Assurance and Audit Services
PostgraduateTAS-BFA7132024
Course information for 2024 intake View information for 2025 course intake
Enrolments for this course are closed, but you may have other options to start studying now. Book a consultation to learn more.
- Study method
- 100% online
- Assessments
- Subject may require attendance
- Entry requirements
- Part of a degree
- Duration
- 14 weeks
- Loan available
- FEE-HELP available
Assurance and Audit Services
About this subject
Upon completion of this subject, the student should be able to:
- Assess different types of risk with respect to audit and assurance concepts, professional principles, and the regulatory and ethical environment.
- Critique the relative strengths of auditing and assurance theories and frameworks for sustainable business practices
- Develop an audit plan to support the performance of a quality audit in complex business environments
- Week 1 - Introduction to assurance and auditing and other assurance services
- Week 2 - Audit regulation, auditors' liability and ethics and independence
- Week 3 - Elements of the financial report audit process
- Week 4 - Planning and risk assessment I
- Week 5 - Planning and risk assessment II
- Week 6 - Internal controls I
- Week 7 - Internal controls II
- Week 8 - Test of controls
- Week 9 - Audit sampling
- Week 10 - Substantive tests I
- Week 11 - Substantive tests II
- Week 12 - Completing the audit process and reporting on the audit
- Week 13 - Review
This subject was previously titled ‘Audit and Assurance'.
In this subject, you will examine the role of auditing, focusing particularly on the role of the external auditor in assessing the validity and reliability of financial information of publicly listed companies. The subject highlights the audit function and the important role it plays as a systematic process of evaluation of evidence that culminates in the expression of an audit opinion. You will review the fundamental concepts of auditing, the objectives and limitations of an audit, basic audit techniques and procedures, as well as the professional and legal framework within which auditors operate.
- Exam (40%)
- Letter of Engagement (10%)
- Presentation (10%)
- Systematic Review (40%)
For textbook details check your university's handbook, website or learning management system (LMS).
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- 20
- Times Higher Education Ranking 2024:
- 19
Entry requirements
Part of a degree
To enrol in this subject you must be accepted into one of the following degrees:
Core
- TAS-MPA-MAS-2024 - Master of Professional Accounting
Prior study
You must either have successfully completed the following subject(s) before starting this subject, or currently be enrolled in the following subject(s) in a prior study period; or enrol in the following subject(s) to study prior to this subject:
Please note that your enrolment in this subject is conditional on successful completion of these prerequisite subject(s). If you study the prerequisite subject(s) in the study period immediately prior to studying this subject, your result for the prerequisite subject(s) will not be finalised prior to the close of enrolment. In this situation, should you not complete your prerequisite subject(s) successfully you should not continue with your enrolment in this subject. If you are currently enrolled in the prerequisite subject(s) and believe you may not complete these all successfully, it is your responsibility to reschedule your study of this subject to give you time to re-attempt the prerequisite subject(s).
Additional requirements
- Other requirements - Teaching Arrangement: Weekly pre-recorded lectures on MyLO; 1-hour orientation workshop (Wk 1); 4 x 3-hour Workshops
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
Related degrees
Once you’ve completed this subject it can be credited towards one of the following courses
Master of Professional Accounting
PostgraduateTAS-MPA-MAS