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Assurance and Forensic Accounting
Postgraduate | RMI-MPAC110 | 2018
Course information for 2018 intake
Dig further into your financial studies as you explore assurance services and forensics. Outline auditing processes. Articulate the role of forensic accountants and the regulations that govern them. Acquire skills to help you detect fraud.
- Study method
- 100% online
- Assessments
- Subject may require attendance
- Entry requirements
- Part of a degree
- Duration
- 14 weeks
FEE-HELP available
Assurance and Forensic Accounting
About this subject
Upon completion of this subject, you should be able to demonstrate achievement of the following Degree Level Outcomes (CLOs):
- Analyse auditing and assurance related information
- View auditing and assurance services in an international context
- Compare the Australian auditing and assurance environment with the environment of other countries
- Be able to put the auditing and assurance framework in context
- Increase their knowledge base pertaining to auditing and assurance services
- Display technical competence by being familiar with the underlying concepts, objectives and reporting requirements of the auditor
- Understand the tools that the auditor uses and a forensic accountant
- Appreciate the environment in which the auditor operates
- Understand practical audit procedures and fraud detection procedures
- Be able to analyse and identify appropriate audit actions which would be normally undertaken by an auditor
- Effectively communicate business information in the audit context, both in verbal and written form
- Understand the relationship between audit process, accounting standards, forensics and financial reports.
- An Overview of Assurance and Forensic Services in Society
- Crimes Act, other forensic regulations, and auditor's legal liability
- The Auditor's and Forensic Accountant's Report
- Audit Planning, Risk Assessment and Materiality
- IT and Controls Environment
- Designing Substantive Procedures
- Substantive Procedures Application: Auditing Sales and Receivables
- Fraud Detection and Analysis I
- Fraud Detection and Analysis II
- Financial Statement Fraud I
- Financial Statement Fraud II
- Completing the Audit
Please note: This subject was previously titled Assurance Services and Regulation.
This subject aims to develop practical skills and has a research emphasis building on the use of the existing body of knowledge in assurance services, forensics and regulation. The materials covered include professional pronouncements, research papers and audit and forensic literature.
The subject aims to develop both research and practical skills. You need to develop the ability to answer research and practical questions, which may require analytical and problem solving skills. An auditor and forensic accountant in undertaking an investigation requires these skills. Communication and presentation skills are expected to be enhanced both in written and verbal form. Teaching and assessment methods have been designed to encourage the development of these skills and you are expected to utilise these research skills in order to undertake the major research related activity, and to be able to satisfactorily complete the examination.
- Online Quiz (20%)
- Research Project (30%)
- Invigilated Exam (50%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
To enrol in this subject, you must be admitted into a degree.
Prior study
To help set you up for success before you start this subject, we suggest completing or having equivalent knowledge in:
Additional requirements
No additional requirements
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.