ACC707 Auditing and Assurance

Overview

M Accounting Core
M Professional Accounting Core

This subject considers primarily the role of the auditor in the external audit of corporate financial statements, but also looks at risk assessment, system reliability and detection and prevention of fraud more broadly. It builds on the knowledge of accounting standards and studies the roles and responsibilities of the auditor, auditing principles and standards, and the application of those standards, particularly in an electronic environment.

Prerequisites

ACC700 Principles of Accounting
AND
ACC701 Financial Accounting
AND
BUS702 Business Law
AND
ACC704 Companies and Securities Law