Holders of a master's degree in Auditing and Finance should be able to:

· Identify aspects related with the evolution of audit and how it has met organisational challenges across times;

· Relate the shifts in organisational models with audit requirements and reflect on present and future trends.

· Identify the main aspects of the internal auditor's profession including activity scope, activity requirements and differences and similarities to external audit;

· Monitor and evaluate the internal control system and be able to implement it in any organisation.

· Identify the basic principles of market operation and financial instruments particularly in what concerns the main financial products (shares, bonds, etc.)

· Evaluate the best investment alternatives taking into account the profitability and risk of financial products;

· Use the main equilibrium models to analyse and assess financial assets.

· Make proposals for business recovery.

· Apply international accounting standards in the business context.

. Understand and explain the main tax rules and their implications on business administration;

. Identify the activities carried out in the public sector and the not-for-profit sector and their legal, regulatory and financial obligations;

. Use software to collect, process and analyse information;

. Identify the types of business undertakings; describe its operating structures, the relationships and responsibilities of shareholders and the members of the board; the governing problems;

. Identify the key corporate governance theories;

. Carry out autonomous research in the core areas of the programme.