Outcomes addressed a) Understand and explain the legislative and ethical requirements and responsibilities in completing and reporting on assurance and audit tasks. b) Explain the purpose, content, format and practical applications/ methodologies necessary to provide assurance and audit services especially in the areas of risk assessment, audit planning, audit execution and the formulation of opinions. c) understand the concepts involved in the auditing process d) understand internal and external audit procedure e) develop a plan to conduct an audit for an organisation f) Identify any weaknesses in the internal control procedures and potential risk factors. Engage as a member of an assurance/audit team in the evaluation, development or implementation of control systems in computerized accounting information systems (MYOB software). g) Explain the role of auditing related technologies, techniques and tools
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