UWA Handbook 2017

Unit details

ACCT3322 Auditing

Credit 6 points
  Offering
(see Timetable)
AvailabilityLocationMode
Semester 2UWA (Perth)Face to face
Details for undergraduate courses
  • Level 3 option in the Accounting major sequence
  • Category B broadening unit for Bachelor of Arts, Bachelor of Science and Bachelor of Design students
  • Level 3 elective
Content This unit provides an introduction to auditing and an overview of the audit process and brings together many of the issues considered in other units studied as part of the Commerce degree. Topics include auditing concepts and procedures; the scope and limitation of auditing; auditing standards and responsibilities; legal aspects; internal control; audit risk analysis; audit evidence; and impact of CIS on auditing and audit reports. The unit also addresses many of the current issues affecting the auditing profession including the growing area of assurance services.
Outcomes Students are able to (1) demonstrate an understanding of the regulatory framework in which the audit function operates; (2) explain auditing concepts, principles and the audit process; (3) critically analyse client-specific, industry and economic conditions and assess their impact on a client's business risks; (4) plan and execute an audit, analyse audit findings and form an appropriate audit opinion; (5) evaluate and solve audit issues individually and in teams; (6) effectively communicate an understanding ofauditing concepts and issues through oral presentations and written answer; and (7) reflect on the learning process.
Assessment Typically this unit is assessed in the following ways: (1) tutorial attendance and participation; (2) online quizzes; (3) case study; (4) oral presentations; and (5) final examination. Further information is available in the unit outline.

Supplementary assessment is not available in this unit except in the case of a bachelor's pass degree student who has obtained a mark of 45 to 49 overall and is currently enrolled in this unit, and it is the only remaining unit that the student must pass in order to complete their course.
Unit rules
Prerequisites: ACCT2201 Corporate Accounting
Contact hours lectures/tutorials/seminars/workshops: up to 3 hours per week
Unit Outlinehttp://www.unitoutlines.biz.uwa.edu.au/Units/ACCT3322/SEM-2/2017

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