Postgraduate - UnitACF5957 - Auditing and assurance

The learning goals associated with this unit are to:

1. explain and debate the role, limitations and demand for audits in modern corporate society, and give examples of the professional, ethical and legal obligations, and the standards and principles applicable to the audit profession
2. distinguish between the different types and levels of assurance services provided by professional practitioners, including auditors, and describe the assurance framework
3. examine the auditor's role in corporate governance with particular emphasis on assessment of internal controls and the detection and reporting of fraud and error
4. identify, distinguish between and apply the key evidence gathering procedures used by auditors when planning, testing, completing the audit and forming an audit opinion
5. demonstrate an ability to work independently and to lead and participate in teams from diverse cultural and social backgrounds in independent and group assessable tasks
6. apply critical thinking, problem solving and presentation skills to individual and / or group activities dealing with auditing and assurance and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by ACF5957.