BACHELOR OF SCIENCE (HONS) IN ACCOUNTING AND FINANCE
ACADEMIC SESSION: MARCH – JULY 2013
ACC 2034: PRINCIPLES OF AUDITING
GROUP ASSIGNMENT
INSTRUCTIONS TO CANDIDATES
1. There are FOUR (4) pages in this Group Assignment including the cover page.
2. This Group Assignment will contribute 30% to your final grade.
3. The assignment must be typewritten on double line spacing, A-4 size paper and single sided. Work should be presented in a folder, with a cover sheet, which includes your name, unit number, tutor's name, and the essay/group report topic. Marks will be allocated for content, presentation and referencing.
OVERVIEW
This Group Assignment is developed as an integral part of the course to enable students to apply what they have learnt in the course in a real-world scenario and to exercise critical analyses in developing viable recommendations and making sound conclusions.
The Group Assignment requires students to form separate groups of up to three students. Each group shall be evaluated based on their ability to articulate arguments in support of their opinions, preparation of a comprehensive written report, and a brief presentation on their findings, conclusions and recommendations.
OBJECTIVES
The objectives of the Group Assignment are to enable students to:
• Identify the factors to be considered in undertaking the audit of a selected public listed company;
• Assess the areas of audit risk using analytical and other procedures;
• Discuss the appropriate audit strategies to be adopted in response to the risk assessment; and
• Apply the skills for report writing and presentation.
The aim of the Group Assignment is to allow students to appreciate the importance of identifying and structuring a unique strategic approach that is most suitable for the various stakeholders, and to recognise that everyone has different views and interpretations of the same approach.