AFW3041

Auditing and assurance ( 6 points, SCA Band 2, 0.125 EFTSL)

Leader: Associate Professor Grant Gay

Offered:
Gippsland SA-02 2005 (OCL)
Hong Kong SA-02 2005 (OCL)
Malaysia SA-02 2005 (Day)
Peninsula SA-02 2005 (Day)
Singapore SA-02 2005 (OCL)
Berwick Second semester 2005 (Day)
Gippsland Second semester 2005 (Day)
Gippsland Second semester 2005 (OCL)
Hong Kong Second semester 2005 (OCL)
Malaysia Second semester 2005 (Day)
Peninsula Second semester 2005 (Day)
Singapore Second semester 2005 (OCL)
Gippsland Summer 2005 (OCL)
Hong Kong Summer 2005 (OCL)
Malaysia Summer 2005 (Day)
Peninsula Summer 2005 (Day)
Perth Summer 2005 (Day)
Singapore Summer 2005 (OCL)

Synopsis: Overview of auditing, the auditor's legal liabilities, audit process and evidence, the concepts of materiality and risks, study and evaluation of internal control, EDP auditing, audit sampling techniques, the test of transactions cycles and the verification of account balances, auditors reports, and internal and operational auditing.

Assessment: Distance Education students: Assignments (2000 words): 30% + Examination (3 hours): 70%, Other students: Assignments (2000 words): 25% + Participation: 5% + Examination (3 hours): 70%

Contact Hours: 3 hours per week

Prerequisites: AFW2491 or equivalent