Auditing

• • 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)

Next study term: 11 Jul 21 to 17 Oct 21