ACCT 3006 Auditing and Assurance Services

Credit Points 10

Legacy Code 200535

Coordinator Rina Datt 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 fees 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

Assessment

The following table summarises the standard assessment tasks for this subject. Please note this is a guide only. Assessment tasks are regularly updated, where there is a difference your Learning Guide takes precedence.

Type Length Percent Threshold Individual/Group Task
Portfolio Semester long - equivalent to 1,000 10 N Individual
Case Study 2000 words 20 N Individual
Quiz 1 hour (per quiz) 20 N Individual
Final Exam 2 hours 50 Y Individual

Prescribed Texts

  • Moroney, R, Campbell, F & Hamilton, J, Auditing: a practical approach, Wiley, Milton, Qld. (Latest edition)

Teaching Periods

Sydney City Campus - Term 2 (2023)

Sydney City

On-site

Subject Contact Rina Datt Opens in new window

View timetable Opens in new window

Spring (2023)

Parramatta City - Macquarie St

On-site

Subject Contact Rina Datt Opens in new window

View timetable Opens in new window

WSU Online TRI-3 (2023)

Wsu Online

Online

Subject Contact Rina Datt Opens in new window

View timetable Opens in new window

Sydney City Campus - Term 3 (2023)

Sydney City

On-site

Subject Contact Rina Datt Opens in new window

View timetable Opens in new window

Autumn (2024)

Parramatta City - Macquarie St

On-site

Subject Contact Rina Datt Opens in new window

View timetable Opens in new window

Sydney City Campus - Term 1 (2024)

Sydney City

On-site

Subject Contact Neelam Goela Opens in new window

View timetable Opens in new window

WSU Online TRI-2 (2024)

Wsu Online

Online

Subject Contact Rina Datt Opens in new window

View timetable Opens in new window

Sydney City Campus - Term 2 (2024)

Sydney City

On-site

Subject Contact Rina Datt Opens in new window

View timetable Opens in new window

Spring (2024)

Parramatta City - Macquarie St

On-site

Subject Contact Rina Datt Opens in new window

View timetable Opens in new window

Sydney City Campus - Term 3 (2024)

Sydney City

On-site

Subject Contact Rina Datt Opens in new window

View timetable Opens in new window