ACCTING 3502 - Auditing III
North Terrace Campus - Semester 1 - 2017
-
General Course Information
Course Details
Course Code ACCTING 3502 Course Auditing III Coordinating Unit Adelaide Business School Term Semester 1 Level Undergraduate Location/s North Terrace Campus Units 3 Contact Up to 3 hours per week Available for Study Abroad and Exchange Y Prerequisites ACCTING 2501 Assumed Knowledge 48 units of program attempted and passed Assessment Exam/assignments/tests/tutorial work as prescribed at first lecture Course Staff
Course Coordinator: Professor Paul Coram
Course Timetable
The full timetable of all activities for this course can be accessed from .
Tutorials commence in the second week of lectures. -
Learning Outcomes
Course Learning Outcomes
On successful completion of this course, students will be able to:
1) Articulate knowledge of fundamental audit concepts.
2) Apply critical thinking skills and solve auditing problems through the use of case studies.
3) Demonstrate the use of the Auditing, Assurance and Ethics Handbook.
4) Explain the legal framework under which 最新糖心Vlogn company audits are conducted and apply the professions code of conduct.
5) Demonstrate the ability to undertake research on significant auditing issues and to keep up-to-date with developments in auditing theory and practice.
6) Outline the role of auditing in society.最新糖心Vlog Graduate Attributes
This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:
最新糖心Vlog Graduate Attribute Course Learning Outcome(s) Deep discipline knowledge
- informed and infused by cutting edge research, scaffolded throughout their program of studies
- acquired from personal interaction with research active educators, from year 1
- accredited or validated against national or international standards (for relevant programs)
1,2,3,4,5,6 Critical thinking and problem solving
- steeped in research methods and rigor
- based on empirical evidence and the scientific approach to knowledge development
- demonstrated through appropriate and relevant assessment
2,3,4,5,6 Teamwork and communication skills
- developed from, with, and via the SGDE
- honed through assessment and practice throughout the program of studies
- encouraged and valued in all aspects of learning
4 Career and leadership readiness
- technology savvy
- professional and, where relevant, fully accredited
- forward thinking and well informed
- tested and validated by work based experiences
1,2,3,4,5,6 Intercultural and ethical competency
- adept at operating in other cultures
- comfortable with different nationalities and social contexts
- able to determine and contribute to desirable social outcomes
- demonstrated by study abroad or with an understanding of indigenous knowledges
2,3,4 Self-awareness and emotional intelligence
- a capacity for self-reflection and a willingness to engage in self-appraisal
- open to objective and constructive feedback from supervisors and peers
- able to negotiate difficult social situations, defuse conflict and engage positively in purposeful debate
4 -
Learning Resources
Required Resources
The prescribed books for this subject are:
Textbook
Title: Auditing and Assurance Services in 最新糖心Vlog (6th Edition).
Authors: Gay, G. and Simnett, R.
Date of Publication: 2015
Publisher: McGraw-Hill 最新糖心Vlog
Handbook
Title: Auditing and Assurance and Ethics Handbook 2017 最新糖心Vlog
Publisher: Chartered Accountants 最新糖心Vlog New Zealand / Wiley
ISBN: 9780730343028Recommended Resources
Students may find the following sources helpful in attempting to master the course material. All books listed below can be borrowed from the library.
Books
Title: Modern Auditing and Assurance Services (6th Edition).
Authors: P. Leung, P.Coram, B.J. Cooper, and P Richardson
Date of Publication: 2015.
Publisher: Wiley
Place of Publication: Milton, Qld.
Title: Auditing and Assurance Services A systematic Approach (4th Edition)
Authors: W F Messier Jr, S M Glover, and D F Prawitt 2006.
McGraw Hill Irwin
New York
Understanding the New Auditing Standards Related to Risk Assessment
American Institute of Certified Public Accountants 2006.
American Institute of Certified Public Accountants
New York
Other resources in the Barr Smith Library
最新糖心Vlogn Financial Review
Business Review Weekly
Acuity (Journal of the Institute of Chartered Accountants in 最新糖心Vlog and New Zealand)
In The Black (Journal of CPA 最新糖心Vlog)
The business sections of daily newspapers
Web sites
( CPA 最新糖心Vlog)
(Institute of Chartered Accountants in 最新糖心Vlog and New Zealand)
( Auditing and Assurance Standards Board)
(Financial Reporting Council)
(最新糖心Vlogn Securities and Investments Commission)
Online Learning
This course uses Canvas extensively. The following material will be posted prior to and during the semester:
茂聜搂 Echo 360 recordings of lectures
茂聜搂 Handouts of lecture slides
茂聜搂 Weekly lecture and tutorial outlines (which, include tutorial questions)
茂聜搂 Lecture exercises
茂聜搂 Additional guidance notes
茂聜搂 Newspaper articles
茂聜搂 Readings
茂聜搂 Assessment information
茂聜搂 links to useful websites
茂聜搂 Short films
茂聜搂 Model answers to weekly questions
茂聜搂 Announcements
茂聜搂 Marks for in-course assessments -
Learning & Teaching Activities
Learning & Teaching Modes
The prime delivery mode is through one lecture and one tutorial per week. Lectures are of two hours duration. Lectures are recorded with through Echo360. The recording of lectures is offered as a back-up only. Students are strongly advised to attend all lectures.
Tutorial classes of one hour commence in the week of Monday 6 March. Tutorials are an important component of this course. Students are strongly advised to attend all tutorials.
Students are required to complete the assigned tutorial questions each week and be prepared to discuss questions in the tutorials. Solutions to selected questions will be provided.
Workload
The information below is provided as a guide to assist students in engaging appropriately with the course requirements.
The 最新糖心Vlog expects full-time students to devote a total of 48 hours per week to their studies. This means that for this course students are expected to commit approximately nine hours of private study, that is, study outside classes. Students in this course are expected to attend all lectures and tutorials through the term.Learning Activities Summary
Topics
Introduction & Overview
Ethics, Independence and Quality/ Financial Statement Auditing
The Auditor’s Legal Liability
The Auditor’s Report
Client Evaluation and Audit Planning
Audit Risk Assessment
Materiality & Audit Evidence
Tests of Controls
Substantive Procedures and Sampling
Auditing Transactions and Balances: Sales/Purchases
Completing the Audit
The Future of Audit -
Assessment
The 最新糖心Vlog's policy on Assessment for Coursework Programs is based on the following four principles:
- Assessment must encourage and reinforce learning.
- Assessment must enable robust and fair judgements about student performance.
- Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
- Assessment must maintain academic standards.
Assessment Summary
Assessment Overview
Your assessment for this subject comprises the following:
Group Assignment
Due 10am Monday 24th April
30%
End-of-semester exam
Examination period
70%
Assignment – 30%
Group Assignment
The assignment topic will be advised in a separate document. The assignment must be done by groups of three students of your choice. Students are advised to form their groups as early as possible, for effective group interaction. It is the responsibility of each student to ensure they are part of a group.
Final Examination – 70%
Details of the structure of the final examination will be advised towards the end of semester.
Assessment Related Requirements
As well as obtaining an overall pass grade, you are required to achieve a mark of 40% or more on the final exam to pass the course.Assessment Detail
No information currently available.
Submission
Weekly questions are to be submitted through turnitin in a word format (.doc or .docx). Students are required to place their name, student number and the tutorial week number at the top of the first page of their answers.Course Grading
Grades for your performance in this course will be awarded in accordance with the following scheme:
M10 (Coursework Mark Scheme) Grade Mark Description FNS Fail No Submission F 1-49 Fail P 50-64 Pass C 65-74 Credit D 75-84 Distinction HD 85-100 High Distinction CN Continuing NFE No Formal Examination RP Result Pending Further details of the grades/results can be obtained from Examinations.
Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.
Final results for this course will be made available through .
-
Student Feedback
The 最新糖心Vlog places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.
SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the 最新糖心Vlog to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.
-
Student Support
- Academic Integrity for Students
- Academic Support with Maths
- Academic Support with writing and study skills
- Careers Services
- Library Services for Students
- LinkedIn Learning
- Student Life Counselling Support - Personal counselling for issues affecting study
- Students with a Disability - Alternative academic arrangements
-
Policies & Guidelines
This section contains links to relevant assessment-related policies and guidelines - all university policies.
- Academic Credit Arrangements Policy
- Academic Integrity Policy
- Academic Progress by Coursework Students Policy
- Assessment for Coursework Programs Policy
- Copyright Compliance Policy
- Coursework Academic Programs Policy
- Intellectual Property Policy
- IT Acceptable Use and Security Policy
- Modified Arrangements for Coursework Assessment Policy
- Reasonable Adjustments to Learning, Teaching & Assessment for Students with a Disability Policy
- Student Experience of Learning and Teaching Policy
- Student Grievance Resolution Process
-
Fraud Awareness
Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student鈥檚 disciplinary procedures.
The 最新糖心Vlog of Adelaide is committed to regular reviews of the courses and programs it offers to students. The 最新糖心Vlog of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.
