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Level 7 Diploma in Accounting and Finance

Final assessment and submission

AF705 · Strategic Audit — Final

CourseAF705
Week16 of 16
SemesterII
TutorOnline in the course chat

This week’s topics

Final assessment and submission

  1. Final coursework submission
  2. Assessment against all criteria

What you will be able to do

  • 1.1 Assess the historic and current auditing regulatory environment.
  • 1.2 Explain the rules of professional conduct for auditors.
  • 1.3 Critically assess the rules of professional conduct for auditors.
  • 2.1 Explain the legal and professional requirements when completing an audit.
  • 2.2 Evaluate the importance of the legal and professional requirements on the performance of an audit.
  • 3.1 Analyse audit strategy used in business organisations.
  • 3.2 Assess the effectiveness of the audit monitoring process.
  • 4.1 Discuss the risk involved in the audit process.
  • 4.2 Analyse appropriate measures to minimise identified risk.
  • 4.3 Explain the link between account preparation and the audit completed.
  • 5.1 Assess current developments in auditing.
  • 5.2 Assess the importance of the current developments in audit processes.

Activity

Final assessment week: submission of the unit assignment.

Study materials

The teaching notes, exercises and videos of this week are in the student portal. Your portal is set up as soon as you receive final acceptance, so you can open them before the semester starts.
Course chat

Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

Open this week in the portal
Course plan
  • Week 1: Evolution of Auditing Regulation
  • Week 2: Ethics and Professional Conduct in Assurance
  • Week 3: Legal and Statutory Responsibilities of Auditors
  • Week 4: Financial Statement Preparation and Audit Linkages
  • Week 5: Strategic Audit Planning and Business Organisation
  • Week 6: Audit Risk Identification and Assessment
  • Week 7: Audit Risk Mitigation and Response Design
  • Midterm: Midterm evaluation
  • Week 9: Audit Monitoring and Engagement Quality Control
  • Week 10: Technological Disruptions in Strategic Auditing
  • Week 11: Emerging Assurance Horizons and Regulatory Reforms
  • Week 12: Applying Strategic Audit in practice: case studies
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
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