A1.2 Audit Practices and Assurance

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.