ACS3765 Auditing C
Faculty of Business and Economics
ACS3765 Auditing C is a level 3, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2021 in Semester 1 and Semester 2 at South Africa. It needs ACS3770, ACS2760, BTS2201, FIT1003 and ACS2700.
- Credit points
- 6
- Offered in 2021
- Semester 1, Semester 2
- South Africa
- Assessment
- Exam 60%
- and 1 other task
- Workload
- 144 hours
- per semester
The 2027 handbook has no page for ACS3765. This is its 2021 entry, the latest one.
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Requisites
Before ACS3765
After ACS3765
No unit lists ACS3765 as a prerequisite in the 2021 handbook.
Overview
This unit focuses on computer information systems (CIS) and business cycles. The unit introduces the management of computer information systems (CIS) with a particular focus on the internal controls that should be present in a CIS environment and would be of interest to the external auditor. The important concepts and procedures to use and audit financial databases and CIS are addressed. The download of financial data and its manipulation in order to verify and audit it, as well as the performance of computer assisted auditing techniques (CAATs) on this data are examined in this unit. The influence of the internet and e-commerce on the business and auditing environments, as well as applicable legislation are also covered. In addition, this unit contains demonstrations of using spreadsheets and selected audit software often used by accountants and auditors in practice. The unit further covers business activities namely revenue and receipts, bank and cash, purchases and payments, inventory and production, payroll and personnel, and finance and investment. The unit concludes by addressing going concern, and reliance on other parties.
Offerings in 2021
| Teaching period | Campus | Mode |
|---|---|---|
| First semester - South Africa | South Africa | On campus |
| Second semester - South Africa | South Africa | On campus |
Assessment
- Within semester assessment40%
- ExaminationThreshold hurdle60%
Learning outcomes
When you finish this unit, you should be able to:
- 1
describe computer security and controls (general and application), and apply that knowledge in order to assess the relevant audit risks and to make recommendations, as an external auditor, for the improvement of security and controls in simulated simple and advanced CIS environments and networks
- 2
design audit procedures (both tests of control and substantive) including the use of computer assisted audit techniques (CAATs) in response to the risk assessment in simulated practical scenarios for all business processes.
- 3
explain the influence of the internet and e-commerce on the business and auditing environments, including relevant legislation
- 4
explain the use of the computer practically as a business, accounting and auditing tool with reference to spreadsheet analysis software, CAATs software and automated audit working papers in selected case studies
- 5
describe how auditors identify and assess going concern problems
- 6
describe the transaction flow within a cycle, including a reference to the documents and people involved
- 7
identify the instances where an auditor will find it effective and efficient to engage other parties to gather evidence and describe the procedures the auditor needs to perform on the work of the other parties.
Workload and teaching
- Lectures36 hours
- Tutorials12 hours
- Teaching approachProblem-based learning
- Teaching approachActive learning
- Teaching approachPeer assisted 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.
Lecture and tutorials or problem classes
This unit will be taught as a three-hour lecture and a one-hour tutorial each week for 12 weeks. You are expected to attend all lectures and tutorials.
The lectures will not cover every aspect of each topic listed in the Unit Schedule as you are expected to acquire a comprehensive understanding by undertaking the prescribed and recommended reading and by completing the week-by-week tutorial activities and other in-semester assessment tasks.
The tutorials provide an opportunity for you and your peers to discuss the current topic(s) and to compare your completed assessment tasks with other students' work and/or model answers. While tutorials provide an opportunity for you to demonstrate the application of your knowledge and skills there is also an opportunity for you to ask the tutor to clarify your understanding of the topics and associated concepts covered to date.
In general you are expected to spend two to three hours of self-directed study for each hour in class. Some of this time should be devoted to discussions with other students. The benefit of such discussions will be enhanced if you have completed relevant prescribed and recommended reading and/or started or completed the current assessment task(s). The prescribed and recommended readings are listed on the unit's Moodle site. The Moodle site provides access to relevant material including past examination papers and model answers. These resources will enable you to develop a mastery of the topics covered by the unit.
Learning resources
Required resources
SAICA members Handbook 2019/2020
Graded Questions on Auditing 2020
Auditing notes for SA students 11th edition (2019)
Recommended resources
Information Systems in a Business Environment.
Contacts
- Chief Examiners
- Mr Carel Snyman
- Ms Michelle Vermeulen
Common questions
What are the prerequisites for ACS3765?
You need ACS3770, ACS2760, BTS2201, FIT1003 and ACS2700 before you enrol.
When is ACS3765 offered?
In 2021, ACS3765 runs in Semester 1 and Semester 2 at South Africa.
How much work is ACS3765?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ACS3765 have an exam?
Yes. The exam is worth 60% of the final mark, alongside 1 other task.
More details
- Credit points
- 6
- Level
- 3
- Study level
- Undergraduate
- Faculty
- Faculty of Business and Economics
- Organisational unit
- Department of Accounting
- Type
- Coursework
- EFTSL
- 0.125
- Student contribution
- SCA Band 4
- Study abroad
- Not available
- Handbook years
- 20202021