CO3012 - Auditing

Credit points:	03
Year:	2007
Student Contribution Band:	Band 2
Administered by:	Discipline of Accounting & Finance

Rights, duties and responsibilities of auditors; risk analysis; audit plans; audit programmes; sampling; tests of controls; substantive tests; EDP audit principles.

Learning Outcomes

• analyse organisations in terms of their systems of internal controls and risk factors;
• demonstrate an ability to apply audit principles to the preparation of audit plans and programs;
• describe and evaluate the rights, duties and responsibilities of the auditor;
• evaluate and apply tests of internal control and substantive tests;
• evaluate ethical problems experienced by auditors;
• evaluate the effect of EDP development on the audit environment.

Graduate Qualities

• The ability to think critically, to analyse and evaluate claims, evidence and arguments;
• The ability to adapt knowledge to new situations;
• The ability to define and to solve problems in at least one discipline area;
• The ability to communicate effectively with a range of audiences;
• The ability to speak and write logically, clearly and creatively;
• The ability to calculate, produce, interpret and communicate numerical information;
• The ability to select and use appropriate IT tools;
• The ability to access and employ online technologies effectively;
• A coherent and disciplined body of skills, knowledge, values and professional ethics in at least one discipline area;
• The ability to use a variety of media and methods to retrieve, analyse, evaluate, organise and present information;
• The ability to reflect on and evaluate learning processes and products;
• The ability to learn independently and in a self-directed manner;
• A commitment to lifelong learning and intellectual development.

Prerequisites:

(CO2002 or CO3014) and CO2502

Availabilities
Townsville, Internal, Study Period 2
Census Date 31-Aug-2007
Lecturer:	Mr Stephen Stanton.
Contact hours:	26 hours lectures 12 hours tutorials 12 hours workshops/Seminars
Assessment:	end of semester exam (65%); quizzes or tests (15%); assignments (20%).
Cairns, Internal, Study Period 2
Census Date 31-Aug-2007
Lecturer:	jc173076.
Contact hours:	26 hours lectures 12 hours tutorials 12 hours workshops/Seminars
Assessment:	end of semester exam (65%); quizzes or tests (15%); assignments (20%).

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.