Authorised by Academic Registrar, April 1996
Objectives On completion of this subject students should be able to use and understand the output of statistical applications in the professional environment; design and carry out valid audit samples and to subjectively appraise; statistically evaluate the sample results for audit significance.
Synopsis This subject further develops the statistical concepts from ECM1640 and introduces their application to accounting - specifically auditing. Analysis of the various sampling techniques is emphasised as is the ability to statistically evaluate the sample results for audit significance.
Assessment Assignment: 25% + Test: 15% + Examination (2 hours): 60% + Students must pass the examination in order to pass the subject. + The final mark that a student receives for the subject will be determined by the subject leader taking into account all aspects of assessment.