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Department of Business and Economics
Bachelor

Changing international auditing standards: The revised ISA 600 as a response to complex group structures

Course information

Module:  11 
Credits: 2 SWS / 5 Credits
Language: German/English

Date

 
Application:
Acceptance of the seminar place after receipt of an acceptance:
07.07.2025 - 11.07.2025
28.07.2025
Start of processing by topic assignment: tba
Presentation: tba
   

Description

The international auditing standard ISA 600 (Revised), “Special considerations for the audit of consolidated financial statements (including the work of component auditors)”, marks a significant development in the auditing of consolidated financial statements. Against the background of the increasing complexity of globally active corporate groups and heterogeneous audit teams, the revised version of the standard addresses in particular the changed role and responsibility of the group auditor.


The seminar is dedicated to an in-depth analysis of the new regulatory requirements, with a focus on the extended duties of the group auditor in the areas of planning, risk assessment and the involvement and monitoring of component auditors. Communication between the main and divisional auditors, especially in culturally, linguistically and regulatory heterogeneous teams in international groups, is a central subject of study.


In addition, students will deal with the risk-oriented audit strategy in the Group context. A particular focus here is on the identification and consideration of risky sub-areas and their consistent integration into the audit process. The aim is to deepen the understanding of a high-quality and internationally consistent group audit and to critically reflect on the practical effects of the revised ISA 600.

 

Examination modalities according to the Examination Regulations

5 ECTS credits can be acquired.

Online application

You can register online on the following website: Online registration