ACC5AAS

ADVANCED AUDITING AND ASSURANCE SERVICES

ACC5AAS

2017

Credit points: 15

Subject outline

This subject seeks to enhance your understanding of the nature and purpose of auditing and the responsibilities of auditors in fulfilling their duties in the context of reporting quality information to stakeholders. You will explore underlying concepts and objectives of auditing, including the role of auditors in governance and sustainability.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorBiserka Siladi

Available to Study Abroad StudentsNo

Subject year levelYear Level 5 - Masters

Exchange StudentsNo

Subject particulars

Subject rules

Prerequisites ACC5AFM and ACC5FAS

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditionsN/A

Learning resources

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsTo be advisedPrescribedTo be advisedTo be advised

Graduate capabilities & intended learning outcomes

01. Understand and explain the underlying concepts and functions of auditing and assurance services.

Activities:
Lecture and tutorials
Related graduate capabilities and elements:
Literacies and Communication Skills(Writing)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Personal and Professional Skills(Teamwork including leadership and working in groups,Ethical behaviour)
Personal and Professional Skills(Teamwork including leadership and working in groups,Ethical behaviour)
Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)

02. Discuss the nature of ethics and governance in auditing and assurance services.

Activities:
Lecture and tutorials
Related graduate capabilities and elements:
Literacies and Communication Skills(Writing)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Personal and Professional Skills(Teamwork including leadership and working in groups,Ethical behaviour)
Personal and Professional Skills(Teamwork including leadership and working in groups,Ethical behaviour)
Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)

03. Identify and evaluate circumstances of audit risk and business risk.

Activities:
Lecture and tutorials
Related graduate capabilities and elements:
Literacies and Communication Skills(Writing)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Personal and Professional Skills(Teamwork including leadership and working in groups,Ethical behaviour)
Personal and Professional Skills(Teamwork including leadership and working in groups,Ethical behaviour)
Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)

04. Understand the internal control testing procedures.

Activities:
Lecture and tutorials
Related graduate capabilities and elements:
Literacies and Communication Skills(Writing)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Personal and Professional Skills(Teamwork including leadership and working in groups,Ethical behaviour)
Personal and Professional Skills(Teamwork including leadership and working in groups,Ethical behaviour)
Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)

05. Describe the process of finalizing the audit

Activities:
Lecture and tutorials
Related graduate capabilities and elements:
Literacies and Communication Skills(Writing)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Personal and Professional Skills(Teamwork including leadership and working in groups,Ethical behaviour)
Personal and Professional Skills(Teamwork including leadership and working in groups,Ethical behaviour)
Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)

06. Discuss the auditors# role in providing assurance on a variety of services.

Activities:
Lecture and tutorials
Related graduate capabilities and elements:
Literacies and Communication Skills(Writing)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Personal and Professional Skills(Teamwork including leadership and working in groups,Ethical behaviour)
Personal and Professional Skills(Teamwork including leadership and working in groups,Ethical behaviour)
Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)

Subject options

Select to view your study options…

Start date between: and    Key dates

Melbourne, 2017, Semester 1, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorBiserka Siladi

Class requirements

LectureWeek: 10 - 22
One 2.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

TutorialWeek: 11 - 22
One 1.0 hours tutorial per week on weekdays during the day from week 11 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments%ILO*
Semester Test (1 h)2001, 02, 03, 04, 05, 06
Group Assignment (1500 words per student, in pairs)2001, 02, 03, 04, 05, 06
one 2-hour final examinationStudents must achieve at least 45% on the final examinations as well as an overall total of 50% to pass the subject6001, 02, 03, 04, 05, 06

Melbourne, 2017, Semester 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorBiserka Siladi

Class requirements

TutorialWeek: 32 - 43
One 1.0 hours tutorial per week on weekdays during the day from week 32 to week 43 and delivered via face-to-face.

LectureWeek: 31 - 43
One 2.0 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Assessments

Assessment elementComments%ILO*
Semester Test (1 h)2001, 02, 03, 04, 05, 06
Group Assignment (1500 words per student, in pairs)2001, 02, 03, 04, 05, 06
one 2-hour final examinationStudents must achieve at least 45% on the final examinations as well as an overall total of 50% to pass the subject6001, 02, 03, 04, 05, 06

Sydney, 2017, Study Period 1, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorBiserka Siladi

Class requirements

LectureWeek: 10 - 22
One 2.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

TutorialWeek: 11 - 22
One 1.0 hours tutorial per week on weekdays during the day from week 11 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments%ILO*
Semester Test (1 h)2001, 02, 03, 04, 05, 06
Group Assignment (1500 words per student, in pairs)2001, 02, 03, 04, 05, 06
one 2-hour final examinationStudents must achieve at least 45% on the final examinations as well as an overall total of 50% to pass the subject6001, 02, 03, 04, 05, 06

Sydney, 2017, Study Period 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorBiserka Siladi

Class requirements

LectureWeek: 31 - 42
One 2.0 hours lecture per week on weekdays during the day from week 31 to week 42 and delivered via face-to-face.

TutorialWeek: 32 - 42
One 1.0 hours tutorial per week on weekdays during the day from week 32 to week 42 and delivered via face-to-face.

Assessments

Assessment elementComments%ILO*
Semester Test (1 h)2001, 02, 03, 04, 05, 06
Group Assignment (1500 words per student, in pairs)2001, 02, 03, 04, 05, 06
one 2-hour final examinationStudents must achieve at least 45% on the final examinations as well as an overall total of 50% to pass the subject6001, 02, 03, 04, 05, 06

Sydney, 2017, Study Period 3, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorBiserka Siladi

Class requirements

Lecture
One 2.0 hours lecture per week on weekdays during the day and delivered via face-to-face.

Tutorial
One 1.0 hours tutorial per week on weekdays during the day and delivered via face-to-face.

Assessments

Assessment elementComments%ILO*
Semester Test (1 h)2001, 02, 03, 04, 05, 06
Group Assignment (1500 words per student, in pairs)2001, 02, 03, 04, 05, 06
one 2-hour final examinationStudents must achieve at least 45% on the final examinations as well as an overall total of 50% to pass the subject6001, 02, 03, 04, 05, 06