UWA Handbook 2017

Unit details

ACCT5522 Principles of Auditing

Credit 6 points
  Offering
(see Timetable)
AvailabilityLocationMode
Semester 1UWA (Perth)Face to face
Semester 2UWA (Perth)Face to face
Content 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.
Outcomes 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.
Assessment Typically this unit is assessed in the following ways: (1) seminar activities (multiple choice tests); (2) case study; (3) oral presentation; and (4) final examination. Further information is available in the unit outline.

Supplementary assessment is not available in this unit.
Unit Coordinator(s) Professor David Gilchrist
Unit rules
Prerequisites: ACCT5432 Introductory Financial Accounting and ACCT5511 Intermediate Corporate Financial Accounting
Contact hours lectures/seminars/workshops: up to 3 hours per week
Unit OutlineSemester 1 : http://www.unitoutlines.biz.uwa.edu.au/Units/ACCT5522/SEM-1/2017
Semester 2 : http://www.unitoutlines.biz.uwa.edu.au/Units/ACCT5522/SEM-2/2017

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