ACCA – Audit and Assurance

Students will learn to:

• explain the concept of audit and assurance and the functions of audit, corporate governance, including ethics and professional conduct, describing the scope and distinguishing between the functions of internal and external audit
• demonstrate how the auditor obtains and accepts audit engagements, obtains an understanding of the entity and its environment, assesses the risk of material misstatement (whether arising from fraud or other irregularities) and plans an audit of financial statements
• describe and evaluate internal controls, techniques and audit tests, including IT systems to identify and communicate control risks and their potential consequences, making appropriate recommendations
• identify and describe the work and evidence obtained by the auditor and others required to meet the objectives of audit engagements and the application of the International Standards on Auditing (ISAs)
• explain how consideration of subsequent events and the going concern principle can inform the conclusions from audit work and are reflected in different types of auditor’s report, written representations and the final review and report.

Requirements:

To start studying for the Applied Skills exams you must have either completed the Applied Knowledge exams, have achieved the ACCA Diploma in Accounting and Business (RQF Level 4) or have a relevant accounting or finance qualification at degree level.

Benefits:

• Premium video tutorials covering the entire syllabus, delivered by our top rated course tutors
• Course notes and exam tips and tricks
• Exclusive tutor access (phone/email) to get answers to any of your questions, plus webinars and podcasts
• Interactive computer based Mock Exams – Click to watch a video demo
• Completed and explained past exam questions

Syllabus

Click on the button below to download the syllabus directly from ACCA.

Assessment

• On-demand CBE (Computer Based Exam)

Books

An official eBook is included when you purchase this course. (Not included as part of the ACCA Monthly/Annual subscription)