ACC331 Auditing and Assurance Services (8)
CSU Discipline Area: Accounting (ACCOU)
Duration: One session
Abstract:
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. Emphasis is placed on the application of auditing concepts to financial statement audits.
+ Subject Availability Modes and Locations
| Session 1 | |
|---|---|
| Internal | Albury-Wodonga |
| Internal | Bathurst |
| Internal | CSU Study Centre Melbourne |
| Internal | CSU Study Centre Sydney |
| Internal | Dubbo |
| Internal | HELP University College |
| Internal | Port Macquarie |
| Internal | Wagga Wagga |
| Distance | Wagga Wagga | Session 2 |
| Internal | CSU Study Centre Sydney |
| Distance | Wagga Wagga | Session 3 |
| Distance | Bathurst |
Continuing students should consult the SAL for current offering details: ACC331
Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.
Assumed Knowledge:
Enrolment restrictions:
Students who have successfully completed RMBU 3644 (equivalent Sydney University Orange Campus subject) are eligible to enrol as they have met the pre requisite requirements.
Not available to students who have completed ACC381 .
Objectives:
Upon successful completion of this subject, students should:
- Be able to comprehend and describe the role of assurance services and providers;
- Be able to explain the influences on the audit processes, including the Corporations Act, Common Law, Australian and International professional standards, professional bodies and public expectations within a global market;
- Be able to appraise the client's business environment and apply the risk model;
- Be able to explain, select and apply procedures involved in the audit process;
- Be able to relate the expanding scope of auditing to today's international business environment.
Syllabus:
The subject will cover the following topics:
- The role of auditing and ethical decision making
- Overview of assurance concepts and the audit process
- Audit planning
- Audit evidence
- Audit sampling
- Internal control
- Substantive procedures - tests of transactions and balances
- Completing the audit
- Reporting obligations
The information contained in the 2013 CSU Handbook was accurate at the date of publication: 24 April 2013. The University reserves the right to vary the information at any time without notice.