This subject examines the practice of auditing and the relevant underlying concepts. Although the emphasis is on the statutory audit, other topics include: risk analysis; analytical review; statistical sampling techniques; auditing in a computer information systems environment and audit reporting.

Please select an offering above to get offering specific information

[Pre-requisite] (CO5107 OR CO5122) AND CO5121 AND CO5117

[Pre-requisite] (CO5107 OR CO5122) AND CO5121 AND CO5117 Offerings: All

Auditing and Assurance Services

Container 0

CO5118 - Auditing and Assurance Services

Describe the assurance functions processes and practices and critically appraise the importance of assurance reports

Collaborate effectively with team members, to assume leadership and to manage differences and conflicts

Effectively communicate orally and in writing the findings of an audit investigation

Evaluate the levels of risks inherent in financial accounting reports, the persuasiveness of forms of evidence available to the auditor and plan appropriate evidence gathering tasks to minimise overall assurance risk

Distinguish between the types of audit reports and choose an appropriate opinion

Explain and apply the professional, legal, ethical, commercial and regulatory framework within which financial audits and other audit related and assurance engagements are carried out