Offered

South Africa First semester 2008 (Day)

Synopsis

An introduction to auditing covering the responsibility, functions and qualities of the auditor, statutory matters, professional and ethical responsibilities and corporate governance. The audit process, fraud and error, audit evidence, engagement and planning, internal control and substantive procedures, completion of the audit and special audit investigations.

Objectives

The learning objectives of this unit are to:

• describe the responsibilities, functions and qualities of the auditor;
• explain and discuss the professional and ethical responsibilities of the auditor;
• consider the responsibilities of the auditor with respect to corporate governance;
• justify statutory matters pertaining to auditors;
• apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with auditing.

Assessment

Within semester assessment: 30%
Examination (3 hours): 70%