acc5aas adv aud
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 Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Readings | To be advised | Prescribed | To be advised | To 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…
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 element | Comments | % | ILO* |
|---|---|---|---|
| Semester Test (1 h) | 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 | Students must achieve at least 45% on the final examinations as well as an overall total of 50% to pass the subject | 60 | 01, 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 element | Comments | % | ILO* |
|---|---|---|---|
| Semester Test (1 h) | 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 | Students must achieve at least 45% on the final examinations as well as an overall total of 50% to pass the subject | 60 | 01, 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 element | Comments | % | ILO* |
|---|---|---|---|
| Semester Test (1 h) | 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 | Students must achieve at least 45% on the final examinations as well as an overall total of 50% to pass the subject | 60 | 01, 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 element | Comments | % | ILO* |
|---|---|---|---|
| Semester Test (1 h) | 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 | Students must achieve at least 45% on the final examinations as well as an overall total of 50% to pass the subject | 60 | 01, 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 element | Comments | % | ILO* |
|---|---|---|---|
| Semester Test (1 h) | 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 | Students must achieve at least 45% on the final examinations as well as an overall total of 50% to pass the subject | 60 | 01, 02, 03, 04, 05, 06 |