditors ► Potential future controllers, CFO‘s The course is a good opportunity to gain a first insight of the daily work of an auditor as the extended case study is directly derived from real life situations.

7. Page 7December 2015Teaser University Fribourg & Berne Literature ► Rick Hayes (2nd Edition 2004): "Principles of Auditing: An Introduction to International Standards on Auditing" FT Prentice Hall, ISBN 0-273-68410-8 ► 2012 Handbook of International Quality Control, Auditing, Review, other Assurance, and Related Services Pronouncements http://www.ifac.org/. http://www.ifac.org/

8. Page 8December 2015Teaser University Fribourg & Berne Registration / administration Number of students limited to 24. ► The pre registration period on mySES for this course / seminar will be from February 2nd 9h00 to March 6th 2015.mySES ► The registration period summer period 2015 for the exam will be from April 27th to May 8th 2015 on mySES.mySES ► The registration period re-assessment period 2015 for the exam will be from July 13th to August 3th 2015 on mySES.mySES ► Without registration in the given period, no exam in the re- assessment period can be taken. Please take note of the deadline. ► BeNeFri registration for students from University Berne is required Oral exam of 15 minutes / 4.5 ECTS / only dictionnary allowed e-mail-contact: karin.schori@ch.ey.com