Advanced auditing and professional practice
Associate Professor Gurdarshan S. Gill, Professor Ferdinand Gul
6 points 39 hours per semester * First, second, summer semester * Caulfield, Sydney, Singapore, Hong Kong (not offered in all locations in all semesters)
Objectives On completion of this subject students should have developed an understanding of the philosophical basis and the concepts underlying the theory of auditing; the auditor' s role in society; the ethical conduct of the auditor; current issues in auditing and audit technology; audit reporting problems faced by the auditor; the behavioural dimensions and the psychological basis for decision making by auditors.
Synopsis Seminars to guide participants to have knowledge of the theory and practice of the auditor's role in society; audit expectation gap; legal liability issues; ethics and the accountant; issues of audit independence; auditor switching; internal control; risk assessment; audit delay and the behavioural dimensions of auditing.
Assessment Class presentation and case studies: 30% * Research report (2500 words): 20% * Final examination (2 hours): 50%
Prescribed texts
Mautz R K and Sharaf H A The philosophy of auditing American Accounting Association, 1961