Available in 2012
|Sydney Bathurst Street||Semester 1, Semester 2|
Previously offered in 2013, 2011, 2010, 2009, 2008
This course is structured within the framework of the audit risk model and thus begins with a discussion of the main components of that model - inherent risk, control risk and detection risk. Topics covered include the auditor's legal liabilities, the audit process and evidence, the concept of materiality, the study and evaluation of internal control, EDP auditing, and audit sampling techniques.
On successful completion of this course, students will be able to:
1. Demonstrate an appreciation of the conceptual underlying theory of auditing;
2. Exhibit an understanding of the legal, ethical and societal role and responsibilities of the auditor;
3. Demonstrate an awareness of professional auditing techniques;
4. Illustrate insight into contemporary auditing and assurance issues.
The course introduces students to the major conceptual and technical aspects of auditing. Emphasis is placed on financial statement audits conducted under the Corporations Law. Provides insight into other types of audit and assurance activities. Emphasises the risk-based approach to auditing.
PACC6000 Financial Accounting 1
Modes of Delivery
Lecture: for 2 hour(s) per Week for Full Term
Tutorial: for 1 hour(s) per Week for Full Term