Availabilities:

LocationDomesticInternational
Gold Coast
Term1,3,5
Term1,3,5
MelbourneN/A
Online
Term1,3,5
N/A
Papua New Guinea - IBSU Port MoresbyN/A
PerthN/A
SydneyN/A

Unit description

Introduces students to the concepts and practice of auditing, the way the profession has developed and the way the profession is meeting current business and social needs. In addition, the use of statistical techniques and EDP systems in auditing will be reviewed.

Unit content

Module 1: Overview of audit, assurance and professional ethics

Module 2: Risk assessment and audit strategy

Module 3: Audit evidence and sampling

Module 4: Understanding the client's internal controls and tests of controls

Module 5: Substantive audit procedures and testing

Module 6: Completing and reporting the audit

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.

On completion of this unit, students should be able to:
1understand and apply key auditing standards, ethical code and quality control requirements for audit and assurance engagements within a business entity
2analyse the significance of materiality and risk in the audit process for gathering evidence and form audit strategy
3discuss the client’s internal controls in the audit process
4analyse audit processes to conduct audit and conclude audit opinions.

On completion of this unit, students should be able to:

  1. understand and apply key auditing standards, ethical code and quality control requirements for audit and assurance engagements within a business entity
  2. analyse the significance of materiality and risk in the audit process for gathering evidence and form audit strategy
  3. discuss the client’s internal controls in the audit process
  4. analyse audit processes to conduct audit and conclude audit opinions.

Prescribed texts

  • Prescribed text information is not currently available.

  • Prescribed text information is not currently available.

  • Prescribed text information is not currently available.

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

Teaching and assessment

Teaching method
Structured online learning
Assessment
Progressive reflective journal30%
Case study20%
Exam: open book50%
Notice

Intensive offerings may or may not be scheduled in every teaching period. 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 teaching period.

Fee information

Domestic

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

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.

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