Audit and Assurance

575.00 525.00


The aim of this module is to enable students to develop, understand and apply risk-based audit methods for both audit and assurance. Its focus is on providing the core knowledge of audit processes from the appointment, to planning, performance, and reporting in accordance with International Standards on Auditing (ISA).

On completion of this module, candidates will reach a competency sufficient to be able to:

(A) Define and explain the nature of audit and assurance engagements

(B) Outline how International Standards on Auditing are developed and updated

(C) Identify and explain the regulatory, professional and ethical issues relevant to those carrying out an audit or assurance engagement

(D) Identify and explain the processes involved in accepting and managing audit or assurance engagements

(E) Plan for, describe and explain, the performance of, audit and assurance engagements in accordance with the terms of the engagements and appropriate standards

(F) Outline the nature of the evidence required for a specified audit or assurance engagement

(G) Outline the nature of the review required for a specified audit engagement
(H) Outline the procedures to conclude and draft a report on specified audit assurance engagements

(I) Explain the role of Internal Audit in relation to Assurance and External Audit

Remember: You will get the Examination Analysis Document (November 2019) Examination Sitting