Victoria University of Wellington

Course Description

  • Course Name


  • Host University

    Victoria University of Wellington

  • Location

    Wellington, New Zealand

  • Area of Study


  • Language Level

    Taught In English

  • Prerequisites

    ACCY231, COML204

  • Course Level Recommendations


    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Credit Points

  • Recommended U.S. Semester Credits
    3 - 4
  • Recommended U.S. Quarter Units
    4 - 6
  • Overview

    ACCY 330 Audit introduces you to the role and practice of audit and is approved as a
    professional audit course in association with specified local and international accounting bodies.

    Audit is a judgement-based discipline. The decisions auditors make are informed by their
    knowledge of and experience in management accounting, financial accounting, systems and commercial law. Auditors come to express opinions on matters that are of real interest to people,
    decisions which affect the social and economic welfare of others. The professional auditor does not
    prepare the material they audit instead they come to an opinion about reports and claims made by
    others and communicate their opinion to those who care about those reports or claims. Audit is a
    professional study in its own right, serving the public and demanding that practitioners apply a high level of ethics, skill and care in their work.

    In this course we examine audit?s purpose, the auditors? role and the pressures under which they
    operate. You will be introduced to the audit process and you will apply principles of independence,
    judgement, evidence and risk to real-like audit situations.

    Auditing is a challenging course. You are expected to read the material assigned before coming
    to class, and to prepare carefully for your assessments. Getting behind is not a good idea as audit
    knowledge is cumulative. We look forward to working with you.

    Course Objectives:
    By the end of the course you should be able to:
    1. Explain and evaluate the purpose of auditing and the role of the auditor,
    2. Evaluate and apply professional standards and professional ethics,
    3. Apply professional judgement in the areas of materiality, risk assessment and evidence,
    4. Apply audit concepts and theory to the practice of auditing in the business world.

    Test 25%
    Workship Assessment
    -Group Mark:Presenting Team 10%
    -Individual Mark: Presenter 9%
    -Non-Presenter Mark 6%
    Exam 50%

Course Disclaimer

Courses and course hours of instruction are subject to change.

Eligibility for courses may be subject to a placement exam and/or pre-requisites.

Some courses may require additional fees.

Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.

Please reference fall and spring course lists as not all courses are taught during both semesters.

Availability of courses is based on enrollment numbers. All students should seek pre-approval for alternate courses in the event of last minute class cancellations

Please note that some courses with locals have recommended prerequisite courses. It is the student's responsibility to consult any recommended prerequisites prior to enrolling in their course.


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