Overview

This unit encompasses the nature and purpose of audit and assurance services, and the regulatory and professional environment in which they operate. You will 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
S2-01-CAULFIELD-ON-CAMPUS
TRI-A-29-CITY-ON-CAMPUS
TRI-C-29-CITY-ON-CAMPUS

Rules

Enrolment Rule

Contacts

Chief Examiner(s)

Dr Damien Lambert
Dr Lisa Powell
Dr Joey Huang
Dr Soon-Yeow Phang

Unit Coordinator(s)

Dr Amid Khosa

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
Role play

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