Auditing and Assurance Services (ACCT30004)

Intended learning outcomes

On completion of the subject, students should be able to:

• Critically evaluate the theories regarding demand for and supply of audit and assurance services of both a financial and non-financial nature;
• Describe the environment in which audit and assurance providers operate, including ethical, and professional aspects;
• Assess client risks pertinent to the audit and assurance process;
• Apply the concepts and processes used by audit and assurance service providers to gather evidence and formulate judgments with respect to the underlying information;
• Describe the reports provided by audit and assurance providers, in their various forms, to various stakeholders;
• Synthesise current business and auditing issues as they relate to auditing and assurance services;
• Apply contemporary themes within the business media regarding auditing and assurance to current auditing and assurance practice

Generic skills

• High level of development: collaborative learning; problem solving; team work; application of theory to practice; interpretation and analysis; critical thinking
• Moderate level of development: written communication; synthesis of data and other information; evaluation of data and other information; accessing data and other information from a range of sources; receptiveness to alternative ideas