View All Papers →BTBusiness and TechnologyMAManagement AccountingFAFinancial AccountingLWCorporate and Business LawPMPerformance ManagementTXTaxationFRFinancial ReportingAAAudit and AssuranceFMFinancial ManagementSBLStrategic Business LeaderSBRStrategic Business ReportingAFMAdvanced Financial ManagementAPMAdvanced Performance ManagementATXAdvanced TaxationAAAAdvanced Audit & Assurance
Dip IFRS
Advanced Audit and Assurance
About this Paper
Advanced Audit and Assurance focuses on the highest level of audit and assurance engagements, demanding professional judgement in complex, unstructured scenarios. This paper covers the entire audit process, including accepting engagements, planning, evidence gathering, and reporting, with a focus on group audits, non-audit assignments, and emerging audit issues. It prepares the professional to make high-level decisions regarding audit risk, ethics, and the regulatory environment.
What You'll Learn (Curriculum)
- Advanced understanding of the regulatory and professional environment for audit.
- The ethical and professional issues related to accepting and planning complex audit engagements.
- Detailed assessment and response to audit risk in various scenarios, including IT.
- Practical issues relating to group audits and specific non-audit assignments (e.g., due diligence).
- The preparation and evaluation of audit reports and final conclusions.
Course Index
22 chapters • 39h 23m- 04. Mastering Professional Skills00:15:38
- 01. Faculty Intro00:15:49
- 03. Kaplan Text Syllabus00:25:23
- 02. Intro to AAA, Syllabus00:30:59
- CP1 - Regulatory Bodies00:21:42
- Cp4 - Responsibilities00:07:39
- Cp4 - Responsibilities00:07:26
- Cp3 - Ethics00:13:40
- Cp2 - Money Laundering00:05:11
- 01. Intro to Revision Modules00:04:10
- 01. Exam Tips and Guidance00:16:58
- 02. Ethics and threats with safeguards00:38:12
- 01. Code of Ethics and Conduct00:11:54
- 08. Exam Approach00:03:45
- 07. After Acceptance00:05:50
- 06. Engagement Letter00:10:04
- 05. Acceptance Considerations00:12:20
- 04. Fees Considerations00:24:16
- 03. Names and Descriptions00:27:56
- 02. Tendering00:19:10
- 01. Intro and Changing Auditors00:07:55
- 08. Exam Approach00:04:26
- 07. Monitoring and Remidiation00:16:02
- 06. Engagement Quality Review00:08:45
- 05. Engagement Performance00:13:54
- 04. Engagement Resources00:16:22
- 03. Acceptance00:07:30
- 02. Elements of QMS00:10:02
- 01. Intro00:09:35
- 03. Auditors Liabilities00:20:42
- 02. Fraud00:29:20
- 01. Auditors responsibilities00:30:15
- 04. Reporting00:07:53
- 03. Procedures and Problems in SES00:13:20
- 02. Planning the SES Engagement00:04:56
- 01. Introduction to SES Reporting00:46:16
- 08. Transnational Audit00:11:50
- 07. Joint Audit00:10:51
- 06. Audit Report of GA00:12:24
- 05. Audit of Consol FS00:15:16
- 04. Audit Risks in GA00:10:50
- 03. Planning and Performing GA00:40:21
- 02. Acceptance of GA00:11:40
- 01. Group Audit Intro00:16:44
- 04. Reporting, Characteristics00:13:26
- 03. Planning00:07:50
- 02. Performance Information00:05:37
- 01. Intro00:05:59
- 03. Assurance, Procedures00:16:49
- 02. Acceptance00:06:07
- 01. Intro and Types of Forensic Audits00:17:08
- 05. Approach to Exam Question00:07:11
- 04. Reporting00:04:13
- 03. Procedures00:19:08
- 02. Level of Assurance00:07:36
- 01. PFI and Acceptance Considerations00:20:56
- 01. Review of interim financial information00:21:25
- 03. Reporting00:15:06
- 02. Assurance Levels00:07:38
- 01. Intro and Related Services00:45:33
- 04. Basis of Opinion00:09:13
- 03. Recap of Audit Opinion00:11:32
- 12. Exam Approach00:15:29
- 11. Communication with TCWG00:15:29
- 10. Other Matter00:07:20
- 09. Responsibilities of Auditors and Mnagement00:12:19
- 08. Other Information in Annual Report00:09:45
- 07. Emphasis of Matter00:14:13
- 06. Key Audit Matters00:17:08
- 05. Going Concern00:02:58
- 02. Audit Opinion00:29:46
- 01. Intro00:12:44
- 07. Approach to Exam Questions00:19:40
- 06. ISA 580 - Written Representations00:12:48
- 05. ISA 450 - Evaluation of Mis-statements00:13:34
- 04. Final Analytics00:18:36
- 03. ISA 570 - Going Concern00:42:45
- 02. ISA 560 - Subsequent Events00:27:03
- 01. Intro00:05:18
- 16. ISA 710 - Comparitive Information00:17:37
- 15. ISA 510 - Initial Engagements00:16:29
- 14. ISA 540 - Accounting Estimates00:20:29
- 13. ISA 550 - Related Party Transactions00:31:00
- 12. ISA 402 - Service Organizations00:21:58
- 11. ISA 610 - Work of Internal Auditors00:15:58
- 10. Mgt and Audit Experts00:12:38
- 09. Substantive Procedures00:28:07
- 08. ISA 230 - Audit documentation00:09:53
- 07. ISA 530 - Audit Sampling00:25:32
- 06. ISA 505 - External Confirmations00:16:24
- 05. ISA 501 - Additional Audit Procedures00:13:03
- 04. Audit Procedures00:53:39
- 03. Understanding the Entity00:11:53
- 02. Obtaining Audit Evidence00:25:10
- 01. Intro00:15:32
- 16. Exam Approach00:46:36
- 15. Professional Skepticism00:25:04
- 14. Business Risk00:17:02
- 13. Audit Risk00:07:59
- 12. RMM - Control Risk00:02:54
- 11. RMM - Inherent Risk00:22:44
- 10. Performance Materiality00:28:34
- 09. Materiality - Volume and Nature00:21:00
- 08. ISA 315 - Current Developments00:09:54
- 07. Components of Internal Control00:51:50
- 06. Understanding the Entity00:26:09
- 05. Analytical Procedures00:23:53
- 04. Risk of Material Mistatement00:25:57
- 03. Audit Strategy00:21:45
- 02. Risks00:23:17
- 01. Review of All Auditing Standards00:34:20
- 08. Audit Committee 200:20:19
- 07. Audit Committee 100:49:44
- 06. Remuneration00:24:58
- 05. Audit, Risk and Control00:16:12
- 04. Composition, Succession00:11:27
- 03. Division of Responsibilities00:27:06
- 02. Corp Gov 100:19:56
- 01. Regulatory Environment00:20:40
- 07. Question Practise00:10:55
- 06. Exam Approach for DD00:06:46
- 05. Procedures in DD00:08:51
- 04. Acceptance Considerations00:18:09
- 03. Due Diligence vs Audit00:08:26
- 02. External Consultants00:09:08
- 01. Intro to Due Diligence00:25:56
- 08. Student Doubts00:11:16
- 07. Ethical and TYU00:17:03
- 06. Other controls00:27:55
- 05. Customer Due Diligence00:11:59
- 04. MLTF and KYC00:17:48
- 03. Anti ML Programs00:21:42
- 02. Offensese under ML00:27:29
- 01. Intro and Definition00:11:18
Meet Your Tutor
Sai Manikanta Pedamallu
CMA (US), ACCA (UK), CSCA (US), Dip IFRS, AFA (UK), MIPA (Aus), M.Com, M.B.A
Sai Manikanta Pedamallu is a highly-rated ACCA Tutor, CMA US Instructor, and Dip IFRS Trainer with over a decade of experience in finance and education. He holds extensive qualifications, including Qualified ACCA (UK), CMA (US), CSCA (US), and Dip IFRS. In the corporate world, he serves as an ERP Product Manager and Finance Controller. Known for his dynamic teaching and practical insights, he empowers students to excel in global finance qualifications and consistently receives high student ratings.
This Course Includes:
- Learn from a Qualified ACCA.
- Pre recorded content accessible via laptop, PC, Android mobiles, Android Tabs, I-Phones, and I-Pads.
- 3X Views with 6 Months validity by default. Extension provided if needed. (free or chargeable based on reason).
- 24*7 tutor support on Telegram and WhatsApp.
- Soft copies of Materials provided within the Course fee.
- Digital Class Notes – Shared as PDF Files via Google Drive.
- Student shall be added to the telegram group of the subject after enrollment.