AFX4050 - Issues in auditing and assurance

Leader: Dr Robyn Moroney

Offered

Caulfield First semester 2007 (Day)
Clayton First semester 2007 (Day)

Synopsis

This unit considers both theoretical and professional issues relevant to the various participants to the audit process. The unit provides students with an overview of the nature of assurance and regulation of the audit profession, the economics of auditing, and the behavioural dimensions of auditing. Topics also include future directions for assurance services, fraud, internal control and corporate governance issues.

Objectives

The learning objectives of this unit are to:

• discuss research paradigms in auditing and assurance research;
• describe the range of methods of decision making in auditing;
• critically evaluate empirical research and identify major research questions in auditing and assurance including audit quality, internal control, fraud and corporate governance;
• apply critical thinking, problem solving and presentation skills in individual and/or group activities dealing with issues in auditing and assurance.

Assessment

Class presentations: 20%; Assignments (3000 words): 30%; Examination (3 hours): 50%

Contact hours

3-hour session per week

Prerequisites

AFF3631, AFC3160 or equivalent unit. Enrolment in an honours or masters program offered by the Faculty of Business and Economics

Prohibitions

AFC4160