Topics include: the nature and objectives of independent financial statement audits; the auditing environment; legal and ethical responsibilities and auditing standards; risk analysis in auditing; sources and nature of evidence; audit planning and documentation; audit testing methods( including computer assissted auditing techniques); sampling; form and purpose of audit reports; other assurance engagements and environments.

By the end of the course, you are expected to understand the environment and function of audits, what auditors do in performing audits, and their risks and responsibilities.

• Mid semester exam 15%
• Group assignment 15%
• Final examination 70%

 The assessment for this course for Summer School, 2010, will be different from the standard semester offerings. Summer School proposed assessment is as follows:

• Mid-Semester Test - 20%
• Final Examination - 80%

The course is structured around 13 two-hour lectures, 12 one-hour tutorials and your own private study.

The course is designed to be taken in the final year of an accounting major.  You are expected to have retained familiarity with the concepts studied in previous accounting, introductory commercial law, information systems and introductory statistics courses.

BUSN2015 Company Accounting and either BUSN2101 Law of Business Entities or LAWS2203 Corporations Law.

Incompatible with COMM3002 Auditing.

See Course Website:  http://ecocomm.anu.edu.au/courses/outline/BUSN3002.pdf

See Course Website:  http://ecocomm.anu.edu.au/courses/outline/BUSN3002.pdf

For further information please see http://ecocomm.anu.edu.au/courses/course.asp?code=BUSN3002