ACB3620 Assurance and audit services
Faculty of Business and Economics
ACB3620 Assurance and audit services is a level 3, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2020 in Semester 2 at Peninsula. It needs ACC2100, ACF2100, ACW2120 or ACB2120.
- Credit points
- 6
- Offered in 2020
- Semester 2
- Peninsula
- Assessment
- Exam 50%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2020 handbook entry. See the 2027 entry.
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Requisites
Before ACB3620
Prohibitions
You can't enrol if you have passed any of these.
Prerequisites
Pass these before you enrol.
After ACB3620
No unit lists ACB3620 as a prerequisite in the 2020 handbook.
Equivalent units
The same content under another code. Only one of them counts.
Overview
This unit provides an overview of the nature and purpose of audit and assurance services including the regulatory and professional environment. Auditing pronouncements and the professional, ethical and legal requirements of auditors are examined and applied to ethical issues and real-world scenarios.
Offerings in 2020
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Peninsula | On campus |
Assessment
- Within semester assessment50%
- Examination50%
Learning outcomes
When you finish this unit, you should be able to:
- 1
explain the assurance framework and the regulatory ethical and professional requirements applicable to assurance services
- 2
critically evaluate the demand for and the limitations of audit and assurance services
- 3
apply judgement to assess audit risk and determine the appropriateness of audit strategies and procedures, evidence gathered, and conclusions reached
- 4
demonstrate an ability to work independently and to participate effectively in diverse group tasks
- 5
apply critical thinking, problem solving, and communication skills within audit and assurance topics.
Workload and teaching
- Lectures18 hours
- Tutorials18 hours
- Teaching approachEnquiry-based learning
- Teaching approachCase-based teaching
- Teaching approachPeer assisted learning
- Teaching approachActive learning
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
Individual and group problem-solving activities, role-play and storyboard preparation
Learning resources
Required resources
Moroney, R., F. Campbell and J. Hamilton (2017). Auditing: A practical approach (3e). Milton, QLD: John Wiley and Sons. Purchase the e-text through this website (hardcopy of this prescribed text is not available): http://www.wileydirect.com.au/buy/auditing-a-practical-approach-3rd-edition/
Where it fits
ACB3620 is part of 2 areas of study in the 2020 handbook.
Contacts
- Chief Examiners
- Dr Lisa Powell
Common questions
What are the prerequisites for ACB3620?
You need ACC2100, ACF2100, ACW2120 or ACB2120 before you enrol.
When is ACB3620 offered?
In 2020, ACB3620 runs in Semester 2 at Peninsula.
How much work is ACB3620?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ACB3620 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 1 other task.
Which majors and minors include ACB3620?
ACB3620 is part of Accountancy.