ACCY7103 – Auditing and Assurance
Module code
ACCY7103
Module title
Auditing and Assurance
Prescription
The aim of this course is to develop the knowledge, skills, and competencies to operate in the auditing and assurance profession.
Programmes
- BI1401
- HB4036
- TP4775
NZQA Level
Level 7
NZQA Credits
15
Delivery method
- Web-Supported
Learning hours
- Total learning hours
- 150
Resources required
- Learning Outcomes
- 1. Analyse the nature and scope of the auditing and assurance profession.
2. Critically evaluate the legal, regulatory framework, and professional requirements relating to auditors.
3. Apply relevant auditing standards and frameworks in planning, performing, and reporting on findings. - Content
- LO1
• Nature and purpose of auditing
• Role of auditing standards
• Objectives and phases of auditing
LO2
• Legal and professional requirements
• Regulatory frameworks
• Code of ethics for assurance practitioners
LO3
• Planning and risk assessment and considering its impact on the audit strategy
• Responding to assessed risk, including tests of controls and tests of details
• Current issues in auditing
• Apply quantitative methods that are used in audit engagements
• Identifying and documenting relevant audit evidence
• Completion and communication - Teaching and Learning Strategy
- All learning and teaching activities as described in the approved programme and delivery documents are enabled for this course unless specified.
- Basic of Assessment
- Assessment in this course employs an achievement-based grading scheme. Learners will be advised of all matters relating to summative assessment prior to the start of the course.
- Assessment Criteria
- The portfolio is comprised of multiple components. Learners need to provide sufficient evidence against all learning outcomes and gain an overall mark of at least 50% in order to pass this module.
(A minimum of 50% of the portfolio assessment activities will be controlled (supervised/observed) - Learning and Teaching Resource
- All required and recommended resource are provided to learners via course outlines.
