AFX3631

Auditing

(BUS)

Mr Gurdarshan Gill

6 points + 3 hours per week + First, second semester + Caulfield, Peninsula + Prerequisite: AFX2491

Synopsis: Nature and objectives of auditing, auditing standards, auditors0 responsibilities, professional ethics and auditor independence, audit objectives, planning the audit, analytical review procedures, understanding the internal control structure and assessing control risk and detection risk, preliminary audit strategies and design of substantive tests, auditing in a CIS environment, auditing the transaction cycles and performing substantive procedures, completing the audit and post audit responsibilities, audit reporting, other reports and services.

Assessment: Multiple-choice tests: 20% + Continuous assessment presentations: 20% + Examination: 60%