Monash University Business & Economics handbook 1995

Copyright © Monash University 1995
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FIN2161

Statistics for accounting auditing and finance

Dr Peter Pope

6 points * 3 hours per week * First, second semester * Caulfield, Peninsula * Prerequisite: ECM1640

Objectives On completion of this subject students should be able to use and understand the output of statistical applications in the professional environment; design and carry out valid audit samples and to subjectively appraise; statistically evaluate the sample results for audit significance.

Synopsis This subject further develops the statistical concepts from ECM1640 and introduces their application to accounting, specifically, auditing; analysis of the various sampling techniques is emphasised, as is the ability to statistically evaluate the sample results for audit significance.

Assessment Assignment (2000 words): 25% * Test: 15% * Final examination (3 hours): 60%

Prescribed texts

Bailey Jr A D Statistical auditing: Review, concepts and problems Harcourt Brace Jovanovich, 1981


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