Auditing and Assurance Services (ACCT30004)

Undergraduate level 3Points: 12.5On Campus (Parkville)

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Overview

Availability
Semester 1
Semester 2
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Topics include the rationale for auditing; auditing standards; audit objectives, concepts and procedures; audit techniques including statistical sampling and the audit of computer-based accounting systems; audit reports; the legal liability of auditors; the professional and ethical responsibilities of auditors; the statutory responsibilities and rights of auditors; contemporary auditing problems; and consideration of how research informs these auditing topics.

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

Last updated: 9 April 2025

Eligibility and requirements

Prerequisites

One of

Code Name Teaching period Credit Points
ACCT20007 Accounting Information: Risks & Controls
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
 12.5

ACCT10003 Accounting Processes and Analysis

AND

Note: the following subject/s can also be taken concurrently (at the same time)

Code Name Teaching period Credit Points
ACCT30001 Analysis of Firms & Financial Statements
Semester 2 (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
 12.5

Corequisites

None

Non-allowed subjects

None

Recommended background knowledge

Please refer to Prerequisites and Corequisites.

Inherent requirements (core participation requirements)

The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.

Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home

Last updated: 9 April 2025

Assessment

DescriptionTimingPercentage

Mid-semester test

  • 5 hours (of work required)
Mid semester5%

Group assignment (groups of 1-5 students)

  • 20 hours (of work required)
Late in the teaching period25%

End-of-semester examination

  • 3 hours
During the examination period70%

Additional details

Important mid-semester test information: This mid-semester test will run for 1-hour but is the equivalent of 5 hours work.

Last updated: 9 April 2025

Dates & times

  • Semester 1
    CoordinatorWayne Coetzee
    Mode of deliveryOn Campus (Parkville)
    Contact hoursOne 90-minute lecture and one 90-minute tutorial per week
    Total time commitment170 hours
    Teaching period26 February 2024 to 26 May 2024
    Last self-enrol date 8 March 2024
    Census date 3 April 2024
    Last date to withdraw without fail 3 May 2024
    Assessment period ends21 June 2024

    Semester 1 contact information

    Wayne Coetzee: wayne.coetzee@unimelb.edu.au


  • Semester 2
    CoordinatorWayne Coetzee
    Mode of deliveryOn Campus (Parkville)
    Contact hoursOne 90-minute lecture and one 90-minute tutorial per week
    Total time commitment170 hours
    Teaching period22 July 2024 to 20 October 2024
    Last self-enrol date 2 August 2024
    Census date 2 September 2024
    Last date to withdraw without fail20 September 2024
    Assessment period ends15 November 2024

    Semester 2 contact information

    Wayne Coetzee: wayne.coetzee@unimelb.edu.au

Time commitment details

170 Hours

What do these dates mean

Visit this webpage to find out about these key dates, including how they impact on:

  • Your tuition fees, academic transcript and statements.
  • And for Commonwealth Supported students, your:
       -  Student Learning Entitlement. This applies to all students enrolled in a Commonwealth Supported Place (CSP).
     

    Subjects withdrawn after the census date (including up to the ‘last day to withdraw without fail’) count toward the Student Learning Entitlement.

Last updated: 9 April 2025

Further information

Last updated: 9 April 2025