Highlights
Task:
Your Task
You must complete a report detailing your findings and suggested audit procedures as stated in Assessment Question for an ASX listed company. The name of the company will be made available to you at 08:00 (AEST) on the Friday of Week 12. Assessment Description This assessment is designed to test your ability to apply the knowledge gained from ACCM4400 workshops during the semester, in identifying assertions at risk and developing appropriate audit procedures. This will be done by analysing available information of an Australian company (hereinafter referred to as “The Company”) that is listed on the ASX. The name of The Company will be made available on the Assessments page of MyKBS for ACCM4400 on Friday of Week 12 and you must submit your report at 19:55 (AEST) on Monday of Week 13. Your facilitator will discuss the assessment requirements during Workshop 12. Workshop participants will be divided into groups to discuss the assessment requirements based on a sample case study. Your facilitator will then give feedback on each group’s responses to the application of the questions to the sample case. It is expected that the discussions during Week 12 will clarify the expectations and requirements for performing at a high standard in this assessment. Please remember that this is an
INDIVIDUAL ASSESSMENT and must be based on The Company, name of which will be released at 08:00 (AEST) on the Friday of Week 12.
Learning Objectives: After completing this assessment, you will be able to:
1) Research information about the selected company (using multiple sources)
2) Address particular areas of the audit process and develop appropriate audit procedures
3) Develop professional report-writing skills ACCM4300 Page 2 Case Study
Assessment Question: During your semester break, you participated in a vacation program at a local audit firm. During the vacation program, you assisted an audit senior on the planning of a medium sized company, including developing appropriate substantive audit procedures. You have one more semester to complete your post graduate course and have indicated to the audit manager that you would like to work on a fulltime basis at the audit firm on completion of you course. The audit manager has asked you to write a report as part of the process of determining your suitability as a candidate for a permanent role in the audit firm. The manager wants to assess your ability to apply the knowledge you gained, to the audit planning process and developing appropriate substantive procedures as well as your report writing skills
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