ACC517 Auditing & Control Systems (16)
Prerequisite: ACC514
Enrolment Restriction: Postgraduate students only.
This subject adopts a risk-based approach to auditing and assurance services, exploring the practice and theory of auditing as it applies to Australia within a global environment. Topics include: the role and types of auditors; ethics, corporate governance, auditor independence and professional practice; legal responsibilities; audit process; the nature of internal controls and risk management; financial report audits; information system audits, incorporating e-business; and other assurance services, such as performance, quality and forensic audits. The concept of risk management is emphasised as it permeates all functions of management, audit and corporate governance.