Monash University Handbook 2010 Postgraduate - Unit

Synopsis

This unit considers both theoretical and practical issues relevant to the various participants to the audit process. The unit provides students with an overview of the assurance framework, the audit process, computer assisted audit techniques and issues related to corporate governance. Topics also include triple bottom line reporting, financial statement fraud, within firm fraud and fraud detection techniques.

Objectives

The learning goals associated with this unit are to:

• analyse the audit and assurance process by working through a detailed case study
• outline the corporate governance framework including an overview of various elements of that framework including audit committees, control and risk management, internal audit and ethics
• explain fraud detection techniques
• apply critical thinking, problem solving and presentation skills in individual and/or group activities dealing with assurance, governance and fraud issues.

Assessment

Within semester assessment: 40%
Examination (3 hours): 60%

Contact hours

3 hours per week

Prerequisites

Students must be enrolled in one of the following courses: 0503, 3850, 4401 and have passed AFX9570 before undertaking this unit.

Prohibitions

AFF5120