What is required to pass the Unit?

To achieve a passing grade for the unit students MUST:

(i) Obtain an overall passing mark AND (ii) Obtain a pass in the Final examination.

What are the expectations and workload?

Students are expected to spend 150 hours working on this unit. As a guide a student should spend these approximate amounts of time on each of the following activities:

How are assessment tasks submitted? 

With the exception of the final examination, all assessment tasks will be submitted online via the unit webpage. Feedback for each assessment task will be posted online within three weeks of the assessment submission date.

Are there other relevant policies and procedures?

Please refer to the Policies and procedures section below.

Delivery 

The unit requires three hours of face-to-face teaching per week in the form of a three hour seminar. It should be emphasized that attendance at the seminar is a necessary but not sufficient condition for adequate examination preparation.

Each week all students should study the relevant materials prescribed and attempt the assigned seminar questions PRIOR to attending the class, and participate in class discussions regarding the concepts and their application in practical cases. The weekly reading and homework guide for the semester will be available on Friday 27 February 2015. Lecture slides for the seminars will be also be available for the entire semester by Friday 27 February 2015.

With the exception of the first week the seminar is divided into two parts. The first part of each seminar will comprise a lecture which aims to cover the key concepts of the unit material set for that week. These lectures will be critical to the coverage and understanding of the unit content. Although the auditing and assurance course is broken down into a number of segments, students should recognise that each segment / lecture forms part of the audit process. The second part of the seminar is designed to complement the lecture program by working through the practical seminar questions set for that week. When working through these questions it is expected that seminar participants will contribute to the discussion and raise particular issues or problems that they have had with the seminar questions. Remember that answers to these questions are not easily bracketed as “right” or “wrong” but are the product of a logical and well structured analysis.

Please note that solutions to the weekly seminar assigned questions will not be made available to students. Therefore it is imperative that students attend the weekly seminar in order to correct their work and to clarify any issues they may have in understanding the material assigned.

The timetable for classes can be found on the University web site at:

http://www.timetables.mq.edu.au/

Changes to student timetables may only be made through eStudent. Students wishing to change their allocated seminar should log onto to eStudent and enrol in a seminar where there is a vacancy. Any question of an administrative nature in relation to seminar allocations should be addressed to accg925@mq.edu.au.

Student enrolments must be finalised by the end of Week 1, Friday 27 February 2015. No further changes may be made after this date.

Resources

Required and Recommended Texts

The required texts for the Unit are as follows:

Leung P., Coram, P., Cooper, B. and Richardson, P. (2014) Modern Auditing & Assurance Services, 6th Edition, John Wiley & Sons Australia Ltd, Brisbane, Australia.

(This text can be purchased from the Co-Op Bookshop or via Wiley Direct website, where students can purchase their copy of the text for as little as $50 for the E-Text and iStudy. The link to the Wiley Direct website is: http://www.wileydirect.com.au/buy/modern-auditing-assurance-services-6th-edition/ )

Martinov-Bennie, N., Roebuck, P. and Soh, D. (2014) Auditing and Assurance: A Case Studies Approach, 6th Edition, LexisNexis Butterworths, Sydney, Australia

(This text can be purchased from the Co-Op Bookshop)

Additional recommended readings will be made available on the Unit webpage. Students are also encouraged to read relevant standards and guidance which are available online at http://www.auasb.gov.au (ASAs, ASQC, ASRS, and AGS) and http//www.apesb.org.au (APES).

The following texts are recommended as additional references:

Arens,  A., Best, P., Shailer, G., Fielder, B., Elder,  R. and Beasley, M. (2011) Auditing, Assurance Services and

Ethics in Australia: An Integrated Approach, 8th Edition, Pearson, Sydney, Australia.

Gay, G. and Simnett, R. (2012) Auditing and Assurance Services in Australia, 5th edition, McGraw-Hill, Sydney Australia.

Moroney, R., Campbell, F. and Hamilton, J. (2013) Auditing: A practical approach, 2nd Edition, John Wiley

& Sons Australia Ltd, Brisbane. Australia.

Technology Used and Required

Students will need access to a personal computer and the internet to obtain seminar slides, reading and homework guide, assessment details and notices from the ACCG925 iLearn site, as well as to complete and make submissions for the assessment tasks in this Unit.

The iLearn site this unit can be found at: http://iLearn.mq.edu.au

You are strongly encouraged to regularly visit the website to check for important announcements and use it as a resource to enhance your learning experience.

To facilitate student competency with the material relevant to the discipline of the auditing and assurances discipline, the major changes from the offering in Semester 2, 2014 include:

(i) A change of text book

(ii) Assessment changes including (a) introduction of a research essay and (b) a three-hour final examination to replace the class-test.

This unit addresses global and sustainability issues as direct areas of study and as necessary implications arising from the materials, assessment and academic discussion and debate in seminars. We promote sustainability by developing ability in students to research and locate information within the auditing and assurance services discipline. We aim to provide students with an opportunity to obtain skills which will benefit them throughout their career.

The unit text book (Leung et al., 2014) has a reference list at the end of each chapter containing all references cited by the author. These provide some guidance to references that could be used to research particular issues.