ACC30010 - TP1 2020 Swinburne Online SWIN BUR . NE . Swinburne Online Welcome to ACC30010: Auditing Duration 1 teaching period Contact hours Recommended 12.5 hours of study per week Pre-requisites ACC20013 Company Accounting Credit points 12.5 Aim The broad aim of this unit is to familiarise students with the underlying concepts and objectives of auditing and the subsequent reporting function of the auditor. The unit covers both theoretical and practical aspects of auditing and in particular, aims to integrate the concepts of auditing with practical approaches taken by the auditor to ensure students gain a complete picture of the audit process. Unit learning outcomes (ULOs) Students who successfully complete this unit will be able to: 1. examine the nature and purpose of auditing within the regulatory auditing environment 2. research, compose and report on critical and current topics in auditing 3. work collaboratively in a team environment, to achieve set goals and illustrate knowledge of auditing 4. explain the audit process and the need for financial report audits 5. use the reporting framework of a financial report to assess possible outcomes. Key generic skills During this unit students will receive feedback on the following key generic skills: · Teamwork skills. · Problem solving skills. · Analysis skills. · Communication skills. · Ability to work independently. Set text Throughout this unit, the eText we use each week is: Gay, G & Simnett, R 2018, Auditing & Assurance Services in Australia, 7th edn, McGraw-Hill Australia Pty Ltd, North Ryde NSW, Australia. The electronic version of this text has been made available at no expense to you. Links to this e Text will be provided throughout the learning materials. For instructions on how to access your eText, see the Textbooks and software page under the Study Resources section in the Student Portal. Unit improvements Swinburne Online strives to continuously improve our units in order to provide a high-quality student experience. Please provide feedback via the Student Feedback Survey and our online teaching staff to help us make improvements to this unit. · Assignments revised for improved clarity. · Some discussions have been amended to encourage more student participation. . Editing and minor revisions for improving clarity. · Improved accessibility for users of screen readers adhering to WCAG 2.0 Level A standards. This is inclusive of transcripts and/or captions available for Swinburne Online-created resources. Active learning 1/6
ACC30010 - TP1 2020 You will be engaged in an active learning environment, undertaking regular online discussions, guided through the learning process by expert teaching staff who provide regular feedback. On average you will need to dedicate ten hours each week for your learning that includes readings, discussion with peers and assignments. Assignment Assignment task Word count/time task limit (+/- 10%) Individual/ team Related learning outcomes (LOs) Assignment 1: Online tests N/A Individual Weighting 1,4,5 20% Assignment 2: Audit plan 1500 Team 2,3 20% Assignment 3: Audit plan presentation 8 minutes Team 2,3 10% Assignment 4: Exam N/A Individual 1,4,5 Due date Assignment 1A: Online test