Assignment (2)

Course Code: ACC 3210

Course Title Audit and Assurance
Coordinator’ Name Mrs. H.A.C.Jeewanthi
Department Department of Accounting and Finance
Submission Due Date 01.02.2018
Type Individual Assignment
Allocated Marks 08 Marks

Analyzing theoretical aspects of following Audit and Assurance concepts.

1. Audit quality (Private sector) -E&Y

2. Auditor independence - Jayawickrama & company
3. Audit expectation gap - Wickramage & company
4. Skills and competencies of auditors - Ranaweera Nagasinge & company
5. Performance auditing - KPMG
6. Auditors role in frauds detection and prevention - GMS Associates
7. Public sector auditing - D.L.Malage & comapny
8. Forensic accounting in auditing -T&D
9. Evaluation of audit firms (Performances of audit firms) - B.R. De Silva & company
10. Internal auditing - Management and system Dev. Asso.
11. Market for audit service -Deloitte Sri Lanka (SJMS)
12 Audit quality (Public local authorities /public sector) -D.S.M. and Company.
13 Auditing standards and its application - RD partners
14 Auditing and CSR and governance - DHP Munaweera and Company

Content of the report

You are required to collect at least three (03) research articles (This is minimal and if you like you
can refer more) for the given topic and make an individual report about the theoretical
background of that particular concept.

Students can follow the below structure to the report and use any heading or sub-heading to
specify the information appropriately.

 Title page;
 Executive summary;
  Table of contents;
 Introduction- background to the given concept including definitions and components of
that concept
 Evolution of the concept over the time (in literature)
 Relevant applicable Theories / relevant to that concept
 Methods employed and results / findings in brief (How they have done )
 Literature gaps in that field of study (future research areas)
 The comparison of literature findings and what you have leant in the class and make
suggestions (this part can be done for some topics only.)
 Conclusion considering the topic and scenario you discussed.
 List of references and appendices.

Other instructions
1. Maximum number of pages is 10
2. Do not copy the articles and Cite appropriately (Do not plagiarize)
3. Attach the articles appropriately as appendices
4. Give your constructive analyses and debates in the discussions of the body where
required.

Date Posted:17.01.2018