ACCT5522 Principles of Auditing

6 points
(see Timetable)
Semester 1UWA (Perth)Face to face
Semester 2UWA (Perth)Face to face
This unit deals with auditing principles and practice. Topics include auditing standards and procedures; internal control; the role of internal audit versus external audit; audit risks and their assessment; audit evidence; statistical procedures in audit sampling; electronic data processing (EDP) audit and audit reports.
Students are able to (1) demonstrate an understanding of the regulatory framework and the audit process; (2) critically apply auditing concepts and principles to practical scenarios; (3) exercise judgement in assessing risks and develop audit plans in response to the risk assessments; (4) critically evaluate the audit findings and form an audit opinion; and (5) develop competencies to work effectively in teams.
Typically this unit is assessed in the following ways: (1) participation ; (2) group assignment; and (3) final examination. Further information is available in the unit outline.

Supplementary assessment is not available in this unit.
Unit Coordinator(s)
Dr Isabel Wang
Unit rules
ACCT5432 Introductory Financial Accounting
ACCT5511 Intermediate Corporate Financial Accounting
Contact hours
lectures/seminars/workshops: up to 3 hours per week
Unit Outline
  • The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
  • All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
  • Books and other material wherever listed may be subject to change. Book lists relating to 'Preliminary reading', 'Recommended reading' and 'Textbooks' are, in most cases, available at the University Co-operative Bookshop (from early January) and appropriate administrative offices for students to consult. Where texts are listed in the unit description above, an asterisk (*) indicates that the book is available in paperback.