11947 (v.2) Auditing 551

Area:

School of Accounting

Credits:

25.0

Contact Hours:

3.0

Seminar:

1 x 3 Hours Weekly

Prerequisite(s):

11942 (v.2) Accounting (Information Systems) 531 or any previous version
AND
302128 (v.2) Accounting (Corporate) 511 or any previous version

Syllabus:

Accountability and auditing in the private sector - comparison of countries. The legal and ethical responsibilities of auditors. Auditing in the private sector - audit evidence, the audit risk model and its application, the audit criteria for the entity's annual report, forming and reporting the opinion.

Unit Outcomes:

On successful completion of this unit, students will have - Demonstrated their analytical and decision making skills by applying auditing theory to practical problems. Demonstrated an ability to carry out substantive audit testing of transactions and balances. Understood and applied audit sampling theory to practical situations. Students will have developed the professional skills of writing, speaking out, decision-making and team working.

Text and references listed above are for your information only and current as of September 30, 2003. Please check with the unit coordinator for up-to-date information.

Unit References:

No prescribed references.

Unit Texts:

Gill, et al, (2001), Modern Auditing and Assurance Services. New York, John Wiley & Sons. ACPA/ICAA, (2001), Auditing Handbook 2003, Australia, Prentice Hall.

Unit Assessment Breakdown:

Continuous assessment 15%. Final exam 50%. Mid semester exam 35%.

Year	Location	Period	Internal	Area External	Central External
2004	Bentley Campus	Semester 1	Y		Y
2004	Bentley Campus	Semester 2	Y		Y
2004	Dongbei Uni Econs Fin China	Trimester 1A	Y
2004	Dongbei Uni Econs Fin China	Trimester 2A	Y
2004	Dongbei Uni Econs Fin China	Trimester 3A	Y