2014 Unit of Study

The session(s) below are for 2014. For Summer School 2014 unit of study availability please visit the Summer School website (main Summer session January/February 2014).

The University of Sydney session calendar shows exact dates for sessions.

Contemporary Issues in Auditing
UoS Code ACCT6007
Credit points 6
Offered Semester 1 and Semester 2
Prerequisites ACCT6001
Corequisites
Prohibitions
Assumed Knowledge
Additional Information
Lectures 1 x 3hr seminar per week
Assessment Mid Semester examination (30%), individual and/or group case study assignment (20%), and final examination (50%)
Description This unit of study examines the process of auditing and the concepts which underlay the function, nature and procedures of public company auditing in the context of corporate financial reporting. It has particular regard to the business, legal and economic foundations than underpin the audit process. Recurrent reference is made to practical and policy matters of importance to auditing and auditors, especially as they relate to the function of auditing in the contemporary envirnonment. Attention is also given to the need for quality corporate financial statements and the role corporate governance plays in adding credibility to the published financial reports. A number of current corporate failures are reviewed to expose students to the complexities of the auditing process in today\\\'s contemporary environment.
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