ACCT356-14S2 (C) Semester Two 2014

Advanced Auditing

15 points

Details:
Start Date: Monday, 14 July 2014
End Date: Sunday, 16 November 2014
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 27 July 2014
  • Without academic penalty (including no fee refund): Sunday, 12 October 2014

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 ability to plan an audit and appropriately select, design and apply specific audit evidence gathering techniques (including sampling and CAATs) to specific transactions and balances.
    2.  Demonstrate an understanding of specialised assurance engagements/environments.
    3.  Demonstrate an understanding of the roles of professional ethics, judgment and professional scepticism in auditing, including an ability to identify when and how these ought to be applied.
    4.  Demonstrate an understanding of the broader role of auditing in commerce and society.

    Among the specific skills which this course will seek to develop are:
  •  Analytical and critical thinking needed for the practice of auditing.
  •  Creative thinking and problem solving in order to address issues confronting the accounting profession in the future.
  •  The ability to develop a reasoned argument to present and defend a point of view using logic and evidence.
  •  Ethical awareness.
  •  Team work.

Prerequisites

Restrictions

ACIS356, AFIS306, AFIS356, AFIS506.

Course Coordinator / Lecturer

Richard Fisher

Assessment

Assessment Due Date Percentage 
Assignment 20%
Presentation 15%
Term examination 25%
Final Exam 40%

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 2014 outline
Learn

Indicative Fees

Domestic fee $709.00

International fee $3,063.00

* 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

  • ACCT356-14S2 (C) Semester Two 2014
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