ACCA Certificate in Auditing

Course details

1. Auditing Standards
The International Federation of Accountants (IFAC)
The International Auditing and Assurance Standards Board (IAASB)
The framework of International Standards on Auditing (ISAs)
ISAs - what they represent and how they are set.
2. ISA 200, Overall Objectives
Overall objectives of an audit of financial statements
General principles governing auditors and their work
The nature and scope of an audit.
3. ISA 230, Audit Documentation
Preparing and retaining documentation
Assembly of the final audit file
Confidentiality.
4. ISA 240, Fraud in an audit of financial statements
5. Planning
ISA 300, Planning an audit of financial statements
ISA 315, Understanding the entity and its environment
ISAs 320 and 450, Audit materiality and evaluation of misstatements.
6. Internal Control and Risk Assessment
ISA 265, Communicating deficiencies in internal control to those charged with governance and management
ISA 315, Assessing the risks of material misstatements
ISA 402, Audit considerations relating to an entity using a service organisation.
7. ISA 500, Audit Evidence
8. ISA 501 Audit Evidence - specific considerations for selected items
9. ISA 505 External confirmations
10. Analytical Procedures, Audit Sampling and Written Representations
ISA 520, Analytical procedures
ISA 530, Audit Sampling
ISA 580, Written representations.
11. Internal Auditing
ISA 610, Using the work of Internal Auditors
12. Reporting
ISA , Auditor's report on financial statements
ISA 570 Going concern Updated on 24 January, 2018