Develop an appreciation of the reasons for the existence of a societal demand for audit and assurance services, and an understanding of the current environment in which auditors operate, including legal, ethical and professional aspects Demonstrate an understanding of the key auditing principles, concepts and practices used by auditors to gather evidence and make judgments in order to form an audit opinion on the fair presentation of financial reports Develop an insight into the audit of specific transactions and account balance Be aware of the auditor’s responsibility in completing an audit Obtain basis understanding of other types of assurance engagement