ADVANCED AUDITING AND ASSURANCE SERVICES

ACC5AAS

2018

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

PrerequisitesN/A

Co-requisites ACC5CRE

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditions Core in courses: LMAFM, LMPACBA, LMPACPA, LMPACIS, LZFAPA, LMPAC, LMPASY

Readings

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

Graduate capabilities & intended learning outcomes

01. Demonstrate an understanding of the role of the auditors by explaining the different types of audit and assurance services.

Activities:
Lecture and tutorials
Related graduate capabilities and elements:
Literacies and Communication Skills
Inquiry and Analytical Skills
Inquiry and Analytical Skills
Inquiry and Analytical Skills
Personal and Professional Skills
Personal and Professional Skills
Discipline -Specific Knowledge and Skills

02. Identify the ethical issues for the audit professional and propose an appropriate course of action to resolve any dilemmas.

Activities:
Lecture and tutorials
Related graduate capabilities and elements:
Literacies and Communication Skills
Inquiry and Analytical Skills
Inquiry and Analytical Skills
Inquiry and Analytical Skills
Personal and Professional Skills
Personal and Professional Skills
Discipline -Specific Knowledge and Skills

03. Critically evaluate the impact of risk and materiality in conducting a financial statement audit.

Activities:
Lecture and tutorials
Related graduate capabilities and elements:
Literacies and Communication Skills
Inquiry and Analytical Skills
Inquiry and Analytical Skills
Inquiry and Analytical Skills
Personal and Professional Skills
Personal and Professional Skills
Discipline -Specific Knowledge and Skills

04. Analyse and evaluate the internal controls and substantive testing procedures in conducting a financial statement audit.

Activities:
Lecture and tutorials
Related graduate capabilities and elements:
Literacies and Communication Skills
Inquiry and Analytical Skills
Inquiry and Analytical Skills
Inquiry and Analytical Skills
Personal and Professional Skills
Personal and Professional Skills
Discipline -Specific Knowledge and Skills

05. Critically evaluate the evidence gathered during the auditing process and propose an appropriate audit opinion.

Activities:
Lecture and tutorials
Related graduate capabilities and elements:
Literacies and Communication Skills
Inquiry and Analytical Skills
Inquiry and Analytical Skills
Inquiry and Analytical Skills
Personal and Professional Skills
Personal and Professional Skills
Discipline -Specific Knowledge and Skills

06. Interpret the relevant auditing standards and statutory provisions and apply them appropriately to the relevant audit situation.

Activities:
Lecture and tutorials
Related graduate capabilities and elements:
Literacies and Communication Skills
Inquiry and Analytical Skills
Inquiry and Analytical Skills
Inquiry and Analytical Skills
Personal and Professional Skills
Personal and Professional Skills
Discipline -Specific Knowledge and Skills

Subject options

Select to view your study options…

Start date between: and    Key dates

Melbourne, 2018, Semester 1, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorBiserka Siladi

Class requirements

Lecture Week: 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.

Tutorial Week: 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) (1000 word equivalent)20 01, 02, 03, 04, 05, 06
Group Assignment (1500 words per student, in pairs)20 01, 02, 03, 04, 05, 06
One 2-hour final examination (2000 word equivalent)Students must achieve at least 45% on the final examinations as well as an overall total of 50% to pass the subject60 01, 02, 03, 04, 05, 06

Melbourne, 2018, Semester 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorBiserka Siladi

Class requirements

Tutorial Week: 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.

Lecture Week: 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) (1000 word equivalent)20 01, 02, 03, 04, 05, 06
Group Assignment (1500 words per student, in pairs)20 01, 02, 03, 04, 05, 06
One 2-hour final examination (2000 word equivalent)Students must achieve at least 45% on the final examinations as well as an overall total of 50% to pass the subject60 01, 02, 03, 04, 05, 06

Sydney, 2018, Study Period 1, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorBiserka Siladi

Class requirements

Lecture Week: 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.

Tutorial Week: 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) (1000 word equivalent)20 01, 02, 03, 04, 05, 06
Group Assignment (1500 words per student, in pairs)20 01, 02, 03, 04, 05, 06
One 2-hour final examination (2000 word equivalent)Students must achieve at least 45% on the final examinations as well as an overall total of 50% to pass the subject60 01, 02, 03, 04, 05, 06

Sydney, 2018, Study Period 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorBiserka Siladi

Class requirements

Lecture Week: 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.

Tutorial Week: 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) (1000 word equivalent)20 01, 02, 03, 04, 05, 06
Group Assignment (1500 words per student, in pairs)20 01, 02, 03, 04, 05, 06
One 2-hour final examination (2000 word equivalent)Students must achieve at least 45% on the final examinations as well as an overall total of 50% to pass the subject60 01, 02, 03, 04, 05, 06

Sydney, 2018, 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) (1000 word equivalent)20 01, 02, 03, 04, 05, 06
Group Assignment (1500 words per student, in pairs)20 01, 02, 03, 04, 05, 06
One 2-hour final examination (2000 word equivalent)Students must achieve at least 45% on the final examinations as well as an overall total of 50% to pass the subject60 01, 02, 03, 04, 05, 06