Auditing and Assurance PG (11786.1)
Please note these are the 2023 details for this unit
Available teaching periods | Delivery mode | Location |
---|---|---|
View teaching periods | Flexible |
UC - Canberra, Bruce |
EFTSL | Credit points | Faculty |
0.125 | 3 | Faculty Of Business, Government & Law |
Discipline | Study level | HECS Bands |
Canberra Business School | Post Graduate Level | Band 4 2021 (Commenced After 1 Jan 2021) Band 4 2021 (Commenced After 1 Jan Social Work_Exclude 0905) Band 5 2021 (Commenced Before 1 Jan 2021) |
Auditing and Assurance provides a study of the role of audit systems and assurance activities, as well as providing a critical evaluation of the values and assumptions underlying audit and assurance within the context of professional, legal, regulatory, social, political and ethical responsibilities and requirements. The unit draws on practical and theoretical components relevant to audit and assurance and draws on accounting skills and knowledge developed within business and accounting units in the programme. Students demonstrate work-integrated knowledge through their ability to apply and evaluate audit practice concepts, theories, methodologies, and skills to business problems and challenges that emerge in professional practice.
1. Critically evaluate the audit system with emphasis on the relevant legal and regulatory environment, professional expectations related to ethics and independence and the broader social and political context of auditing;
2. Exercise critical thinking in the application of relevant auditing standards and regulation for the purpose of auditing general purpose financial statements;
3. Exercise judgement with respect to audit risk, material misstatement and appropriate audit strategies in responding to case-based scenarios; and exercise judgment in audit engagements (including the application of relevant quantitative methods), in identifying relevant audit evidence, including contradictory evidence, and in making decisions to reach conclusions relevant to the conduct of an audit; and
4. Exercise judgement in determining an audit opinion and critically evaluate whether there is sufficient and appropriate evidence to justify the audit opinion; and critically evaluate current research trends in auditing in relation to audit practice and its role in society.
Learning outcomes
On successful completion of this unit, students will be able to:1. Critically evaluate the audit system with emphasis on the relevant legal and regulatory environment, professional expectations related to ethics and independence and the broader social and political context of auditing;
2. Exercise critical thinking in the application of relevant auditing standards and regulation for the purpose of auditing general purpose financial statements;
3. Exercise judgement with respect to audit risk, material misstatement and appropriate audit strategies in responding to case-based scenarios; and exercise judgment in audit engagements (including the application of relevant quantitative methods), in identifying relevant audit evidence, including contradictory evidence, and in making decisions to reach conclusions relevant to the conduct of an audit; and
4. Exercise judgement in determining an audit opinion and critically evaluate whether there is sufficient and appropriate evidence to justify the audit opinion; and critically evaluate current research trends in auditing in relation to audit practice and its role in society.
Prerequisites
11403 Corporate Accounting PGCorequisites
None.Incompatible units
6398 Auditing AND 11218 AuditingEquivalent units
6223 Auditing PGAssumed knowledge
None.
Availability for enrolment in 2023 is subject to change and may not be confirmed until closer to the teaching start date.
Year | Location | Teaching period | Teaching start date | Delivery mode | Unit convener |
---|---|---|---|---|---|
2022 | UC - Canberra, Bruce | Semester 2 | 01 August 2022 | Flexible | Dr Barbara Voss |
2023 | UC - Canberra, Bruce | Semester 2 | 31 July 2023 | Flexible | Dr Barbara Voss |
The information provided should be used as a guide only. Timetables may not be finalised until week 2 of the teaching period and are subject to change. Search for the unit
timetable.