Accounting homework help.
| Auditing | |
| School | Business |
| Unit Title | Auditing |
| Assessment Title | A Case study in discussing the legal responsibilities of the Auditor |
| Unit Learning Outcomes Addressed: | a. Explain and apply the principles, practice and process of auditing to practical situations. c. Compare and contrast the organisation’s and the auditor’s responsibilities for an audit. d. Explain the importance of planning an audit and distinguish the steps involved. e. Identify and critically evaluate the risks inherent in an audit. |
| Word limit | Not more than 1,000 words |
| Submission Guidelines | · All work must be submitted on Moodle by the due date along with a completed Assignment Cover Page. · The assignment must be in MS Word format, 1.5 spacing, 11-pt Calibri (Body) font and 2 cm margins on all four sides of your page with appropriate section headings. · Reference sources must be cited in the text of the Assessment Task, and listed appropriately at the end in a Reference List using APA 6th edition |
Assessment Task Description
This assignment is comprised is a single academic paper discussing a case, and is marked out of 20marks.
The marking rubric below sets out the requirements:
Principally you will be marked on four components:
- What happened with regards to LM including why LM was audited given its nature and the law covering which organisations require an audit.
- Legal issues both from a statue perspective (corporate law) and other legal issues.
- Ethical issues
- Format, Presentation Quality and Demonstration of Research
(10marks for each component)
As mentioned above, the assessmentshould be presented in an academic paper format.
A key aspect in your choice of format/layout should be to ensure you impart your key messages effectively (i.e., complete the requirements) and efficiently (i.e., it should be succinct and take into account the word limit).
Make sure all pages are numbered, and the text fits within the margins of your pages. Make sure to include the relevant heading.
Required:
Discuss the underlying reasons behind the appearance at the Company Auditors Discipline board of Reginald Williams.
Couch your discussion to cover the four points indicated above.
Marking Criteria and Rubric
| Met requirements of the learning outcomes a, and b to an excellent level (80 to 100%) |
Met requirement of the learning outcomes a, and b to a very good level (70 to 79%) |
Met requirement of the learning outcomes a, and b to a good level (60 to 69%) |
Met requirement of the learning outcomes a, and bto asatisfactory level (50 to 59%) |
Did not met requirement (0 to 49%) |
|
| Part 1 (out of 10 marks) | Fully researched and thoroughly covered all Requirements in depth and detail | Soundly researched and covered all points | A good development of all points | All points were covered | Did not cover all points |
| Part 2 (out of 10 marks) | Fully researched and thoroughly covered all Requirements in depth and | Soundly researched and covered all points | A good development of all points | All points were covered |
Did not cover all points |
| Part 3 (out of 10 marks) | Fully researched and thoroughly covered all Requirements in depth and | Soundly researched and covered all points | A good development of all points | All points were covered |
Did not cover all points |
| Part 4 (out of 10 marks) | Proper structure language and grammar and full evidence of supporting research | Proper structure and language and good evidence of research | Basic structure and grammar and evidence of research | Readable language Some evidence of research |
Poor grammar and little or no research |
| Grand Total Mark (Out of 40) | |||||
| Unit Mark Contribution (Out of 20%) |
