AFC9140

Auditing and accountability

(BUS)

Mr Grant Gay

3-hour session per week + Second semester + Clayton

Synopsis: The role of auditors (external and internal) in the overall accountability process of private and public sector entities. Topics include overview of the audit function and of different types of audits; duties of the external auditor; the auditor0s liability to third parties; the audit process and techniques including planning, compliance testing, substantive testing, detection and reporting of fraud and error; control; risk assessment; audit evidence; analytical procedure and audit sampling; CIS audit; CIS controls and computer-assisted audit techniques; and audit reporting.

Assessment: Written (case study): 20% + Mid-semester test: 20% + Examination (3 hours): 60%