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Overview

This unit encompasses the nature and purpose of audit and assurance services, and the regulatory and professional environment in which they operate. Students apply professional, ethical and legal requirements stemming from the assurance framework and applicable auditing pronouncements to 'real world' scenarios.

Offerings

S1-01-CAULFIELD-ON-CAMPUS

S1-FF-CAULFIELD-FLEXIBLE

S2-01-CAULFIELD-ON-CAMPUS

TRI-A-29-CITY-ON-CAMPUS

TRI-B-29-CITY-ON-CAMPUS

TRI-C-29-CITY-ON-CAMPUS

Contacts

Chief Examiner(s)

Dr Ashna Prasad

Dr Lisa Powell

Dr Soon-Yeow Phang

Notes

IMPORTANT NOTICE:
Scheduled teaching activities and/or workload information are subject to change in response to COVID-19, please check your Unit timetable and Unit Moodle site for more details.

Learning outcomes

On successful completion of this unit, you should be able to:
1.

critically evaluate the demand for and the limitations of audit and assurance services

2.

explain the regulatory ethical and professional requirements applicable to assurance services

3.

understand the assurance framework and apply judgement to determine audit strategy and procedures, appropriateness of evidence gathered and conclusions reached

4.

analyse the auditor's role in corporate governance with emphasis on the detection and reporting of frauds and errors

5.

apply critical thinking, problem solving and communication skills to resolve ethical dilemmas and professional issues faced by audit practitioners.

Teaching approach

Active learning

Peer assisted learning

Assessment

1 - Within semester assessment

2 - Examination

Scheduled and non-scheduled teaching activities

Lectures

Tutorials

Workshops

Workload requirements

Workload

Learning resources

Required resources

Technology resources

Other unit costs

Costs are indicative and subject to change.
Electronics, calculators and tools: $40