AFX4120 - Assurance, governance and fraud

Leader: Mr Peter Carey

Offered

Caulfield Second semester 2007 (Day)

Synopsis

This unit considers both theoretical and practical issues relevant to the various participants to the audit process. The unit provides students with an overview of the assurance framework, the audit process, computer assisted audit techniques and issues related to corporate governance. Topics also include triple bottom line reporting, financial statement fraud, within firm fraud and fraud detection techniques.

Objectives

The learning objectives of this unit are to:

• analyse the audit and assurance process by working through a detailed case study;
• outline the corporate governance framework including an overview of various elements of that framework including audit committees, control and risk management, internal audit and ethics;
• explain fraud detection techniques;
• apply critical thinking, problem solving and presentation skills in individual and/or group activities dealing with assurance, governance and fraud issues.

Assessment

Class presentations and case studies: 10%
Group Assignments (3000 words): 30%
Examination (3 hours): 60%

Contact hours

3 hours per week

Prerequisites

AFF3631 or AFC3160 or AFX5621 or equivalent unit. Enrolment in an honours or masters program offered by the Faculty of Business and Economics

Prohibitions

AFF5120