5700 Auditing
Univ.Prof. Dr. Ewald Aschauer, Dr. Negin Attar-Niggemann, MSc., Mag.(FH) Susanne Flöckner, Dieter Stangl-Krieger
Weekly hours
Language of instruction
02/01/23 to 02/28/23
Registration via LPIS
Notes to the course
Subject(s) Bachelor Programs
Day Date Time Room
Friday 03/24/23 09:00 AM - 11:00 AM D2.0.030
Thursday 04/13/23 08:00 AM - 11:00 AM TC.5.28
Tuesday 04/18/23 02:00 PM - 03:30 PM Online-Einheit
Tuesday 06/13/23 11:00 AM - 02:00 PM D2.0.326

Examining the pros and cons of audit regulation from a theoretical perspective which include:

- Regulator’s response to accounting frauds

- Principle-agent theory

- Fundamentals of game theory

- Some theoretical studies on pros and cons of audit regulation

Learning outcomes

The aim of the course "Auditing" is to familiarize the students with the fundamentals of game theory and show them the rational behind the positive and negative economic consequences of audit regulation, by using a theoretical approach.

Attendance requirements

Attendance is required.

Teaching/learning method(s)

- PowerPoint slides

- Group presentations

- Discussions


--> Case study and presentation accompanied by a one page report (all assignments are done in groups).

Case study: a game with two players is defined and the students have to find the payoff matrix, players’ actions and payoff functions, equilibrium strategies, and the financial reporting quality in the equilibrium. The goal of this task is to understand the basics of game theory and to observe the forces behind the economic consequences of regulation. The case study will be explained to each group in a separate and individual meeting.

Presentation and report: A theory paper on economic consequences of audit regulation is assigned to each group where they have to present (using slides) a summary of the paper, its research question, the findings, and critically analyse the counter effect affecting the equilibrium. A one page report should also be submitted before the presentation.


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Availability of lecturer(s),

Last edited: 2022-12-02