ACCT5701 Audit and Assurance

Credit
6 points
Offering
AvailabilityLocationMode
Not available in 2020UWA (Perth)Face to face
Content
The Audit and Assurance unit examines and applies the relevant Auditing, Assurance and Ethics Standards to various scenarios. It is practical in nature with candidates required to apply the Standards to different scenarios, including a comprehensive case study which integrates the various units.
Outcomes
Students are able to (1) plan, perform and complete the audit of historical financial statements; (2) apply International Auditing Standards or National Generally Accepted Auditing Standards, and applicable laws and regulations to an audit assignment; (3) prepare an auditor's report in accordance with relevant Auditing Standards; (4) undertake significant elements in the planning, performance and completion of
other assurance service engagements; and (5) explain current issues in assurance and auditing and the impact these will have on clients and professional practice.
Assessment
Indicative assessments in this unit are as follows: (1) online assessments and (2) exam. Further information is available in the unit outline.

To pass this unit, a student must: (a) achieve an overall mark of 50 per cent or higher for the unit; and (b) achieve the requisite requirements(s) or a mark of 50 per cent or greater, whichever is higher and specified in the unit outline, for the exam component.

Supplementary assessment is not available in this unit.
Unit Coordinator(s)
Professor Phil Hancock
Unit rules
Prerequisites:
ACCT5432 Introductory Financial Accounting
ECON5541 Economics for Business: Applications and Policy
MGMT5504 Data Analysis and Decision Making
ACCT5511 Intermediate Corporate Financial Accounting
ACCT5522 Principles of Auditing
ACCT5531 Financial Accounting: Theory and Practice
ACCT5633 Accounting for Planning and Control
ACCT5637 Principles of Taxation
FINA5533 Finance Essentials
LAWS5508 Commercial and Company Law
MGMT5506 Ethics and Sustainability Management
Contact hours
workshops: up to 3 hours per week
  • 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.