22522 Assurance Services and Audit

Description

This subject addresses the provision of assurance services, specifically reasonable assurance over the general purpose financial statements of an entity. The subject examines the history and origins of the audit and then moves on to the examination of contemporary audit practices. During the subject, students are exposed to the entire audit process – from gathering an understanding of the client's operations and risks, planning and then executing an audit and reporting on their findings to relevant parties. The subject provides an understanding of professional, ethical and legal requirements and responsibilities in completing and reporting on assurance tasks. It is accredited by the accounting professional bodies.