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
Requisites
Prerequisite
Prohibition
Rules
Enrolment Rule
Contacts
Chief Examiner(s)
Associate Professor Gladys Lee
Associate Professor Joey Huang
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
Case-based teaching
Problem-based learning
Active learning
Assessment
1 - Within semester assessment
2 - Examination
Scheduled and non-scheduled teaching activities
Lectures
Tutorials
Workload requirements
Workload
Learning resources
Required resources
Technology resources
Other unit costs
Costs are indicative and subject to change.
Electronics, calculators and tools: $40