ACCT356-13S2 (C) Semester Two 2013

Advanced Auditing

15 points

Details:
Start Date: Monday, 8 July 2013
End Date: Sunday, 10 November 2013
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 21 July 2013
  • Without academic penalty (including no fee refund): Sunday, 6 October 2013

Description

A study of advanced topics and contemporary issues in auditing.

ACCT356 Advanced Auditing involves a study of advanced topics and contemporary issues in auditing.  It examines the roles of professions in society and the need for, and nature of, auditing in the public and private sectors.  It aims to provide students with a conceptual and ethical framework within which to evaluate existing systems and address practical problems. An essential part of the performance of an audit is the exercise of technical and ethical judgement. The development of judgment emerges from participation and experience for which this course is not a substitute.  However, students should expect to be able to apply the material learned to problems they will encounter when they enter professional practice.

Learning Outcomes

ACCT356 covers a range of topics related to auditing. On successful completion of the course, students should be able to:

1. Demonstrate an understanding of and be able to apply specific audit information gathering techniques (e.g., sampling, CAATs).
2. Demonstrate an understanding of specialised assurance engagements/environments (e.g., SEA, public sector auditing, NFP, forensic audits).
3. Identify ethical issues that arise in an audit context and apply professional judgement and ethics top such situations (e.g., independence, professional ethics, estimates, professional scepticism).
4. Demonstrate an understanding of the broader role of auditing in commerce and society (e.g., development of auditing thought, corporate governance, audit committees, etc).

Prerequisites

ACCT346 or ACIS346 or AFIS346.

Restrictions

ACIS356, AFIS306, AFIS356, AFIS506.

Course Coordinator / Lecturer

Rob Vosslamber

Lecturers

Michael Gousmett and Richard Fisher

Assessment

Assessment Due Date Percentage 
Group Assignment 20%
Term Test 25%
Final Examination 55%

Textbooks / Resources

Required Texts

Leung, Philomena; Modern auditing & assurance services ; 5th ed; John Wiley, 2011.

Recommended Reading

Van Peursem, Karen. , Pratt, Michael J., Pratt, Michael J; Auditing : theory and practice in New Zealand ; 4th ed; Prentice Hall, 2003.

Reading of the recommended texts as well as articles in New Zealand and overseas professional journals and newspapers is strongly encouraged.

Required Text:  Auditing standards and guidelines:
International Standards on Auditing (New Zealand), freely downloadable from the External Reporting Board (XRB) website: http://www.xrb.govt.nz/

Course links

Course Outline 2013 outline
Learn

Indicative Fees

Domestic fee $682.00

International fee $3,000.00

* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.

For further information see Department of Accounting and Information Systems .

All ACCT356 Occurrences

  • ACCT356-13S2 (C) Semester Two 2013