After completing this part of the module, a student should be able to:

Part 1 – Introduction to Auditing
- Understand the purpose of an audit
- Describe the key stages of the audit process
- Identify types of risk and the implications of risk assessment on audit practice
- Understand the importance of internal controls

Part 2 - Accounting Information Systems (AIS)
- Describe the key technologies that have enabled the development of AIS.
- Define an AIS and describe its basic functions.
- Describe the major business processes present in most companies.
- Discuss how organizations use enterprise resource planning (ERP) systems to process transactions and provide information.
- Recognise the major business documents used in the revenue cycle.
- Describe the basic business activities and related information processing operations performed in the revenue cycle.
- Describe how automation of business activities and the related information processing operations can benefit companies.
- Identify major threats in the revenue cycle and evaluate the adequacy of various control procedures for dealing with those threats.

Part 3 – Robotic Process Automation
- Define Robotic Process Automation (RPA) and its potential impact on the accounting profession
- Be able to automate basic audit tasks using RPA software

Part 4 – Data Visualisation
- Summarize data using data visualisation software
- Analyse data visualisations
- Discuss and draw insights from data visualisations

Students should have completed ACC10040 Financial Accounting 1
(or equivalent)

• Group/class feedback, post-assessment

Not yet recorded.