FREE ACCA or CIMA EMAIL SUPPORT, RECEIVE STUDY GUIDANCE, TIPS & ADVICE

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Advanced Audit &  Assurance

  • Tutor: Aaron Crozier
  • Session 1 2019

Timetable

26 / 01 / 2019 Saturday 9am to 4pm
2 / 02 / 2019 Saturday 9am to 4pm
7 / 02 / 2019 Thursday 6pm to 9pm
14 / 02 / 2019 Thursday 6pm to 9pm
16 / 02 / 2019 Saturday 9am to 4pm
20 / 02 / 2019 Wednesday 6pm to 9pm
4 / 03 / 2019 Monday Exam Date

COST £525+Vat

MATERIALS Kaplan Study Texts, RCA Course Notes + Online Support are included.

VENUE Riddel Hall, Queens University, 185 Stranmillis Road, Belfast, BT9 5EE https://goo.gl/maps/a5EzG

BOOK NOW To register on to this course, click HERE and complete the online enrolment form

N.b. Dates are provisional at this point and subject to change.

 

ADV. AUDIT & ASSURANCE OVERVIEW:

To apply relevant knowledge, skills, and exercise professional judgement in analysing, evaluating, concluding and reporting on the assurance engagement and other audit and assurance issues in the context of best practice and current developments.

On successful completion of the course students will be able to apply the following to successfully pass the P7 exam.

  • Recognise the legal and regulatory environment and its impact on audit and assurance practice
  • Demonstrate the ability to work effectively on an assurance or other service engagement within a professional and ethical framework
  • Assess and recommend appropriate quality control policies and procedures in practice management and recognise the auditor’s position in relation to the  acceptance and retention of professional appointments
  • Identify and formulate the work required to meet the objectives of audit assignments and apply the International Standards on Auditing
  • Identify and formulate the work required to meet the objectives of non-audit assignments
  • Evaluate findings and the results of work performed and draft suitable reports on assignments
  • Understand the current issues and developments relating to the provision of audit-related and assurance service

Click Here for a full guide to the P7 syllabus

P7 is one of four Options papers. You need to complete two Options papers as part of ACCA’s exam requirements to achieve ACCA membership and become a professional accountant.

N.b. Should you wish to practise as a registered auditor within the UK and/or Ireland (obtain the audit qualification/audit practising certificate), you must attempt the P2 UK/Irish and P7 UK/Irish papers from June 2011 onwards. This is not a retrospective ruling, so any International papers you have already passed will be unaffected by this ruling.

 

Exam Overview

The examination is a three hour 15 minutes paper constructed in two sections. Questions in both sections will be largely discursive. However, candidates will be expected, for example, to be able to assess materiality and calculate relevant ratios where appropriate.

Section A questions will be based on ‘case study’ type questions. That is not to say that they will be particularly long, rather that they will provide a setting within a range of topics, issues and requirements can be addressed.

Different types of question will be encountered in Section B and will tend to be more focussed on specific topics, for
example ‘auditor’s reports’, ‘quality control’ and topics of ISAs which are not examinable in Paper F8, Audit and Assurance (This does not precludethese topics from appearing in Section A). Current issues will be examined across a number of questions.

 

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    Rob Hamdi

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