Availabilities:

LocationDomesticInternational
Gold CoastSession 3Session 3
MelbourneN/ASession 3
OnlineSession 3Session 3
Papua New Guinea - Air NiuginiN/ASession 3
PerthN/ASession 3
SydneyN/ASession 3

Unit aim

Covering of ethical and quality control issues, the assurance framework encompasses auditing, review and agreed-upon procedures, with different levels of assurance provided for each to meet the requirements of users/clients. The main focus will be on the audit - an independent examination of the financial information prepared by the management of an entity. The impact of materiality and risk on evidence gathering and documentation requirements which support the opinion are introduced.

Unit content

This unit comprises four modules. The list below shows in brackets, the recommended number of weeks for the Introduction and each module as well as content for each module: 

Module 1: Overview, client acceptance and evidence (3 weeks):

• Introduction and perception with Overview

• Ethics, legal liability & client acceptance 

Module 2: Planning and sampling (3 weeks):

• Understanding the client (what to look out for)

• Assessing audit risk & materiality (using what you find)

• Evidence & workpapers (Types of procedures & sampling)

Module 3: Execution, controls and substantive strategy (4 weeks):

• Understanding (the design of) internal controls

• Testing internal controls operate effectively

• Significance of substantive procedures

• Testing transactions & balances

Module 4: Concluding and reporting (1 week):

• Completing the audit, documentation & reporting the audit opinion

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

Prescribed texts

Session 3

  • Prescribed text information is not currently available.
Prescribed texts may change in future study periods.

Teaching and assessment

Gold Coast

Teaching method
Lecture online 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Discussion board5%
Discussion Board/wiki25%
Discussion Board/wiki20%
Exam: closed book50%

Melbourne

Teaching method
Tutorial on-site 2 hours (12 weeks)
Lecture online 1 hour (12 weeks)
Assessment
Discussion board5%
Discussion Board/wiki25%
Discussion Board/wiki20%
Exam: closed book50%

Online

Teaching method
Lecture online 1 hour (12 weeks)
Assessment
Discussion board5%
Discussion Board/wiki25%
Discussion Board/wiki20%
Exam: closed book50%

Papua New Guinea - Air Niugini

Teaching method
Structured online learning
Assessment
Discussion board5%
Discussion Board/wiki25%
Discussion Board/wiki20%
Exam: closed book50%

Perth

Teaching method
Lecture online 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Discussion board5%
Discussion Board/wiki25%
Discussion Board/wiki20%
Exam: closed book50%

Sydney

Teaching method
Tutorial on-site 2 hours (12 weeks)
Lecture online 1 hour (12 weeks)
Assessment
Discussion board5%
Discussion Board/wiki25%
Discussion Board/wiki20%
Exam: closed book50%
Notice

Intensive offerings may or may not be scheduled in every session. Please refer to the timetable for further details.

Southern Cross University employs different teaching methods within units to provide students with the flexibility to choose the mode of learning that best suits them. SCU academics strive to use the latest approaches and, as a result, the learning modes and materials may change. The most current information regarding a unit will be provided to enrolled students at the beginning of the study session.

Fee information

Domestic

Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2018 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.