ACB3620 · Assurance and audit services

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

Assessment

The Handbook lists an examination for this unit.

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Requisites

Learning outcomes

1. critically evaluate the demand for audit and assurance services within Australia and worldwide
2. assess the regulatory ethical and professional requirements applicable to assurance services
3. design appropriate audit strategies and procedures using the assurance framework
4. assess the appropriateness of evidence gathered and conclusions reached using professional judgement and reliable source frameworks
5. examine the auditor's role in identifying and reporting frauds and errors in financial statement audits
6. apply critical thinking, problem-solving and communication skills to resolve ethical dilemmas and professional issues faced by audit practitioners.

Workload

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.

Student experience, not official rules. Nothing here changes what the Handbook says.