ACCA AA Revision June 2025 Intake

🎯 Course Goal of Audit and Assurance (AA) To provide learners with the knowledge and skills necessary to understand the audit process, apply auditing standards, and perform assurance engagements. The course aims to develop the ability to plan, conduct, and report on audits and assurance services with integrity, objectivity, and professional skepticism.

✅ Learning Outcomes of AA By the end of the course, learners should be able to: 1. Understand the Role of Auditing and Assurance Explain the purpose and types of audits and assurance engagements. Understand the regulatory framework and ethical requirements governing auditors. 2. Plan and Conduct an Audit Plan an audit engagement, including risk assessment and materiality considerations. Perform audit procedures to gather sufficient and appropriate evidence. 3. Evaluate Audit Evidence Assess the reliability and relevance of audit evidence. Identify and evaluate risks of material misstatement in financial statements. 4. Report Audit Findings Prepare audit reports that communicate findings clearly and accurately. Understand the types of audit opinions and their appropriate use. 5. Apply Professional Ethics and Skepticism Demonstrate professional ethics, independence, and objectivity in audit practice. Apply professional skepticism throughout the audit process.