Reference no: EM131188486 , Length: word count:1200

Australian Auditing & Assurance Services Assignment-

LEARNING OUTCOMES - On successful completion of this unit, you should be able to:

1. Explain the objectives of the audit function and describe the professional, ethical, legal and regulatory aspects of auditing.

2. Critically apply theoretical and technical auditing knowledge in collecting audit evidence and in carrying out risk analysis.

3. Apply and integrate theoretical and technical auditing knowledge with standards and relevant sections of the Corporations Act during planning and implementation phases of the audit.

4. Critically apply ethical reasoning with particular reference to auditing's role in promoting common good, and exercise professional judgment in deciding an appropriate audit report under various circumstances.

5. Demonstrate effective team working skills by contributing to the group work, by collaborating with the syndicate members and by presenting findings in writing and/or orally.

Assessment task 1: INDIVIDUAL ASSIGNMENT

Purpose: To test students' knowledge of the topics covered in weeks 1-4 (both inclusive) and identify struggling students.

Assessment task 2: GROUP ASSIGNMENT

Purpose: (1) Give students an understanding of real life auditing issues; (2) Help students understand the link between theory and practice; and (3) Foster students' research, critical analysis and written and oral communication skills.

Assessment task 3: FINAL EXAMINATION

Purpose: To assess student's ability to integrate the course content and understanding of key issues and theories covered in the course.

Attachment:- Assignment.rar