• Semester 1 (External)

Synopsis

This unit examines in-depth, contemporary issues in auditing which are
the  substance  of  behavioural  and  economics  based  research  into
auditing   practice.   The  unit  focuses  on   developing   students'
understanding  of  audit  practice  through  knowledge  of  individual
auditor  behaviour and the behaviour of the audit firm. The  auditors'
judgement and decision-making processes are considered as well as  the
economics   of  decisions  at  the  firm  level  in  the  context   of
developments  in  financial economics. As far as possible,  the  nexus
between  research  findings and their implications  for  the  auditing
profession  and  users  of audited financial statements  is  explored.
Students  will be expected to have a basic understanding  of  auditing
and statistics at the undergraduate level.