Faculty of Business and Law

School of Economics, Finance and Accounting

Image: RU students main picture, CU students laptop screen      

            

Academic Year: 2020-21

Project Leader: Suliman Joosub

Partner University(s)/Organisation(s): Rhodes University (South Africa)

Project Overview:

This project allowed a partial simulation of a real world audit team. Using Skype, the students simulated an audit junior meeting with an audit senior. The simulation enabled them to get a better insight into the real world practical application of the auditing theory. They were expected to work in an audit team with a manager and ask the questions in order to be able to complete the audit working papers and generate the necessary evidence to provide an opinion on the financial statements.

The reason for this role playing was that the South African students were exposed to auditing for an entire year and were therefore more knowledgeable about this subject.

This COIL project was mandatory for the students and linked to assessment-the students were awarded 5% towards the coursework.

Online Tools Used: Skype

Things to remember:

  1. We always evaluate but not always assess-we evaluate every COIL project by implementing the reflective element at the end and gathering student feedback, however, we do not always assess the students.
  2. A COIL project can be either voluntary or mandatory for the students.