Singapore University of Social Sciences

Assurance and Attestation

Assurance and Attestation (ACC305)

Applications Open: 01 April 2021

Applications Close: 31 May 2021

Next Available Intake: July 2021

Course Types: Modular Undergraduate Course

Language: English

Duration: 6 months

Fees: $1536 View More Details on Fees

Area of Interest: Business Administration

Schemes: Alumni Continuing Education + (ACE+), Lifelong Learning Credit (L2C), Resilience

Funding: SkillsFuture, Union Training Assistance Programme (UTAP)

School/Department: School of Business


ACC305 aims to provide an understanding of the role of assurance service and examine key concepts of risk and internal controls. The topics covered include assurance service and attestation function; financial statement and other auditing; professional standards, professional ethics and auditor independence; audit process model and concepts of risks and materiality; risk identification and assessment; audit evidence, testing, internal control and documentation; and audit sampling.

Level: 3
Credit Units: 5
Presentation Pattern: Every July


  • Overview on auditing
  • Audit reports
  • Ethics and the audit profession
  • Audit responsibilities and objectives
  • Nature and type of audit evidence
  • Audit planning
  • Materiality
  • Internal control
  • Developing the audit plan and audit program
  • Considering the risk of fraud
  • Implications of information technology for audit planning
  • Audit sampling

Learning Outcome

  • Show the pathway of the introduction of new and revised auditing standards
  • Appraise the principal causes of audit failure and their effects and the gap between outcomes delivered by audit engagements and the expectations of users of audit reports
  • Analyse the elements both explicit and implicit of the auditor’s report and recommend the nature of an audit opinion to be given in such a report
  • Assess the legal, professional and ethical considerations that an individual auditor or audit firm must consider before accepting a specified audit engagement
  • Examine the fundamentals of audit planning and audit risk
  • Prepare the necessary tests of control versus substantive testing
  • Illustrate the audit process and objectives in gathering evidence to support an audit opinion
  • Discuss how materiality and risk are related and integrated into the audit process
  • Evaluate accounting systems and internal control
  • Plan audit programmes and audit evidence
  • Appraise issues related to fraud and the auditor's responsibility for detection of fraud
  • Describe implications of information technology for audit planning
  • Illustrate the importance of audit sampling and the application of sampling techniques
  • Develop the essential knowledge and interpersonal skills to work effectively in a team
  • Demonstrate proficiency in written and verbal communication skills
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