ACCA (F8) Audit and Assurance (AA) - Complete Course

What you'll learn
What is Audit?
Assurance Engagement
Types of Assurance Engagement
Review Engagement
Concept of Audit
Conduct of Audit
Standards in relation to Audit
Who conducts an audit?
Who CAN /CANNOT act as an auditor
Appointment, Removal and Resignation of Auditor
Auditors Right and Duties
Evolution of Corporate Governance
What is Corporate Governance
Corporate Governance in Action - Board Leadership & Company Purpose
Corporate Governance in Action - Nomination Committee
Corporate Governance in Action - Remuneration Committee
Corporate Governance in Action - Risk Committee
Corporate Governance in Action - Audit Committee
Corporate Governance and Auditors
Introduction to Ethics
Code of Ethics
Ethical Threats
Ethical Threats and Safeguards - Self Interest, Self Review, Advocacy, Familiarity and Intimidation
Public Interest and Confidentiality
Conflict of Interest
New Clients and Audit Engagements
Engagement Letter - Contract in relation to Audit
Understanding the entity and its environment
Fraud, Laws and Regulation
Misstatements
Audit Risk and Auditors Response
Analytical Procedures
Professional Scepticism and Professional Judgement
Planning process, Audit Plan and Audit Strategy
Interim and Final Audit
Quality Control and Audit Documentation
Internal Audit
Internal Audit - Role, Assignments, Limitations and Reporting
Internal Control - Introduction
Components of Internal Control
Documenting Clients systems - Documentation Methods (Advantages and Disadvanatges)
Internal Control Systems - Sales, Purchases, Payroll, Non Current Assets, Inventory, Cash
Communicating deficiencies of control system
Financial statement Assertions, Audit Evidence and Procedures
Automated Tool and Techniques - Test Data, Audit Software and Data Analytical Tools
Using the work of others - EXPERTS, INTERNAL AUDITORS & SERVICE ORGANISATIONS
Audit Sampling
Audit Procedures - IN DEPTH AND COMPLETE LIST OF FINANCIAL STATEMENTS
Completion and Review - Subsequent Events
Going Concern - Indicators, Audit Procedures and Reporting Implications
Written Representation Letter
Overall Review Process of Audit
Audit Report - Purpose and Contents
Forming and Opinion - Modified and Unmodified
KEY FOCUS AREAS
Requirements
None
Description
PASS ACCA – A complete study eco system comprising of Recorded videos of in depth syllabus coverage by an Award Winning Lecturer (100% syllabus coverage).
This course is designed to provide an in depth and a complete exposure Audit and Assurance. Course content is curated to develop a strong understanding across the full syllabus relevant to the subject. Thus, subscribing to the course would ensure a thorough learning experience to achieve exam success.
This course blends in an interactive video content, real world examples and world class delivery of content to ensure a holistic learning experience.
Our expert panel of lecturers / course content creators boast of significant years of lecturing experience across ACCA Qualification and are responsible for impressive pass rates and prize winners. Thus, EduTray Team is geared towards supporting your journey towards success in ACCA in the most efficient and effective manner.
EduTray student alumni across the globe is a true testament to the exceptional service delivery of our lecturer team. Our content is created with students at heart, leveraging market research, student led insights to cater a product that is truly required. Thus, we invite you to join our ever expanding student population by purchasing this exceptional course and be guided by the best.
Who this course is for
Skills level students of ACCA
Any students who wants to build a strong knowledge in Audit and Assurance
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