1. Audit methodology Dr. Thomas Nösberger University of Fribourg

2. Page 2December 8, 2010Teaser University Berne Course targets ► What is an audit? ► How is an audit carried out? ► What are the limitations of the audit process?

3. Page 3December 8, 2010Teaser University 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 8, 2010Teaser University 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 8, 2010Teaser University Berne Timetable Date:Time:Location: Friday, 1st April 201109:15-16:00Uni Bern, room tbd Friday, 15th April 201109:15-17:00Au Parc Hotel, Fribourg Saturday, 16th April 201109:15-17:00Au Parc Hotel, Fribourg Sunday, 17th April 201109:15-17:00Au Parc Hotel, Fribourg Tuesday, 6th May 201113:15-17:00Uni Fribourg, room tbd

6. Page 6December 8, 2010Teaser University 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 8, 2010Teaser University 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 ► Treuhandkammer / Chambre Fiduciaire (2004): Schweizer Prüfungsstandard / Normes d'audit suisse, ISBN 3-908159-40-7. (Students can order a free copy directly from the publisher or download the respective pfd from the Homepage)

8. Page 8December 8, 2010Teaser University Berne Administration Registration:karin.schori@ch.ey.com (registration form) Karin Schori Phone: 0041 (0)58 286 6208 Exam:Oral Exam of 15 minutes June 2011 September 2011 ECTS: More information: 4.5 http://www.unifr.ch/controlling/lehre/auditmeth.php

9. Page 9December 8, 2010Teaser University Berne Locations ► Uni Bern: link to maplink to map ► Uni FR: link to maplink to map ► Hotel: link to maplink to map

10. Page 10December 8, 2010Teaser University Berne Registrationform Audit methodologyApril 15-17, 2011 Firstname Name University Immat. # E-Mail Phone Mother tongue Registration until April 6th, 2011 possible