Unit Code: CPA802

Unit Name: Advanced Audit and Assurance

Description: Advanced Audit and Assurance subject provides a body of knowledge for you to understand the nature and diversity of audit and assurance engagements. The subject provides an insight on audit and assurance processes, the methodologies and procedures. It also examines the objectives of assurance engagements and current and future developments in assurance engagements. The environment within which the auditor or assurance practitioner operates, and the respective roles of the private and public-sector auditors and internal audit, are also discussed.In the CPA programme, the professional responsibilities of accountants are discussed in the Ethics and Governance subject. However, this subject emphasises the ethical and professional conduct of auditors. The strategic business analysis techniques in the Advanced Audit and Assurance subject are further discussed in the Strategic Management Accounting and Global Strategy and Leadership subject in their respective context.This subject and the Contemporary Business Issues subject also cover sustainability reporting and assurance, with an emphasis on businesses. Advanced topics in financial reporting which complement the accounting knowledge of audit professionals are covered in the Financial Reporting subject.

Learning Target Outcomes:

Prerequisite: N/A

Prerequisite Sentence: CPA Foundation Units

Credit Point: 20

Offered In: Semester 2