ACCT346-20S1 (C) Semester One 2020

Auditing

15 points

Details:
Start Date: Monday, 17 February 2020
End Date: Sunday, 21 June 2020
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Friday, 28 February 2020
  • Without academic penalty (including no fee refund): Friday, 29 May 2020

Description

The need for and the nature of auditing; knowledge base about audit theory and method; skills needed for the practice of auditing; issues confronting the auditing profession.

This course examines the need for and nature of auditing, including its context. It focuses on both auditing principles and practice, including statutory requirements; auditing standards, guidelines, and other professional pronouncements; professional liability and ethics; auditor communications; audit risk; audit planning; internal control; audit evidence; audit procedures; and issues confronting the auditing profession. It aims to provide students with a conceptual framework from which to analyse and address practical problems. It also seeks to develop generic skills relevant to the practice of auditing, including effective communication, analytical and critical thinking, and problem solving.
An essential part of the performance of an audit is the exercise of judgement. The development of judgement in auditing emerges from participation and experience, for which this course is not a substitute. However, students should aim to be able to apply the information learnt and to be able to develop a solution to factual auditing problems.

Learning Outcomes

Having engaged in learning during the course, students will be able to demonstrate an understanding (e.g. explain, discuss, apply and, where appropriate, evaluate) of:

1. Demonstrate an understanding of the nature, purpose, and context of external audits, including theory, current issues, and other factors that influence auditing.
2. Demonstrate an understanding of an auditor’s professional, legal, and ethical responsibilities; and to analyse and report on case situations.
3. Demonstrate expertise in aspects of the audit process, such as identifying audit risk, preparing components of an audit plan, evaluating internal control systems, preparing audit reports for various audit outcomes, interpreting and explaining different types of audit report, and applying auditing standards.

University Graduate Attributes

This course will provide students with an opportunity to develop the Graduate Attributes specified below:

Critically competent in a core academic discipline of their award

Students know and can critically evaluate and, where applicable, apply this knowledge to topics/issues within their majoring subject.

Employable, innovative and enterprising

Students will develop key skills and attributes sought by employers that can be used in a range of applications.

Pre-requisites

Restrictions

ACIS346, AFIS306, AFIS346, AFIS506.

Recommended Preparation

Timetable 2020

Students must attend one activity from each section.

Lecture A
Activity Day Time Location Weeks
01 Tuesday 09:00 - 11:00 - (24/3, 21/4-26/5)
A2 Lecture Theatre (18/2-17/3)
17 Feb - 29 Mar
20 Apr - 31 May
Tutorial A
Activity Day Time Location Weeks
01 Thursday 16:00 - 17:00 24 Feb - 22 Mar
20 Apr - 31 May
02 Thursday 13:00 - 14:00 24 Feb - 22 Mar
20 Apr - 31 May
03 Thursday 14:00 - 15:00 24 Feb - 22 Mar
20 Apr - 31 May
04 Friday 13:00 - 14:00 24 Feb - 22 Mar
20 Apr - 31 May
05 Thursday 11:00 - 12:00 24 Feb - 22 Mar
20 Apr - 31 May
06 Thursday 10:00 - 11:00 24 Feb - 22 Mar
20 Apr - 31 May
07 Thursday 09:00 - 10:00 24 Feb - 22 Mar
20 Apr - 31 May
08 Thursday 15:00 - 16:00 24 Feb - 22 Mar
20 Apr - 31 May

Examination and Formal Tests

Test A
Activity Day Time Location Weeks
01 Friday 09:00 - 21:00 20 Apr - 26 Apr

Course Coordinator

Richard Fisher

Lecturer

Rob Vosslamber

Assessment

Assessment Due Date Percentage 
Tutorial Quizzes 5%
Project 13 May 2019 15%
Test 25%
Final Exam 55%

Textbooks / Resources

Required Texts

Leung, Philomena; Modern Auditing and Assurance Services; 6th ed; (Correct ISBN: 9781118615249 (print)).

Course links

Learn

Indicative Fees

Domestic fee $822.00

International fee $3,688.00

* Fees include New Zealand GST and do not include any programme level discount or additional course related expenses.

For further information see Department of Accounting and Information Systems on the department and colleges page.

All ACCT346 Occurrences

  • ACCT346-20S1 (C) Semester One 2020