Coming soon
ADVANCED AUDIT AND ASSURANCE
Course Outcomes (COs):
|
Course Outcomes |
Learning and teaching strategies |
Assessment Strategies |
|---|---|---|
|
On completion of this course, the students will be able to: CO186: Recognise the legal and regulatory environment and its impact on audit and assurance practice CO187: Demonstrate the ability to work effectively on an assurance or other service engagement within a professional and ethical framework CO188: 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 CO189: Identify and formulate the work required to meet the objectives of audit assignments and apply the International Standards on Auditing CO190: Evaluate findings and the results of work performed and draft suitable reports on assignments CO191: Identify and formulate the work required to meet the objectives of non-audit assignments |
Interactive Lectures, Discussion, Tutorials, Reading assignments, Demonstration, Self learning assignments, Effective questions, Seminar presentation
|
Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects |
• Regulatory Environment: International regulatory frameworks for audit and assurance services, Money laundering, Laws and regulations
• Professional and Ethical Considerations: Code of Ethics for Professional Accountants, Fraud and error, Professional liability
• Quality Control and Practice Management: Quality control (firm-wide), Advertising, tendering and obtaining professional work and fees, Professional appointments
• Planning and conducting an audit of historical financial information: Planning, materiality and assessing the risk of material misstatement, Evidence and testing considerations, Audit procedures and obtaining evidence, Using the work of others, Group audits
• Completion, review and reporting : Subsequent events and going concern, Completion and final review, Auditor’s reports, Reports to those charged with governance and management
• Other assignments: Audit-related and assurance services, Specific assignments, The audit of social, environmental and integrated reporting, The audit of performance information (pre-determined objectives) in the public sector, Reporting on other assignments
• ACCA Study Text- Advanced Audit and Assurance (International), Kaplan
• ACCA Study Text- Advanced Audit & Assurance- BPP Module
e- RESOURCES:
• https://www.accaglobal.com/an/en/student/exam-support-resources/professi...
REFERENCE JOURNALS:
• International Journal of Auditing
