Unit aim
Exposes the student to compliance and substantive audit testing techniques. Exposure to these techniques in a computing environment is available. The documentation of audit work and the accumulation of audit evidence is discussed, particularly in the context of cases. Students will be exposed to the auditing of entities other than public companies.
Unit content
The syllabus comprises the completion of a number of activities designed to cover a variety of topics (and objectives) rather than a single topic per week. This design reflects the nature of auditing & assurance problems likely to be encountered in the workplace. Assessment tasks have been designed to scaffold development of professional research skills and exercise of professional judgment.
The dynamic nature of the unit means that you are encouraged to develop strategies for identifying auditing issues as they arise. This is important so you gain an appreciation of being able to respond to issues as professionals so you can offer timely advice to your employer or clients.
You will explore topics that were covered, sometimes briefly, in Auditing, and others from a very different perspective. For e.g., and depending on choices you have to make, topics may include (but not be limited to):
- Auditor independence
- Public Sector auditing
- Environmental auditing
- International auditing issues
- Legal liability of auditors
- Audit planning
- Materiality
- Audit risk model
- Audit evidence and testing
- Audit reporting
Learning outcomes
Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.
Learning outcomes and graduate attributes
| On completion of this unit, students should be able to: | GA1 | GA2 | GA3 | GA4 | GA5 | GA6 | GA7 | |
|---|---|---|---|---|---|---|---|---|
| 1 | reflect on your learning activities | Intellectual rigour | Ethical practice | Lifelong learning | ||||
| 2 | document evidence from audit procedures on workpapers | Intellectual rigour | Ethical practice | Knowledge of a discipline | Lifelong learning | Communication and social skills | ||
| 3 | evaluate the evidence documented on workpapers | Intellectual rigour | Ethical practice | Knowledge of a discipline | Communication and social skills | |||
| 4 | critically discuss current and public sector auditing events | Intellectual rigour | Knowledge of a discipline | Lifelong learning | Communication and social skills | |||
| 5 | orally present your research findings on an auditing issue. | Intellectual rigour | Creativity | Ethical practice | Knowledge of a discipline | Lifelong learning | Communication and social skills | |
Prescribed texts
Session 2
- This text is necessary for you to complete Assessment Task #5: Paul, JW, 2005, Peach Blossom Cologne Company Audit Case, 4th edn, McGraw Hill, USA.
Teaching and assessment
Online
| Teaching method |
| Structured online learning 2 hours (12 weeks) |
| Assessment | |
| Learning Reflection Journal | 10% |
| Wiki Case Study | 10% |
| Wiki Monitoring Issues | 10% |
| Issue Wiki Research and Presentation | 30% |
| Case study | 40% |
Fee information
Domestic
Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2017 Commonwealth Supported only. Student contribution band: 3
Fee paying courses
For POSTGRADUATE or UNDERGRADUATE full fee paying courses please check Domestic Postgraduate Fees OR Domestic Undergraduate Fees
International
Please check the international course and fee list to determine the relevant fees.