ACCA-Strategic Professional - Strategic Professional - Options - Advanced Audit & Assurance
The Advanced Audit & Assurance syllabus covers the legal and regulatory environment including money laundering, professional and ethical considerations, practice management, the audit of financial statements, and audit reporting.
It also covers other assignments including prospective financial information, due diligence, forensic audit as well as current audit-related and assurance services issues and developments.
Identify the legal and regulatory environment and its impact on audit and assurance practice
Demonstrate the ability to work effectively on an assurance or other service engagement within a professional and ethical framework
Assess and recommend relevant quality control policies and procedures in practice management
Identify the auditor’s role in relation to the acceptance and retention of professional appointments
Identify and formulate the work required to meet the objectives of audit assignments and apply the International Standards on Auditing (UK)
Evaluate findings and the results of work performed and draft suitable reports on assignments
Identify and formulate the work required to meet the objectives of non-audit assignments
Understand the current issues and developments relating to the provision of audit-related and assurance services