ACC302 Auditing and Assurance This subject examines the practice and scope of auditing and assurance services and provides an overview of the auditing process. The focus is to enhance students’ understanding of the responsibilities of audit practitioners, the audit environment, and professional and ethical standards. This subject provides a comprehensive guide to the development and practice of audits of a financial report, with an authoritative insight into the fundamental role of auditors, the influences on audits, and related issues. Although greater emphasis is laid on audit carried out under Corporations Law, this subject also delves into other types of assurance engagements.