Credit Points 10

Legacy Code 200535

Coordinator Ildiko Volcz Opens in new window

Description The role of the auditor is significant in providing financial information about an organisation and the performance of management. Shareholders and other stakeholders require this information to make investment and other decisions. An auditor provides assurance or a conclusion about a company’s financial situation which is intended to give confidence to stakeholders. In this subject, students examine the roles and responsibilities of the auditor, auditing principles and standards and the application of those standards, particularly in an electronic environment.

School Business

Discipline Accounting

Student Contribution Band HECS Band 4 10cp

Check your HECS Band contribution amount via the Fees page.

Level Undergraduate Level 3 subject

Pre-requisite(s) ACCT 3007

Assumed Knowledge

A basic knowledge of computing.

Learning Outcomes

On successful completion of this subject, students should be able to:

1. Communicate the importance of assurance services in business and in society as a whole
2. Analyse the auditing processes and standards for financial reporting.
3. Apply key auditing concepts and principles in problem-solving scenarios
4. Apply sound ethical decision-making techniques in dealing with a range of ethical dilemmas
5. Justify solutions to contemporary auditing issues 

Subject Content

1. Audit philosophies and principles
2. Audit regulations and professional requirements
3. Audit applications
4. The audit cycle including the electronic environment