
In this short introduction, I give you an overall view of AAA syllabus and the coverage.
In this lesson, you will learn the reasons for regulating audit and assurance practices. The chapter also covers the principles of corporate governance, the importance of having an audit committee, and the responsibilities of directors and auditors in relation to the compliance with rules and regulations. Lastly, you will learn the requirement of ISA250 Consideration of Laws and Regulations.
In this chapter, you will learn the definition of money laundering, the process of money laundering and how to combat money laundering.
In chapter 3, you will learn how to apply the code of ethics to professional practices. ISA240 The Auditor's Responsibilities Relating to Fraud in an Audit of Financial Statements will be covered in this chapter.
In chapter 3, you will learn how to apply the code of ethics to professional practices. ISA240 The Auditor's Responsibilities Relating to Fraud in an Audit of Financial Statements will be covered in this chapter.
In chapter 3, you will learn how to apply the code of ethics to professional practices. ISA240 The Auditor's Responsibilities Relating to Fraud in an Audit of Financial Statements will be covered in this chapter.
In chapter 3, you will learn how to apply the code of ethics to professional practices. ISA240 The Auditor's Responsibilities Relating to Fraud in an Audit of Financial Statements will be covered in this chapter.
In chapter 4, professional liabilities are introduced. How to reduce professional liabilities by using various methods.
In chapter 4, professional liabilities are introduced. How to reduce professional liabilities by using various methods.
In chapter 4, professional liabilities are introduced. How to reduce professional liabilities by using various methods.
In chapter 5, standard ISA220 Quality Control for An Audit of Financial Statement and ISQC 1 are covered. In this chapter, you will learn how to comply with quality control in the audit engagement and audit firm
In chapter 6, you will learn the process of tendering and professional appointments.
In this chapter 7, you will learn the most important topic. This chapter covers question 1 of the examination. You will learn how to explain business risk, risk of material misstatements, and audit risks. You will be able to design audit procedures. ISA300, ISA315 and 330 are covered in this chapter.
In this chapter 7, you will learn the most important topic. This chapter covers question 1 of the examination. You will learn how to explain business risk, risk of material misstatements, and audit risks. You will be able to design audit procedures. ISA300, ISA315 and 330 are covered in this chapter.
In this chapter 8, you will learn a lot of important audit knowlege. It covers the following ISAs:
ISA 500 Audit Evidence
ISA 501, Audit Evidence—Specific Considerations for Selected Items
ISA 505, External Confirmations
ISA 510, Initial Audit Engagements—Opening Balances
ISA 520, Analytical Procedures
ISA 530, Audit Sampling
ISA 540, Auditing Accounting Estimates and Related Disclosures
ISA 550, Related Parties
ISA 580, Written Representations
ISA 610, Using the Work of Internal Auditors
ISA 620, Using the Work of an Auditor’s Expert
In this chapter 9, you will learn the following ISAs:
ISA 450 Evaluation of Misstatements Identified during the Audit
ISA 510 Initial Audit Engagements- Opening Balances
ISA 560 Subsequent Events
ISA 570 Going Concern
ISA 710 Comparative Information—Corresponding Figures and Comparative Financial Statements
ISA 720 The auditor’s responsibilities relating to other information in documents containing audited financial statements
In this chapter 10, ISA 600, Special Considerations—Audits of Group Financial Statements (Including the Work of Component Auditors) is covered.
In this chapter 11, you will learn Audit Related Services and Assurance Services
In chapter 12, you will learn the nature of forensic auditing. In chapter 13, you will learn how to issue an audit opinion based on the finding of audit evidence. The ISAs covered in the chapter include ISA700, ISA701, ISA705, ISA706.
In chapter 14, you will learn how to issue a report to the management to convey the deficiency of internal controls and other issues. In chapter 15, the syllabus covers professional issues, ethics, and IT-related issues. In the final chapter 16, the current issues regarding social and environmental auditing are discussed.
This course is a complete Advanced Audit and Assurance (AAA-INT) course that cover all the syllabus. There are 11 tutorial sessions to teach you how to write good answers step by step.
The course starts with the legal and regulatory environment including money laundering, and professional and ethical considerations, including the Code of Ethics and professional liability. This then leads to procedures in quality management, including quality management relevant to the firm and the engagement level and the acceptance and retention of professional engagements.
The course then covers the audit of financial statements, including audit planning, and audit evidence gathering. It then covers the completion, evidence evaluation, and review and reporting on an audit of historical financial information.
The next section moves on to other assignments including prospective financial information, due diligence, and forensic audit as well as the reporting of these assignments.
The next section covers current issues and developments relating to the provision of audit-related and assurance services
The final section of the course contains outcomes relating to the demonstration of appropriate digital and employability skills in preparing for and taking the AAA examination. This includes being able to access and open exhibits, requirements, and response options from different sources and being able to use the relevant functionality and technology to prepare and present response options in a professional manner.
Tutorial sessions are also included in the course. You can develop your examination skills by going through the tutorials.