ACCT5701 Audit and Assurance
- 6 points
Availability Location Mode Non-standard teaching period UWA (Perth) Multi-mode
- 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.
- 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.
- 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
- 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
FINA5533 Finance Essentials
LAWS5508 Commercial and Company Law
and for students in the Master of Professional Accounting a weighted average mark of 65%
- 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.
- 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. Reading lists and essential textbooks are subject to change each semester. 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. Copies of textbooks and other readings will be made available for students to access from the Library, online wherever possible as well as in print.
- If this unit is offered as on-campus face-to-face study only, students who are presently unable to enter Western Australia and whose studies would be delayed by an inability to complete this unit, should contact the unit coordinator (details given on this page) to ascertain, on an individual case-by-case basis, if alternate arrangements can be made to support their study in this unit.