ACCT3600 Accounting and Auditing in Practice

University of Sydney (USYD )

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ACCT3600 Accounting and Auditing in Practice HD Notes ACCT3600 Accounting and Auditing in Practice HD Notes
  • Class notes

    ACCT3600 Accounting and Auditing in Practice HD Notes

  • Notes cover content for entire semester Topics covered: * The auditing and assurance environment, understanding the importance of auditor independence and the use of professional scepticism * Planning the audit and understanding the concept of "business risk" * Introduction to the concept and importance of internal controls * Understanding audit risk assessment and the linkage to key accounts and management's financial statement assertions * Audit evidence collection linked to priorit...
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