Audit (271100)

Learning Outcomes

Financial Audit is a discipline which main objective is the study of auditing norms. Its objects of analysis are internal control and financial statements.
We seek to provide students the concepts underlying these topics and encourage the practical perspective of its applicability in management control, operational audit and management of organizations.

Study Program

1.    Concept, objectives, types of audit
2.    Financial Audit and its surroundings - distinction of Inspection, Examination, etc..
3.    The Auditor - the profession: Review and Legal certification of the accounts
4.    Internal Audit vs. External Audit
5.    Auditing Norms
6.    Planning an audit - practical test
7.    The importance of Internal Control
8.    The audit evidence / tests / evidence of proof - practical test
9.    Accruals and deferrals (actives / passives) - Practice Test
10.    Auditing in the Sales sector, Services Rendered and debt receivable - practical test
11.    Auditing in the area of obtaining of goods and services and debts to pay – practical test
12.    Auditing the area of Human Resources - practical test
13.    Auditing the inventory area - practical test
14.    Auditing the non-financial investment area - practical test
15.    Auditing the financial investments area - practical test
16.    Auditing the liquid funds area - practical test
17.    Auditing the area of provisions and impairments - practical test
18.    Auditing the area of equity investments - practical test
19.    Conclusions and audit reports


Alves, Joaquim José dos Santos, Princípios e Prática de Auditoria e Revisão de Contas, Ed Sílabo, Lda, 2015.
Costa, Carlos Baptista da, Auditoria Financeira, Teoria & Prática, Ed. Rei dos Livros,12º edição, 2019.