Studying online
There are now 3 possible online modes for units:
Units with modes Online timetabled and Online flexible are available for any student to self-enrol and study online.
Units available in Online Restricted mode have been adapted for online study only for those students who require the unit to complete their studies and who are unable to attend campus owing to exceptional circumstances beyond their control. To be enrolled in a unit in Online Restricted mode, students should contact their Student Advising Office through askUWA
Click on an offering mode for more details.
Unit Overview
- Description
In Audit and Risk, students develop knowledge and skills required for applying professional judgement and professional scepticism in addressing risk in auditing areas where significant professional judgement is required in the context of the audit of general purpose financial statements. The ability to integrate practical and technical skills in the audit of financial statements is an essential skill for Chartered Accountants. Students are equipped with skills for identifying and assessing risks and controls while taking into consideration the broad impact of changes in an entity and its environment. The activities and assessments simulate real-world audit experiences and challenges faced during planning, performing and concluding an audit of financial statements. Communication and collaboration skills will be developed based on simulated interactions with a variety of stakeholders to achieve audit objectives.
- Credit
- 6 points
- Offering
(see Timetable) Availability Location Mode Non-standard teaching period UWA (Perth) Face to face Non-standard teaching period UWA (Perth) Face to face Non-standard teaching period UWA (Perth) Face to face - Outcomes
Students are able to (1) apply practical and technical skills in the audit of financial statements; (2) apply professional judgement and professional scepticism in conducting an audit of financial statements; (3) evaluate the broad impact of changes in an entity and its environment; and (4) collaborate and communicate with a variety of stakeholders.
- Assessment
Indicative assessments in this unit are as follows: (1) online assessments; (2) written submission and group collaboration; and (3) exam. Further information is available in the unit outline.
Student may be offered supplementary assessment in this unit if they meet the eligibility criteria.
- Unit Coordinator(s)
- Professor Phil Hancock
- Unit rules
- Prerequisites
- Unit(s) ACCT5432 Introductory Financial Accounting (ID 2664)
and Unit(s) MGMT5504 Data Analysis and Decision Making (ID 3513)
and Unit(s) ECON5541 Economics for Business: Applications and Policy (ID 5315)
and Unit(s) LAWS5508 Commercial and Company Law (ID 3360)
and Unit(s) FINA5533 Finance Essentials (ID 6240)
and Unit(s) ACCT5511 Intermediate Corporate Financial Accounting (ID 2666)
and Unit(s) ACCT5531 Financial Accounting: Theory and Practice (ID 2669)
and Unit(s) ACCT5633 Accounting for Planning and Control (ID 2672)
and Unit(s) ACCT5522 Principles of Auditing (ID 2668)
and Unit(s) ACCT5706 Ethics, Risk and Technology (ID 7946)
and Unit(s) ACCT5704 Financial Accounting and Reporting (ID 7386) and for students in the Master of Professional Accounting a weighted average mark of 65%
- 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.
- Unit readings, including any essential textbooks, are listed in the unit outline for each unit, one week prior the commencement of study. The unit outline will be available via the LMS and the UWA Handbook one week prior the commencement of study. Reading lists and essential textbooks are subject to change each semester. Information on essential textbooks will also be made available on the Essential Textbooks. This website is updated regularly in the lead up to semester so content may change. It is recommended that students purchase essential textbooks for convenience due to the frequency with which they will be required during the unit. A limited number of textbooks will be made available from the Library in print and will also be made available online wherever possible. Essential textbooks can be purchased from the commercial vendors to secure the best deal. The Student Guild can provide assistance on where to purchase books if required. Books can be purchased second hand at the Guild Secondhand bookshop (second floor, Guild Village), which is located on campus.
Face to face
Predominantly face-to-face. On campus attendance required to complete this unit. May have accompanying resources online.
Online flexible
100% Online Unit. NO campus face-to-face attendance is required to complete this unit. All study requirements are online only. Unit is asynchronous delivery, with NO requirement for students to participate online at specific times.
Online timetabled
100% Online Unit. NO campus face-to-face attendance is required to complete this unit. All study requirements are online only. Unit includes some synchronous components, with a requirement for students to participate online at specific times.
Online Restricted
Not available for self-enrolment. Students access this mode by contacting their student office through AskUWA. 100% Online Unit.
NO campus face-to-face attendance. All study and assessment requirements are online only. Unit includes some timetabled activities, with a requirement for students to participate online at specific times. In exceptional cases (noted in the Handbook) students may be required to participate in face-to-face laboratory classes when a return to UWA’s Crawley campus becomes possible in order to be awarded a final grade.
External
No attendance or regular contact is required, and all study requirements are completed either via correspondence and/or online submission.
Off-campus
Regular attendance is not required, but student attends the institution face to face on an agreed schedule for purposes of supervision and/or instruction.
Multi-mode
Multiple modes of delivery. Unit includes a mix of online and on-campus study requirements. On campus attendance for some activities is required to complete this unit.