ADVANCED ASSURANCE AND ATTESTATION
2015/2016, Semester 2
School of Business (Accounting)
Modular Credits: 4
FNA3121 or ACC3603
(One 3-hour class lecture weekly)
11 Jan 2016
18 Jan 2016
25 Jan 2016
Performance / VFM Audits
1 Feb 2016
Materiality & Sampling / New Audit Reporting Format
8 Feb 2016
CNY 8-9 Feb
15 Feb 2016
Consolidation & Group Audit
Case Tutorial Presentation 1
22 Feb 2016
29 Feb 2016
Forensic Accounting (I)
Class Discussion: Materiality & Sampling
Case Tutorial Presentation 2
7 Mar 2016
Forensic Accounting (II)
Case Tutorial Presentation 3
14 Mar 2016
Audit of Companies in Restructuring, Accounting Estimates, Fair Value & Derivative Instruments
Case Tutorial Presentation 4
21 Mar 2016
Assurance & Other Engagements (I)
Case Tutorial Presentation 5
Submission of Group Project (during class)
28 Mar 2016
Assurance & Other Engagements (II)
Case Tutorial Presentation 6
4 Apr 2016
Capital Market Engagements (IPO/CF/M&A Due Diligence)
Class Discussion: Espirito Santo Saga & Singapore Banking Act
11 Apr 2016
Group Project Presentation
Course Overall Review
Instructions on Comprehensive Case Tutorial Presentations
Cases will be based on those in “ACC3613 (Jan 2016) – Auditing Cases” (Cengage). The course coordinator will announce the title of the specific case a few weeks before the presentation date, as well as the group that will be presenting it. You should apply your auditing knowledge from not just this module but also ACC3603 Assurance & Attestation. You may also be required to do some research in order to answer the questions.
A written submission (ppt format) is required for each group assigned to present a case set. Each presentation is not to exceed 40 slides.
Marks would be deducted
for presenting more than necessary required to answer the questions.
The written submission is to be emailed to the relevant instructors
by the preceding Saturday 12 noon. 5% marks deduction (of case total) would be made for late submissions
. The presentation must be consistent with the written submission.
The focus on the presentation is on the technical content – 12 marks, 1 mark for organisation of the presentation and 2 marks for presentation and Q&A ability. (Total 15 marks).
Please restrict your presentation to within 20 minutes and focus on application to the case.
Any intention to make a submission for peer review should be made as soon as possible. The last date where such a submission may be made is
6 April 2016
. Submissions beyond this date will not be entertained.
Class Discussion: 1) Materiality & Sampling 2) Espirito Santo Saga & Singapore Banking Act
Case questions will be discussed as a class. Details will be released at a later date.
This project involves research into an Asian business event or scandal that has an audit focus. Students are required to draw up a case study not only tells a good story but also illustrates the complex audit and ethical issues that auditors face in the course of their work.
The tentative project submission is during the week beginning 21 March 2016, and graded presentation of the projects will be held during the week beginning 11 April 2016.
Details will be released at a later date.
Class participation (Individual)
Comprehensive case presentation (tutorial)
Students who have passed FNA3128 are not allowed to take ACC3613.
Workload Components : A-B-C-D-E
A: no. of lecture hours per week
B: no. of tutorial hours per week
C: no. of lab hours per week
D: no. of hours for projects, assignments, fieldwork etc per week
E: no. of hours for preparatory work by a student per week