Recent Question/Assignment

Optus
12:36 pm
Not Secure — moodle.koi.edu.au
Assessment Type: Mid-trimester test — individual assessment — closed book. Students should bring a non-
programmable calculator to the exam. No other electronic or other aids will be permitted.
Purpose: To revise and reinforce subject content taught up to and including week 5. This assessment
contributes to learning outcomes a, b, and c.
Value: 20%
Due Date: Week 6
Topic: Subject content weeks I — 5 inclusive
Task Details: Students will be expected to answer short and/or long answer questions applying the subject
theory and models to given situations, analysing the issues, identifying the problems and developing
supported solutions/recommendations.
Assessment 2
Assessment Type: Auditing case study — 2500 + 10% word report - individual assessment.
Purpose: To allow students to demonstrate their ability to research, critically analyse trends and issues in
auditing and assurance services, identifying problems as would arise in a modern organisation. This
assessment relates to learning outcomes a, b and c.
Value: 30%
Due Date: Week 10 — I I :59 pm Thursday of Week 10
Submission: Upload soft copy of Word .doc or .docx to Turnitin and Moodle via KOI's Moodle subject
homepage.
Topic: Research, critically analyse and evaluate key audit matters in independent Auditor's report.
Task details: Auditor's Report
ACC707 AUDITING AND ASSURANCE T319 05/11/2019 12:06
*AUSTRALIAN INSTITUTE OF BUSINESS AND MANAGEMENT PTY LTDO ABN: 72 132 629 979
Approecl bv A cadelllie Board Ikir
ACC707
PAGE 8 OF 13
CRICOS 03171A
The new auditing standard ASA701 Communicating Key Audit Matters in the Independent Auditor's Report
is developed in the wake of the global financial crisis. This development is in response to calls from
shareholders to know more about the companies they invest in. Further, investors have also requested
earlier warnings of potential issues that may exist with respect to an entity's ability to continue as a Going
Concern which resulted in the revision of ASA 570 (ISA 570) Going Concern.
Students are required to research into the rationale for the new auditing standard ASA 701 and explain
clearly what it is. Each student selects an industry, eg. banking, mining, etc and analyse key audit matters
in the independent auditor's reports in the latest Annual Reports (i.e. for the year ended in 2019) of all
companies in that industry in ASX Top 100 listed companies to evaluate the efficacy of reporting key audit
matters in the independent auditor's reports.
Required: Using reference materials available on the internet, research the topic and prepare a report, fully
referenced (including the Annual Reports of companies selected for your assignment) and up to 2,500
words (assignment in excess of 2,500 words will be penalized). Minimum of 8 academic references is
required.
The report should include title page, executive summary, table of contents, appropriate headings and sub
headings, recommendations, reference list (Harvard- Anglia style), attachments if relevant, single spaced,
font Times New Roman 12pt.
The marking guide will be as follows:
30% Analysis
30% Research — extent and application
30%
10% Presentation
Total mark will be scaled to a mark out of 30 subject marks.

Looking for answers ?


Recent Questions

VR Problem SolvingSIT283 Development for Virtual Reality - Assessment 1Each week during the class/practical sessions you will be asked to undertake a number of activities to support your learning in this...SIT283: Development for Virtual RealityAssessment 2VR Development ChallengeNote that you do not need to complete previous assessment tasks before starting work on this challenge. You should start planning...Economic PrinciplesWeek 6 AssignmentRead the following article excerpt:Robots in the factory and price rise for suppliers as Maleny Dairies invests for the futureABC News, 28 November 2019https://www.abc.net.au/news/rural/2019-ll-28/maleny-dairies-investment-robots-milk-...ISP: Critical Care Nursing 92473Assessment 1: Case Study - InformationName: Bryan SimMRN: 1234567.UTSAge: 26 yearsDate of Birth: 02/02/1994Weight: ~70kgAllergies: Nil knownNext of Kin: Dan (Friend)Other:...Q.1Can the following be considered as a project: [6+4]Scenario Yes / No ReasoningSending a robot vehicle on Mars to search for signs of life.Installing a new version of word processing package in an organization.Writing...New Zealand Diplomain Engineering Level 6MECH4001 (DE4101)ENGINEERING FUNDAMENTALSVERSION 1 LEVEL 4 CREDIT 15Laboratory 3Simple BeamTUTOR: Julia Ross / Liam Aghazagadan / Kierstin Daviau / Reza EnayatollahiSTUDENT:...ASSESSMENT 2 BRIEFSubject Code and Title SRM301 Sustainability and Resource ManagementAssessment Case Study – Researched ContextIndividual/Group IndividualLength 2000 words (+/- 10%)Learning Outcomes a)...Show All Questions