ACW3620 Assurance and audit services
Faculty of Business and Economics
ACW3620 Assurance and audit services is a level 3, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2023 in Semester 1 and Semester 2 at Malaysia. It needs ACC2100, ACF2100, ACW2120 or ACB2120 and unlocks 1 unit.
- Credit points
- 6
- Offered in 2023
- Semester 1, Semester 2
- Malaysia
- Assessment
- Exam 60%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2023 handbook entry. See the 2027 entry.
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Requisites
Before ACW3620
Prohibitions
You can't enrol if you have passed any of these.
Prerequisites
Pass these before you enrol.
After ACW3620
1 unit list ACW3620 as a prerequisite or corequisite.
Equivalent units
The same content under another code. Only one of them counts.
Overview
Overview of auditing, the auditor's legal liabilities, audit process and evidence, the concepts of materiality and risks, study and evaluation of internal control, EDP auditing, audit sampling techniques, the test of transactions cycles and the verification of account balances, auditors reports, and internal and operational auditing.
Offerings in 2023
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Malaysia | On campus |
| Second semester | Malaysia | On campus |
Assessment
- Within semester assessment40%
- Examination60%
Learning outcomes
When you finish this unit, you should be able to:
- 1
demonstrate an understanding of the role, limitations and demand for audits in modern corporate society including the auditor's professional, ethical and legal obligations
- 2
examine the auditor's role in corporate governance with particular emphasis on the detection and reporting of fraud and error
- 3
describe the assurance framework, and apply planning processes and evidence gathering procedures that are used by auditors to form an audit opinion
- 4
apply critical thinking, problem solving and presentation skills to individual and / or group activities dealing with auditing and assurance and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by ACW3620.
Workload and teaching
- Teaching approachActive learning
- Teaching approachCase-based teaching
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.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
This unit includes case-based teaching, where you apply your knowledge and engage in analytical and reflective thinking to solve complex contextual scenarios. Activities are often designed so that there is not one clear answer, but you need to work together to examine, analyse and make decisions to resolve the situation.
Where it fits
ACW3620 is part of 1 area of study in the 2023 handbook.
Contacts
- Chief Examiners
- Dr Kaveh Asiaei
- Shakoor Ahmed
Common questions
What are the prerequisites for ACW3620?
You need ACC2100, ACF2100, ACW2120 or ACB2120 before you enrol.
What can I take after ACW3620?
ACW3620 is a prerequisite or corequisite for 1 unit, including ACW3900.
When is ACW3620 offered?
In 2023, ACW3620 runs in Semester 1 and Semester 2 at Malaysia.
How much work is ACW3620?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ACW3620 have an exam?
Yes. The exam is worth 60% of the final mark, alongside 1 other task.
Which majors and minors include ACW3620?
ACW3620 is part of Accountancy.