Undergraduate TAS-BFA303-2021
Auditing
$2,702 $0
Your upfront cost: $0
Duration
14 weeks
Study method
100% online
Available loans
- HECS-HELP
- FEE-HELP
Assessments
Subjects may require attendance
Prior study
Not required
Study terms
- 24 May 2021
- 12 Jul 2021
QS RANKING 2021
19
Times Higher Education Ranking 2021
25
Subject details
Upon completion of this subject, the student should be able to:
- Interpret and explain auditing concepts, principles and the regulatory, ethical and institutional framework of auditing
- Analyse risk, plan and apply appropriate audit procedures, and evaluate the evidence derived to form an audit opinion
- Work independently and cooperatively to communicate arguments
-
- 1. Week 1 Introduction and overview of audit and assurance
- 1.1) Chapter 1
- 2. Week 2 Ethics, legal liability and client acceptance
- 2.1) Chapter 2
- 3. Week 3 Risk assessment part 1
- 3.1) Chapter 3
- 4. Week 4 Risk assessment part 2
- 4.1) Chapter 4
- 5. Week 5 Audit evidence
- 5.1) Chapter 5
- 6. Week 6 Gaining an understanding of the client’s system of internal controls
- 6.1) Chapter 6
- 7. Week 7 Sampling and an overview of the risk response phase of the audit
- 7.1) Chapter 7
- 8. Week 8 Execution of the audit: tests of controls
- 8.1) Chapter 8
- 8.2) Test held in usual workshop time in week 8
- 9. Week 9 Execution of the audit: performing substantive procedures
- 9.1) Chapter 9
- 10. Week 10 Substantive testing and balance sheet accounts
- 10.1) Chapter 10
- 11. Week 11 Substantive testing and income statement accounts
- 11.1) Chapter 11
- 11.2) Team Assignment Report due at 5.00 pm on Friday 15 May 2020
- 12. Week 12 Completing and reporting on the audit
- 12.1) Chapter 12
No eligibility requirements
Special requirements
No special requirements
The rise of digital technology in the modern economy has seen the need for knowledge and skills in relation to Information Technology (IT) and Information Systems (IS) becoming crucial, central and critical components of any business related degree program. There is a need for business students to exhibit their understanding of IS and IT and its application in a business environment. This subject provides an introduction to the fundamentals of managing information systems - with the particular focus on the Accountant’s perspective. It covers the key accounting systems and processes which support an organisation's business and enhance decision-making capabilities. The strategic implications of information systems will be analysed, and students will be introduced to the development, implementation, and maintenance of various types of accounting information systems. Students will gain a foundational understanding of the underlying information technologies and topics covered including emerging technologies and business models technologies. Students will interact with popular accounting information systems during the subject.
- Mid-Semester Test (20%)
- Closed Book Exam (50%)
- Team Project Report (20%)
- Workshop Tasks (10%)
Current study term: 23 May 21 to 22 Aug 21)
Check the learning management system (LMS) of your university for textbook details.
Next study term: 11 Jul 21 to 17 Oct 21
Check the learning management system (LMS) of your university for textbook details.
Related degrees
Undergraduate TAS-BUS-DEG-2021
Bachelor of Business
- Accounting major
- Finance major
- Human resource management major
- Management major
- Marketing major
- Business Economics