Advanced Audit & Assurance Block wise Complete Course 26-27

This is the 1st Past Papers lecture of Block 1 on Money Laundering, which is a very important topic for your exam. In this lecture, we have solved all the past exam questions that have been tested till now.
By the end of this session, you will have a better understanding of what money laundering is and how to prevent it.

This is the 2nd Past Papers lecture of Block 1 on Professional Liability and Professional Skepticism, which are very important topics for your exams. In this lecture, we have solved all the past exam questions that have been tested till now.
By the end of this session, you will have a better understanding of how an examiner can ask Questions on these topics and how you have to link your answer to the case-specific.

This is the 3rd Past Papers lecture of Block 1 on Non-Compliance With Laws and Regulations NOCLAR, which is a very important topic for your exam. In this lecture, we have solved all the past exam questions that have been tested till now.
By the end of this session, you will have a better understanding of how an Examiner can ask questions regarding NOCLAR and how you should respond.

This is the 4th Past Papers lecture of Block 1 on Auditors' Responsibility regarding Fraud ISA-240, which is a very important topic for your exam. In this lecture, we have solved all the past exam questions that have been tested till now.
By the end of this session, you will have a better understanding of how an examiner asks questions on Fraud and what the Auditor's course of action is if there is any error or fraud.

This is the 6th Past Papers lecture of Block 1 on Using the Work of Others ISA-600, which is a very important topic for your exam. In this lecture, we have solved all the past exam questions that have been tested till now.

By the end of this session, you will have a better understanding of how an examiner can test this Topic and what the prerequisites are before using the work of Others and the factors that an Audit Firm should consider.

This is the 1st lecture of Block 2 on Practice Management, which is a very important topic for your exam. In this lecture, we will cover the following:

i)   Matters to be Considered Before Acceptance of a New Audit Client
ii)  Matters to be Considered Before Acceptance of a Non-Assurance Service to an existing client.
iii) ACCA guidance on Fees
iv)  ACCA Guidance on Advertisement
v)   Tender / Proposal Document

Complete Topics and past paper questions and solutions have been discussed in this Lecture. By the end of this session, you will have a better understanding of what matters to an Audit firm should consider before acceptance of the Engagement.

This is the 2nd lecture of Block 2 on Ethical and Professional Issues, which is a very important topic for your exam. In this lecture, we will cover the following:

i)   Ethical Principles.
ii)  Ethical Threats
iii) Safeguard

Complete topics, past paper questions, and solutions have been discussed in this lecture. By the end of this session, you will have a better understanding of how the examiner asks questions on Ethical and Professional Issues and the linking of this Topic with Block-1 topics and ISQM-1.

This is the 3rd lecture of Block 2 on International Standard on Quality Management (ISQM-1), which is a very important topic for your exam. In this lecture, we will cover the following:

i)   New Technical Article
ii)  Factors of the ISQM-1
iii) Linking with Ethical and Professional Issues
iv)  Past Paper Questions

Complete Topics and past paper questions and solutions have been discussed in this Lecture. By the end of this session, you will have a better understanding of how this new Topic, ISQM-1, is important for ACCA AAA and the kind of Questions asked on this Topic.

This is the 4th lecture of Block 2 on Engagement Quality Review ISQM-2 and Revised ISA-220, which are very important topics for your exam. In this lecture, we will cover the following:

i)   The difference between ISQM-1 and ISQM-2 / ISA-220 revised
ii)  Questions tested on these Articles.
iii) Technicality of these articles

Complete Topics and past paper questions and solutions have been discussed in this Lecture. By the end of this session, you will have a better understanding of the ISQM-1, ISQM-2, and ISA-220 Revised.

This is the 5th lecture of Block 2 on Complete Topics Revision of Block 2, which are very important topics for your exam. In this lecture, we will cover the following:

i) Complete Topics Revision
ii) Linking with Practical Cases.
iii) Past-paper techniques

Complete Topics and past paper things have been discussed in this Lecture. By the end of this session, you will have a better understanding of the complete Block-2 Topics.

This is the 1st lecture of Block 2 on Practice Management Past Paper Solutions, which is a very important topic for your exam. In this lecture, we will cover the following:

i)   Matters to be Considered Before Acceptance of a New Audit Client: Questions
ii)  Matters to be Considered Before Acceptance of a Non-Assurance Service to an existing clien:t Questions
iii) ACCA guidance on Fees Questions
iv)  ACCA Guidance on Advertisement Question
v)   Tender / Proposal Document Question

Complete Past Paper questions and solutions have been discussed to date in this Lecture. By the end of this session, you will have a better understanding of what matters to an Audit firm should consider before acceptance of the Engagement.

This is the 2nd Past Paper lecture of Block 2 on Ethical and Professional Issues, which is a very important topic for your exam. In this lecture, we will cover the following:

i)   Ethical Principles questions
ii)  Ethical Threats Questions
iii) Safeguard

To date, past paper questions and solutions have been discussed in this Lecture. By the end of this session, you will have a better understanding of how the examiner asks questions on Ethical and Professional Issues and the linking of this Topic with Block-1 topics and ISQM-1.

This is the 3rd Past Paper lecture of Block 2 on ISQM-1, ISQM-2, and ISA-220 Revised, which is a very important topic for your exam. In this lecture, we will cover the following:

i)   ISQM-1 Past Paper Questions to Date
ii)  ISQM-2 and ISA-220 Revised Questions along with Ethical and Professional issues

To date, past paper questions and solutions have been discussed in this Lecture. By the end of this session, you will have a better understanding of how the examiner asks questions on ISQM-1, ISQM-2 & ISA-220 Revised and the linking of this Topic with Block-1 topics.

This is the 1st lecture of Block 3 on Audit Planning and Strategy, which is a very important topic for your exam. In this lecture, we will cover the following:

i)   Planning Stage, Review Stage, and Final Stage of the Audit.
ii)  Scope, Timing, and Nature of the Audit.
iii) Audit Strategy
iv) Initial Audit Engagement
v) Analytical Procedures

Complete topics, past paper questions, and solutions have been discussed in this lecture. By the end of this session, you will have a better understanding of how the examiner asks questions on Audit Planning and Strategy and the linking of this Topic with Block-1 topics.

This is the 2nd lecture of Block 3 on Business Risks and its Implications, which is a very important topic for your exam. In this lecture, we will cover the following:

i)  Business Risks.
ii)  Implications
iii) Drafting
iv) Structure and Professional Skills marks

Complete topics, past paper questions, and solutions have been discussed in this lecture. By the end of this session, you will have a better understanding of how the examiner asks questions on Business Risks and their Implications, and the linking of the drafting.

This is the 3rd lecture of Block 3 on Audit Risks and Risk of Material Misstatement, which is a very important topic for your exam, as it always comes in Q#1 for 25 Marks. In this lecture, we will cover the following:

i)  Audit Risks.
ii)  Risk of Material Misstatement
iii) Drafting Techniques
iv) Structure and Professional Skills marking techniques and Tips
v) Materiality Paragraph and Conclusion
vi) Briefing Note Format

Complete topics, past paper questions, and solutions have been discussed in this lecture. By the end of this session, you will have a better understanding of how the examiner asks questions on Audit Risks and Risk of Material Misstatement, and the linking of the drafting.

This is the 4th lecture of Block 3 on Audit Procedures and Drafting, which is a very important topic for your exam, as it always comes in Q#1 for 5-10 Marks. In this lecture, we will cover the following:

i)  Audit Procedures.
ii)  How to draft a correct procedure
iii) Drafting Techniques
iv) Structure and Professional Skills marking techniques and Tips

Complete topics, past paper questions, and solutions have been discussed in this lecture. By the end of this session, you will have a better understanding of how the examiner asks questions on Audit Procedures and drafting, and the linking of the scenario.

This is the 5th lecture of Block 3 on Audit Evidence and the diff between Evidence and Procedures, which is a very important topic for your exam, as it always comes in Q#3 for 5-10 Marks. In this lecture, we will cover the following:

i)  Audit Evidence.
ii)  How to write a correct Evidence
iii) Drafting Techniques
iv) Structure and Professional Skills marking techniques and Tips

Complete topics, past paper questions, and solutions have been discussed in this lecture. By the end of this session, you will have a better understanding of how the examiner asks questions on Audit Evidences and drafting, and the linking of the scenario.

This is the 6th lecture of Block 3 on Audit Report and its Implication, which is a very important topic for your exam, as it always comes in Q#3 for 15-25 Marks. In this lecture, we will cover the following:

i)  Audit Report.
ii)  Content of Report
iii) Types of Opinion and their drafting
iv) EOMP, OMP, KAM, MURTGC explanations and their drafting
vi) Critical Appraise

Complete topics, past paper questions, and solutions have been discussed in this lecture. By the end of this session, you will have a better understanding of how the examiner asks questions on the Audit Report and its implications, and the linking of the scenario.

This is the 7th lecture of Block 3 on IFRS-18 and its Implication on Audit, which is a very important topic for your exam, as it always comes in Q#1 and Q#3 for 15-20 Marks. In this lecture, we will cover the following:

i)  IFRS-18 Knowledge.
ii)  How to write a correct Accounting treatment
iii) Drafting Techniques
iv) Structure and Professional Skills marking techniques and Tips

Complete topics, past paper questions, and solutions have been discussed in this lecture. By the end of this session, you will have a better understanding of how the examiner asks questions about how IFRS-18 impacts drafting and the linking of the scenario.

This is the 8th lecture of Block 3 on Related Party Relationships and Transactions, which is a very important topic for your exam. In this lecture, we will cover the following:

i)   Difference b/w Related Party relationship and transactions.
ii)  Scope, Timing, and Nature of the Engagement.
iii) Management Responsibility Vs Auditors' Responsibility
iv) Drafting and linking
v) Types of questions

Complete topics, past paper questions, and solutions have been discussed in this lecture. By the end of this session, you will better understand how the examiner asks questions on Related Party Relationships and Transactions and the linking of this Topic with Block-2 topics.

This is the 1st lecture of Block 4 on Due Diligence, which is a very important topic for your exam. In this lecture, we will cover the following:

i)   Purpose of the Due Diligence.
ii)  Benefits of Due Diligence.
iii) Type of Insurance
iv) Additional Information
v) Specific matters

Complete topics, past paper questions, and solutions have been discussed in this lecture. By the end of this session, you will have a better understanding of how the examiner asks questions on Due Diligence and the linking of this Topic with Block-2 topics.

This is the 2nd lecture of Block 4 on Forensic Audit, which is a very important topic for your exam. In this lecture, we will cover the following:

i)   Responsibility of the Audit Firm.
ii)  Scope, Timing, and Nature of the Audit.
iii) Forensic Audit Strategy
iv) Course of Action
v) Types of questions

Complete topics, past paper questions, and solutions have been discussed in this lecture. By the end of this session, you will have a better understanding of how the examiner asks questions on Forensic Audit and the linking of this Topic with Block-1 topics.

This is the 3rd lecture of Block 4 on Audit of Performance Information, which is a very important topic for your exam. In this lecture, we will cover the following:

i)  Measurability and Reliability.
ii)  Scope, Timing, and Nature of the Engagement.
iii) Matters to be considered
iv) Types of questions

Complete topics, past paper questions, and solutions have been discussed in this lecture. By the end of this session, you will have a better understanding of how the examiner asks questions on Audit of Performance Information and the linking of this Topic with Block-2 topics.

This is the 4th lecture of Block 4 on Review of Prospective Financial Information, which is a very important topic for your exam. In this lecture, we will cover the following:

i)   Difference b/w Performance and Prospective Information.
ii)  Scope, Timing, and Nature of the Engagement.
iii) Historical and Projection Strategy
iv) Drafting and linking
v) Types of questions

Complete topics, past paper questions, and solutions have been discussed in this lecture. By the end of this session, you will better understand how the examiner asks questions on Review of Prospective Financial Information and the linking of this Topic with Block-2 topics.

This is the 5th lecture of Block 4 on Audit of Less Complex Entities, which is a very important topic for your exam. In this lecture, we will cover the following:

i)  Difference b/w Complex and Less Complex Entities.
ii)  Scope, Timing, and Nature of the Engagement.
iii) How to Perform Procedures
iv) Drafting and linking
v) Types of questions

Complete topics, past paper questions, and Possibilities have been discussed in this lecture. By the end of this session, you will better understand how the examiner asks questions on Audit of Less Complex Entities and the linking of this Topic.

This is the 6th lecture of Block 4 on ISAE3000 Assurance Engagement Other than Audit and Review, which is a very important topic for your exam. In this lecture, we will cover the following:

i)  Difference b/w Assurance and Non-Assurance Engagement.
ii)  Scope, Timing, and Nature of the Engagement.
iii) How to Perform Procedures
iv) Drafting and linking
v) Types of questions

Complete topics, past paper questions, and Possibilities have been discussed in this lecture. By the end of this session, you will better understand how the examiner asks questions on Assurance Engagement other than Audit and Review, and the linking of this Topic with Block-3.

This is the 7th lecture of Block 4 on Audit of Crypto Trader, which is a very important topic for your exam. In this lecture, we will cover the following:

i)  Difference b/w the Audit of Crypto Client and other clients.
ii)  Scope, Timing, and Nature of the Engagement.
iii) How to Perform Procedures
iv) Drafting and linking
v) Types of questions

Complete topics, practice questions, and Possibilities have been discussed in this lecture. By the end of this session, you will better understand how the examiner asks questions on Crypto Engagement, and the linking of this Topic with Block-3.

ISSA 5000 Sustainability Assurance is the hot topic of today's world. We, as an Auditor, do a Financials Audit. What if there is non-financial information? Then how do we respond?
This standard ISSA 5000 helps us in adopting the impact of double materiality, the type of procedures, the type of engagement, and the Risks and Ethical issues implemented.
This Standard is the most favourite of the AAA examiner, and after this lecture, students will rock this topic.

This Million Dollar Lecture provides students with a comprehensive understanding of the AAA exam structure and the types of questions.
A complete walkthrough of all the questions, such as Q#1, Q#2, and Q#3.
Time management techniques that students often lack.
What to write and how to write the specific details
Drafting and linking with the case studies
How to get  Professional Skills Marks

This Audit risk and responses cheat sheet will help Advanced Audit and Assurance students regarding linking and drafting of the Procedures.
Procedures are a core area of AAA. I every exam sitting examiner asks 10-15 mark procedures.
After this cheat sheet and lecture, students will easily write case-specific procedures.

In this lecture, I've explained how examiners test questions in different exam sittings. After this lecture, students understand the type of questions and the requirements regarding what to write and how to write.
In this lecture, the recent exam sitting questions were discussed in detail analysis.

In this lecture, I've covered all the possibilities of the Risks and responses which have been tested or will be tested in the future sessions.
This lecture will help the auditor understand how to write a correct risk assessment and responses.

Mostly, Students got confused between audit procedures and audit evidence. Examiner asks for evidence, but students write about procedures. Due to this misconception, students lose their marks. After this lecture student will not face any difficulty. I've done all the conceptual difficulties in a very simple and easy way.

This is Question no 1 of the December 22 ACCA AAA examination, Mercurio Co.
In question # 1, the examiner tested 4 parts:
a) Business Risks for 10 marks
b) ROMM / Audit risks for 25 marks
c) Audit procedures for 6 marks
d) Ethical and Professional issues
Total marks covered in Q#1 are 50. Out of 50, 40 marks are for the answer, whereas 10 marks are for professional skills. In this lecture, students will learn how to write an effective business risk and audit risk, along with correct audit procedures. Students will also learn how to grab the 10 professional marks.

This is Question no 2 of the December 22 ACCA AAA examination, Kobold Co.
In question # 2, the examiner tested 2 parts for 25 Marks:
a) System of Quality Management
b) Matters to be considered before acceptance
Total marks covered in Q#2 are 25. Out of 25, 20 marks are for the answer, whereas 5 marks are for professional skills. In this lecture, students will learn how to draft an answer using the system of Quality Management and draw conclusions regarding the acceptance of a new client and the provision of new services to an existing client.

This is Question no 3 of the December 22 ACCA AAA examination, Marlos Co.
In question # 3, the examiner tested 2 parts for 25 Marks:
a) Matters to be considered near completion stage (Knowledge of Reporting)
b) Implications on Audit Report
Total marks covered in Q#3 are 25. Out of 25, 20 marks are for the answer, whereas 5 marks are for professional skills. In this lecture, students will learn how to draft the answer with the Matters to be considered at the completion stage and the correct implication of the matter on the audit opinion.

This is Question no 1 of the March/June 21 ACCA AAA examination, Pale Co.
In question # 1, the examiner tested 4 parts:
a) Business Risks for 10 marks
b) ROMM / Audit risks for 25 marks
c) Audit procedures for 6 marks
d) Ethical and Professional issues
Total marks covered in Q#1 are 50. Out of 50, 40 marks are for the answer, whereas 10 marks are for professional skills. In this lecture, students will learn how to write an effective business risk and audit risk, along with correct audit procedures. Students will also learn how to grab the 10 professional marks.

This is Question no 2 of the March/June 21 ACCA AAA examination, Bond Co.
In question # 2, the examiner tested the complete Question for 25 Marks:
Quality Management of the Group Audit
Total marks covered in Q#2 are 25. Out of 25, 20 marks are for the answer, whereas 5 marks are for professional skills. In this lecture, students will learn how to draft an answer using the system of Quality Management regarding planning and Performance of the Group Audit.

This is Question no 3 of the March/June 21 ACCA AAA examination, Matty Co.
In question # 3, the examiner tested 2 parts for 25 Marks:
a) Matters to be considered near completion stage (Knowledge of Reporting) & evidence
b) Appropriateness of the draft Audit Report
Total marks covered in Q#3 are 25. Out of 25, 20 marks are for the answer, whereas 5 marks are for professional skills. In this lecture, students will learn how to draft the answer with the Matters to be considered at the completion stage and the correct appropriateness of the Report.

This is Question no 1 of the March/June 23 ACCA AAA examination, Encore Co.
In question # 1, the examiner tested 4 parts:
a) ROMM / Audit risks for 25 marks
b) Inventory as a Risk &  Audit Procedures
c) Ethical and Professional issues
Total marks covered in Q#1 are 50. Out of 50, 40 marks are for the answer, whereas 10 marks are for professional skills. In this lecture, students will learn how to write an effective business risk and audit risk, along with correct audit procedures. Students will also learn how to grab the 10 professional marks.

This is Question no 2 of the March/June 23 ACCA AAA examination, Slainder Co.
In question # 2, the examiner tested two parts for Question for 25 Marks:
a) Quality Management for Acceptance Matters
b) Cashflow Forecast
Total marks covered in Q#2 are 25. Out of 25, 20 marks are for the answer, whereas 5 marks are for professional skills. In this lecture, students will learn how to draft an answer using the system of Quality Management regarding planning and Performance and Cashflow Forecast

This is Question no 3 of the March/June 23 ACCA AAA examination, Crawley Co.
In question # 3, the examiner tested 2 parts for 25 Marks:
a) Weakness in Internal Controls and Communication with TCWG
b) Extract of the Report
Total marks covered in Q#3 are 25. Out of 25, 20 marks are for the answer, whereas 5 marks are for professional skills. In this lecture, students will learn how to draft the answer with weakness in Internal control and communication with TCWG and Extract of the report appraisal.

This is Question no 1 of the Sept/Dec 23 ACCA AAA examination, Hammer Co.
In question # 1, the examiner tested 4 parts:
a) Business Risks
b) ROMM / Audit risks for 25 marks
c) Audit Procedures
d) Ethical and Professional issues
Total marks covered in Q#1 are 50. Out of 50, 40 marks are for the answer, whereas 10 marks are for professional skills. In this lecture, students will learn how to write an effective business risk and audit risk, along with correct audit procedures. Students will also learn how to grab the 10 professional marks.

This is Question no 2 of the Sept/Dec 23 ACCA AAA examination, Baker Co.
In question # 2, the examiner tested two parts for Question for 25 Marks:
a) Quality Management for Acceptance Matters
b) Audit Procedures for Insurance
Total marks covered in Q#2 are 25. Out of 25, 20 marks are for the answer, whereas 5 marks are for professional skills. In this lecture, students will learn how to draft an answer using the system of Quality Management regarding planning and Performance and Insurance Procedures

This is Question no 3 of the September / December 23 ACCA AAA examination, Sunningdale Co.
In question # 3, the examiner tested 2 parts for 25 Marks:
a) Matters to be considered near completion stage (Knowledge of Reporting) & evidence
b) Impact on Report
Total marks covered in Q#3 are 25. Out of 25, 20 marks are for the answer, whereas 5 marks are for professional skills. In this lecture, students will learn how to draft the answer with the Matters to be considered at the completion stage and the correct appropriateness of the Report.

In this Live Session #1, students will explore the complete topic of the overall objectives of an independent auditor, along with a benchmark question.

This session will not only cover the main concepts but also provide a comprehensive understanding of the fundamentals. Even if a student has not studied this topic before, they will be able to grasp the material easily.