UNSW Handbook - Back to Home

Direct Find

Use this search only if you have an exact code for a Program, Stream, or Course, e.g. 3400, ACCTA13502, ACCT1501 or ACCT*.

Course

Auditing and Assurance Services - ATAX0060

Faculty: Australian School of Business

School: Australian School of Taxation and Business Law

Course Outline: ATAX0060 Course Outline

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: 3 (more info)

Tuition Fee: See Tuition Fee Schedule

Further Information: See Class Timetable

View course information for previous years.

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

Course Texts

Textbook lists for ATAX courses will be available from the UNSW Bookshop from 1 February for Semester 1 courses and from 1 July for Semester 2 courses.
Library

Study Levels

Undergraduate Study Postgraudate Study Postgraduate Research Study Non-Award Study

UNSW Quick Links

Apply Online Fees and Financial Assitance Academic Calendar