Audit and Assurance Essentials: For Professional Accountancy Exams, + Website

CONTENTS

Introduction

Chapter 1: Auditors, Audits and Other Types of Assurance and Passing the Exam First Time

1.1 The Need for Audit and Other Types of Assurance

1.2 Passing the Exam First Time

Chapter 2: Taking on Professional Work and Maintaining Standards

2.1 Introduction to Professional Standards

2.2 Fundamental Principles, Threats and Safeguards

2.3 Changes in a Professional Appointment

2.4 Obtaining Professional Work

2.5 Professional Ethics: Fees

2.6 Professional Ethics: Conflicts of Interest and Hospitality

2.7 Professional Ethics: Independence and Objectivity

2.8 Appointing and Removing Auditors

2.9 Agreeing Engagement Terms

Chapter 3: Housekeeping: Planning, Materiality and Documentation

3.1 Planning

3.2 Materiality

3.3 Audit Documentation

Chapter 4: The Core of the Audit

4.1 Risk Assessments

4.2 Audit Evidence

4.3 Responding to Risk

4.4 Audit Tools

4.5 More Audit Tools: Using the Work of Others

4.6 Related Parties, Initial Engagements, Opening Balances and Comparative Information

Chapter 5: Corporate Governance, Professional Liability, Regulation and Other Current Issues

5.1 Corporate Governance

5.2 Professional Liability, Regulation and Other Current Issues

Chapter 6: Audit Reporting

6.1 Audit Finalisation

6.2 Modified and Unmodified Audit Opinions

6.3 Emphasis of Matter and Other Matter Paragraphs, Going Concern

6.4 Communications with Management and those Charged with Governance

6.5 Other Information

Chapter 7: Fraud, Money Laundering, Forensic Accounting, Financial ...