Audit Process

This modules introduces the audit processes and practices within the framework of auditing standards. Students will be introduced to the basic ethical principles, threats to independence and the fundamental auditing concept of independence, audit evidence and audit risk. The practical aspect of auditing will then be explored where students will learn how auditing is conducted in terms of audit planning. Topics include audit evidence and audit documentation, risk assessment, internal control procedures, and audit engagements. A pre-requisite of ACC1001 Introduction to Financial Accounting is required for this module.