S_BR_AUD_k Basics of Auditing

STING ACADEMY
summer 2026
Extent and Intensity
0/0. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Hugo Hýbl (lecturer)
Ing. et Ing. Pavel Semerád, Ph.D., MBA (alternate examiner)
Guaranteed by
Ing. Zdeněk Kříž
Centre for Accounting and Taxation – Academic Department – STING ACADEMY
Timetable of Seminar Groups
S_BR_AUD_k/01: Sat 21. 3. 14:40–17:50 BR Učebna 02, Sun 12. 4. 8:45–14:30 BR Učebna 01, Sun 3. 5. 13:00–17:50 BR Učebna 04, H. Hýbl
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives
The aim of the course is to introduce students to the audit of financial statements, primarily from the perspective of future users of audit services: what can be expected from an audit and how to understand the auditor’s report. The course covers the purpose and significance of an audit, audit risks, legislation, and the audit process itself, from engagement preparation, understanding the client, planning the audit approach and testing potential misstatements to the auditor’s report and its discussion with the management of the accounting entity.
Syllabus

Lectures:

  1. General conditions for the emergence of the auditing profession; historical development of audit
  2. Definition of audit, its objectives, functions, and subject matter
  3. Legal regulation of audit in the Czech Republic
  4. Auditing standards, general concept of ethics, code of ethics
  5. Phases of an audit: Understanding the client, the client’s activities, factors affecting the client’s operations, and preparation of the engagement contract
  6. Phases of an audit: Preparation of the audit plan and audit programme
  7. Phases of an audit: Performing the audit, audit tests, sampling
  8. Completion of the audit: Summary of identified misstatements, events after the financial statements date
  9. Content and structure of the auditor’s report, management letter
  10. Audit of the annual report, report on related parties
  11. Internal audit, mutual interactions between the internal and external auditor
  12. Expected development and future perspectives of the auditing profession in the Czech Republic and worldwide
Assessment methods

Full-time form of study:

Method of course completion – credit and examination. Examination requirements: a written test followed by an oral examination covering the knowledge acquired in lectures and seminars.

Combined form of study:

The examination consists of both a written and an oral part. The examination covers the content of all individual lectures within the course.

Language of instruction
Czech
The course is also listed under the following terms winter 2025.
  • Enrolment Statistics (recent)
  • Permalink: https://is.newton.cz/course/sting/summer2026/S_BR_AUD_k