ACCA: AA (F8) - Audit and assurance
4.0 (60 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
344 students enrolled

ACCA: AA (F8) - Audit and assurance

Learn what auditors are, what auditors do and how to become an auditor.
4.0 (60 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
344 students enrolled
Created by Rowan Malherbe
Last updated 1/2019
English
English [Auto]
Current price: $69.99 Original price: $99.99 Discount: 30% off
5 hours left at this price!
30-Day Money-Back Guarantee
This course includes
  • 6.5 hours on-demand video
  • 1 downloadable resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
Training 5 or more people?

Get your team access to 4,000+ top Udemy courses anytime, anywhere.

Try Udemy for Business
What you'll learn
  • Pass your ACCA AA (F8) audit and assurance exam with great marks.
  • Understand a basic understanding of the audit environment.
  • Understand how to conduct an external audit through various audit procedures.
  • Understand the audit cycles from planning, execution and audit reports.
  • Understand internal control and how to implement them.
Requirements
  • None. This course is designed for new students with an interest in auditing and assurance.
Description

This course is aimed to develop knowledge and understanding of the process of carrying out the assurance engagement and its application in the context of the professional regulatory framework

On successful completion of this paper, candidates should be able to: 

A. 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. 

B. 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.

C. 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.

D. 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).

E. 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. 

Who this course is for:
  • Students that are studying or have an interest in auditing and assurance
Course content
Expand 19 lectures 06:29:10
+ Introduction
19 lectures 06:29:10
Statutory audit and regulation
09:53
Corporate governance
10:42
Ethics
25:30
Internal audit
12:12
Risk assessment
32:48
Audit planning and documentation
08:48
Introduction to audit evidence
07:46
Internal control
26:52
Tests of control
39:46
Audit procedures and sampling
36:14
Non-current assets
16:44
Inventory
19:34
Receivables
22:44
Cash and bank
17:16
Liabilities, capital and directors' emoluments
32:14
Not-for-profit organisations
13:38
Review and reporting
20:40
Reports
21:26
20 Question quiz
20 questions