The University of New South Wales

go to UNSW home page

Handbook Home

Table of Contents
List divider List divider

Use this search only if you have an exact code for a Program, Plan, or Course, e.g. 3400, ACCTA13502, ACCT1501 or ACCT*.
Use the main search box (Search the UNSW Handbook) if you do not have an exact code and want to use a keyword instead.

PRINT THIS PAGE
Auditing and Assurance Services - ATAX0060
 Library

   
 
School:  Aus School of Tax and Bus Law
 
 
Course Outline: See below
 
 
Campus: ATAX Campus
 
 
Career: Undergraduate
 
 
Units of Credit: 6
 
 
EFTSL: 0.12500 (more info)
 
 
Indicative Contact Hours per Week: 0
 
 
Enrolment Requirements:
 
 
Prerequisite: ATAX0015
 
 
CSS Contribution Charge:Band 3 (more info)
 
   
 
Further Information: See Class Timetable
 
  

Description

This course examines the practice of auditing and the concepts which underlie the practice. It examines the shift from the traditional auditing services where a high level of assurance is provided to the demand for lower levels of assurance for products other than the financial report. The focus of attention is on the financial report audit carried out under the provisions of the Australian Corporations Securities Legislation. New audit methodologies are also examined. The course provides an overview of the audit process as it exists in Australia. It is broken into a number of modules, each forming part of the audit process.


Recommended Prior Knowledge

ATAX0015 Intermediate Financial Accounting is the prerequisite for this course.

Course Objectives

The main objectives of this course are to:
  • Develop students' understanding of the audit function and of the reasons for an audit
  • Familiarise students with the professional, legal, commercial and regulatory constraints within which audits are carried out
  • Examine techniques used by auditors including risk analysis, evidence collection and evaluation, and audit reporting
  • Familiarise students with current developments in audit practice and research
  • Explain the nature and importance of professional ethics
  • Familiarise students with the requirements of the professional code of conduct

Main Topics

  • The auditing and assurance framework
  • The audit process, risk and planning
  • Risk assessment and internal controls
  • Evidence collection
  • IT and the auditor
  • Completion and reporting
  • Ethics, auditors and the law
  • The public sector and current issues

Assessment

2 assignments
3 online multiple choice quizzes
1 exam

Course Texts

Prescribed
Information regarding the Atax Textbook Lists for Semester 1 will be available on the UNSW Bookshop website from 1 February.

Information regarding the Atax Textbook Lists for Semester 2 will be available on the UNSW Bookshop website from 1 July.

Recommended
Refer to Course Profile supplied by Lecturer.

URL for this page:

© The University of New South Wales (CRICOS Provider No.: 00098G), 2004-2011. The information contained in this Handbook is indicative only. While every effort is made to keep this information up-to-date, the University reserves the right to discontinue or vary arrangements, programs and courses at any time without notice and at its discretion. While the University will try to avoid or minimise any inconvenience, changes may also be made to programs, courses and staff after enrolment. The University may also set limits on the number of students in a course.