ACCG340 Auditing and Assurance in Australia

3 pages including references list). Font size must be 12 with double line spacing using Times New Roman.  assignment must be made for each student by the due date electronically via the iLearn online system (Turnitin). You will find a link on ilearn. The assignment should clearly state the names and student number and the name of their seminar leader (your lecturer) including the seminar day/time (refer to the assignment coversheet). The assignment will be assessed using the marking rubic (see assessment guide on iLearn). The Topic “In an increasingly complex and high-volume data environment, the use of technology and data analytics offers opportunities for the auditor to obtain a more effective and robust understanding of the entity and its environment, enhancing the quality of the auditor’s risk assessment and response.” Required: Outline two (2) ways that data analytics could be applied in auditing key risks identified for the Cochlear audit; and outline barriers and challenges may be present in using data analytics in the audit of Cochlear. WEIGHT 20%, comprising the following components: Parts 1 and 2 (Group report): 10% Part 3 (Individual report): . Detailed submission requirements will be provided in a case study assignment brief that will be made available on iLearn. Guidance on how to submit a Turnitin assignment may be accessed here. Self and peer assessment forms for the group report are to be completed individually and submitted in person in tutorials in Week 10. ESTIMATED  Approximately 25 hours.. Analyse case-based scenarios including identification and evaluation of risk factors and their implications for audit planning and evidence gathering activities 3. Design audit strategies within the context of appropriate, sufficient and relevant evidence, and design appropriate audit procedures (including test of controls and substantive tests) in responding to specific risks in case-based scenarios 5. Develop knowledge and skills in data analytics and capacity for effective collaboration and communication

Critical, Analytical and Integrative Thinking

Problem Solving and Research Capability

Capable of Professional and Personal Judgement and Initiative TASK OVERVIEW Students are required to complete a case study assignment worth 20%. The assignment consists of group and individual components. Students will be placed in groups within their tutorials in Week 2. Details regarding the nature of the assignment and its requirements will be made available on iLearn. This assignment task is designed to develop your communication and collaboration skills and to test your ability to integrate skills (including data analytics) learnt in this unit of study. The assignment will require students/groups to analyse a company’s operations from the auditor’s perspective and plan an audit accordingly.  The properties on which the assessment task will be assessed are as follows:

Application of knowledge and skills to questions relating to case study company

Quality of reasoning and appropriate application of data analytic techniques to case study company

Quality of communication and presentation of assignment reports

Peer assessment of each student’s contribution to group report