This course aims to develop basic ideas about assurance and auditing practices. Topics of the course include Introduction to Assurance and Auditing and their Significance; Origin, Objectives and Types of Auditing; Professional Ethics in Auditing; Qualifications, Disqualifications, Duties, Rights, Power and Responsibilities of Auditors; Process of Audit and Assurance; Internal Control, Materiality, Sampling and Risk; Audit Plan and Audit Program; and Auditors’ Reports.