ACC568 Auditing (8)


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. The concept of risk management is emphasised as it permeates all functions of management, audit and corporate governance.

+ Subject Availability Modes and Location

Session 1
On CampusCSU Study Centre Brisbane
On CampusCSU Study Centre Melbourne
On CampusCSU Study Centre Sydney
Session 2
OnlineWagga Wagga Campus
On CampusCSU Study Centre Brisbane
On CampusCSU Study Centre Melbourne
On CampusCSU Study Centre Sydney
Continuing students should consult the SAL for current offering details: ACC568
Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.

Subject information

Duration Grading System School:
One sessionHD/FLSchool of Accounting and Finance

Assumed Knowledge

Assumed knowledge is equivalent to that which would be gained through completion of  ACC514.

Enrolment restrictions

Postgraduate students only. Not available to students who have completed ACC517.
Incompatible subject(s)

Learning Outcomes

Upon successful completion of this subject, students should:
  • be able to explain and critically evaluate influences on audit and assurance services including: Australian and international professional standards, statutory and common laws, regulatory bodies, and public expectations within a global market;
  • be able to evaluate the expanding scope of assurance services and providers in today's international business environment;
  • be able to demonstrate risk management methodologies and the role of internal controls in an audit context;
  • be able to design an audit plan and select and apply appropriate audit procedures for a financial statement audit; and
  • be able to exercise critical and reflective judgement and appreciate the value of ethical practice.


The subject will cover the following topics:
  • audit and assurance services;
  • professionalism, governance and ethics;
  • legal environments;
  • elements of the financial report audit;
  • risk and risk management;
  • audit risk, materiality and audit evidence;
  • internal control structure and assessment;
  • audit testing methodology;
  • completion, review and reporting obligations; and
  • compliance, performance and other assurance services.


The information contained in the 2018 CSU Handbook was accurate at the date of publication: 13 April 2018. The University reserves the right to vary the information at any time without notice.