Everything you need to know as a first-time student.
Information and support for postgraduate study.
Courses, supervisors and your life as a researcher.
Discover our campuses, courses and entry requirements.
Step-by-step application guides for our courses.
Get financial support for your studies. Find a scholarship that's right for you.
Options like part-time, external and online study can help you tailor how you learn.
See where our graduates are now, and where your studies can take you.
Our executive education courses give you the skills you need to lead in a fast-paced world.
Boost your career or extend your skills with a short course or unit.
Our free online courses are open to everyone.
We're constantly moving forward in our research output, commercialisation and collaboration. Find out how you can join our research community and bring innovation to the real world.
Considering research with us? Here's what to expect.
Our strengths and achievements, research projects and activity, and research institutes, centres and groups.
Apply for scholarships for research study, or competitive grants as a professional researcher.
Our researchers work in supportive and established networks.
We value and promote integrity and ethical responsibility in all research we conduct.
A selection of world-class research from our research centres and groups.
We collaborate with industry partners to research solutions for real-world problems, and to give our students hands-on experience in the workplace.
Work with our students and graduates, sponsor scholarships, prizes or events, or become an industry partner.
We offer commercial research and consultancy services, research commercialisation, and workplace training and development.
We're working with a range of industry partners and collaborators.
Our customised executive education equips your employees with tools and inspiration to give your organisation a real edge.
We offer short courses to help you advance your career and expand your skills.
Researchers from QUT have taken a world-first approach to tracking beef by creating a BeefLedger Token system to help tackle food fraud.
We are a highly successful and globally positioned Australian university with an applied emphasis in courses and research.
Make a real impact by giving to QUT and supporting our students, researchers and community.
Our history, key statistics, sustainability initiatives and programs and Indigenous acknowledgement.
Meet our staff and executive team.
Our awards, accreditation details, research rankings and scholarly achievements.
Our plans for expanding our university's achievements in learning, teaching and research.
Policies, procedures and annual reports.
What's on at QUT.
Want to work with us? See available jobs.
Our campuses and facilities, including maps, research locations and public venues.
Email: firstname.lastname@example.org Phone: +61 7 3138 2000
Our graduates run successful businesses, conduct ground-breaking research and make significant contributions to their communities.
We celebrate our alumni with annual awards for graduates and students.
Get involved with QUT by engaging with and supporting our current students.
Once you've graduated, we encourage you to keep in touch with the QUT community and your fellow alumni.
Email: email@example.com Phone: +61 7 3138 4778 Mon-Fri, 8.30am-5pm
Kate Gifford is recognised for her contributions to the community through her work as a clinical optometrist, researcher, peer educator, professional leader and international expert.
Step-by-step guide to applying as an international student.
We offer scholarships for international students to help with study and living costs.
You may be able to meet with a QUT staff member or official representative in your city.
Find out more about living and studying in Brisbane.
While you're studying here, you can access a range of support services to help you adjust to life in Brisbane.
Come to QUT for one or two semesters.
Freecall: 1800 181 848 (within Australia)
Phone: +61 3 9627 4853 (outside Australia)
Ask us a question online
Subscribe for email updates
A new QUT-led study has found ways to detect hidden dangers of repeated stresses on seagrass using statistical modelling.
Email: firstname.lastname@example.org Phone: +61 7 3138 2361
You are here:
This unit enables students to comprehend the key concepts of auditing as a discipline, to demonstrate the relationship between auditing and the systems of accountability and to demonstrate the differences between manual and EDP audit processes. The unit builds on the knowledge of accounting and accounting standards acquired in prior units by enabling students to understand in detail the audit process (including professional auditing standards and techniques) which leads to the auditor providing an opinion on the financial reports of various types of entities. Ethics and auditor's liability are also covered.
Audit and Assurance is a third year unit, which is included in the degree program to enable students to comprehend the key concepts of auditing as a discipline, to demonstrate the relationship between auditing and the systems of accountability and to demonstrate the differences between manual and computerised information systems (CIS) audit processes. The unit builds on the knowledge of accounting and accounting standards acquired in prior units by enabling students to understand in detail the audit process (including professional auditing standards and techniques and ethical requirements) which leads to the auditor providing an opinion on the truth and fairness of financial reports of various types of entities.
The aim is to give students a basic knowledge of auditing concepts, procedures, and issues to support the auditor's opinion in financial reports. This then combines with all other knowledge of financial reporting and governance requirements in a business environment, derived from other units.
Undergraduate Coursework AoLs
The QUT Business School has established the Assurance of Learning (AoL) Goals to meet contemporary industry needs and standards. Achieving these learning outcomes will assist you to meet the desired graduate outcomes set at QUT - aligned with other internationally renowned business schools. Students will develop the following capabilities relevant to a contemporary global and sustainable business environment:
Knowledge and Technological Skills (KS)
1.1 Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines
1.2 Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Higher Order Thinking (HO)
2.1 Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice
2.2 Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Professional Communication (PC)
3.1 Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts
3.2 Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Teamwork and Self (TS)
4.1 Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
4.2 Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts
Social, Ethical and Global Understanding (SE)
5.1 Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues
5.2 Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Unit Learning Outcomes (ULOs)
On completion of this unit, you should be able to:
1. Discuss the nature and purpose of auditing and assurance services and the impacts of regulatory and professional requirements on these services, including audit litigation.
2. Apply auditing and ethical concepts, standards, techniques and theory to critically analyse, evaluate, synthesise, problem solve and make decisions on practical issues and situations within the auditing process.
3. Use teamwork knowledge and written communication skills to identify auditing and ethical issues arising in a professional environment and justify written decisions within the relevant auditing and ethical standards.
This unit covers the regulatory and ethical frameworks within which assurance services are provided, the processes and techniques utilised by assurance service providers and other related audit and assurance issues. Students should acquire knowledge of auditing and its procedures, auditing standards and other professional pronouncements. The issues covered in auditing are techniques practiced both in Australia and overseas.
The graduate capabilities this unit develops are discipline knowledge, analysis, evaluation and synthesis of theory and practice, planning, problem solving and decision making, working in a team, written communication and ethics.
Attendance at ALL classes is strongly encouraged as additional information such as emphasis and explanations will inevitably be given there.
Lectures provide theoretical coverage of audit issues, standards and auditing concepts and the application of these techniques and issues to practical auditing examples and exposure to the use of technology in auditing. This strategy exposes students to all aspects of the conduct of an audit and associated auditing issues.
Tutorials which lag behind lectures by one week further develop students understanding and comprehension of the theoretical and practical aspects of auditing. The tutorial questions aim to consolidate students' understanding of the basic auditing concepts and to develop a more in-depth knowledge and critical thinking about the issues covered in lectures and in the text.
The group assignment aims to further develop student's knowledge of key concepts of ethics and audit planning, within the professional environment and apply these to a practical case study. The assignment also aims to further develop students writing and reporting skills.
QUT is committed to maintaining high academic standards to protect the value of its qualifications. To assist you in assuring the academic integrity of your assessment you are encouraged to make use of the support materials and services available to help you consider and check your assessment items. Important information about the university's approach to academic integrity of assessment is on your unit Blackboard site.
A breach of academic integrity is regarded as Student Misconduct and can lead to the imposition of penalties.
Modern Auditing & Assurance Services + iStudy. 6th ed. (2015). Leung, P., Coram, P., Cooper, B., Richardson, P., John Wiley & Sons Australia Ltd.
Modern Auditing & Assurance Services E-Book + iStudy. 6th ed. (2015). Leung, P., Coram, P., Cooper, B., Richardson, P., John Wiley & Sons Australia Ltd.
Auditing, Assurance Services & Ethics In Australia 9th ed. (2013). Arens, A., Best P., Shailer G., Fiedler B.; Pearson Australia.
Auditing + Assurance A Business Risk Approach 3rd ed. (2012). Jubb C., Rittenberg L., Johnstone K., & Gramling A.; Cengage Learning.
Auditing Assurance and Ethics Handbook 2015. Pearson Education, Australia
Additional references can also be found at the unit's Blackboard site: https://blackboard.qut.edu.au/
There are no out-of-the-ordinary risks associated with lectures or tutorials in this unit. You should, however, familiarise yourself with evacuation procedures operating in the buildings in which you attend classes and take the time to
view the Emergency video.
You can apply to study this unit for personal or professional development
Apply now for single-unit study
You can apply to study this unit for credit towards a course at another university
Apply now for cross-institutional study