18 NQF credits at level 7
Course convener: D McGregor
Course entry requirements: A pass in ACC2018S Corporate Governance I , INF2004F, and a pass in, or
concurrent registration with, ACC2012W Financial Reporting II or ACC2114W Financial Reporting II .
On successful completion of the course the student will have an understanding of the principles and
rationale of auditing and the ability to solve basic practical problems.
The Nature of Auditing: History, Development, Nature and Objectives, Reporting responsibilities,
Standards; The Audit Process: Materiality, Audit Risk, Audit Testing, Analytical Review, Audit
Evidence; Planning and Control, Working Papers; Auditing Procedures: Evaluating and Concluding
on the Audit: The Auditor's Report. The Auditing Profession: Qualifications, Ethics,
Responsibilities, Standards, Regulations; Related Topics: Statistical Sampling, Reliance on Other
Auditors, Using the Work of a Specialist, Internal Auditors, Negligence and Legal Liability, Quality
Attendance at a minimum of 75% of tutorials AND a weighted average of 40% for class tests
(excluding objective tests) AND a weighted average of 40% for assignments.
Last updated : 10 Apr 2017