5623 Specialization in Business Administration Course IV - International Corporate Governance and Auditing
Mag.Dr. Martin Schereda, Dr. Paul Schörghofer
Weekly hours
Language of instruction
02/19/18 to 02/20/18
Registration via LPIS
Notes to the course
Day Date Time Room
Friday 03/23/18 08:00 AM - 01:00 PM TC.3.05
Wednesday 04/11/18 08:00 AM - 01:00 PM D5.0.002
Thursday 05/17/18 08:00 AM - 10:00 AM TC.0.04
Friday 05/25/18 08:00 AM - 07:00 PM TC.4.03

The course provides participants with an overview ofinternational corporate governance systems and fundamental principles ofauditing annual financial statements, other assurance engagements and relatedservices. It also enhances the knowledge on recent regulatory actions toincrease transparency, comprehensibility, and the performance of corporategovernance systems worldwide. Key issues in international corporate governanceare illustrated by scientific papers and selected cases. The issues raised byabuses and scandals are integrated into class discussions and groupassignments.

Learning outcomes

By attending this course, students obtain thoroughknowledge about the key structure and elements of corporate governance systemsand fundamental principles of auditing. They learn about the formal andinformal contracts that bind together shareholders, directors, managers,employees, suppliers, customers and communities. They also learn lessons fromprominent fraud cases that happened in the past. After completing this course,the students have good understanding of the key elements shaping corporategovernance systems and they have the ability to critically evaluate a corporategovernance system.

Teaching/learning method(s)

The course consists of lectures, practical examples, discussions and group presentations. The lectures are based on parts of different international text books and regulation. Relevant chapters in the books and additional material will be announced throughout the course.

  • Exam: 40%
  • Group work: 30%
  • Group presentation: 30%
Prerequisites for participation and waiting lists

This course is a PI course with 80% attendance. Students who are not present in the first unit will be deregistered and the place will be given to some other student from the waiting list.

Recommended previous knowledge and skills

The students are expected to have a general understanding of corporate governance.

Last edited: 2018-01-19