Audit and Assurance (AA) Course Outline

Module 1: Audit Framework and Regulation

• Concept of Audit and Other Assurance Engagements
• External Audits
• Corporate Governance
• Professional Ethics and ACCA’s Code of Ethics and Conduct

Module 2: Planning and Risk Assessment

• Obtaining, Accepting and Continuing Audit Engagements
• Objective and General Principles
• Assessing Audit Risks
• Understanding the Entity and its Environment and the Applicable Financial Reporting Framework
• Fraud, Laws and Regulations
• Audit Planning and Documentation

Module 3: Internal Control

• Systems of Internal Control
• Use and Evaluation of Systems of Internal Control by Auditors
• Tests of Controls
• Communication on Internal Control
• Internal Audit and Governance and the Differences Between External Audit and Internal Audit
• Scope of the Internal Audit Function, Outsourcing and Internal Audit Assignments

Module 4: Audit Evidence

• Assertions and Audit Evidence
• Audit Procedures
• Audit Sampling and Other Means of Testing
• Audit of Specific Items
• Automated Tools and Techniques
• Work of Others
• Not-for-Profit Organisations

Module 5: Review and Reporting

• Subsequent Events
• Going Concern
• Written Representations
• Audit Finalisation and the Final Review
• Independent Auditor’s Report

Module 6: Employability and Technology Skills

• Use Computer Technology to Efficiently Access and Manipulate Relevant Information
• Work on Relevant Response Options Using Available Functions and Technology as Required in the Workplace
• Navigate Windows and Computer Screens to Create and Amend Responses to Exam Requirements Using the Appropriate Tools
• Present Data and Information Effectively Using the Appropriate Tools

Who Should Attend This Audit and Assurance (AA) Training Course?

This Audit and Assurance (AA) Training Course is ideal for individuals with a keen interest in strengthening their expertise in auditing, governance, and financial reporting practices. It is particularly beneficial for:

• Audit Professionals
• Accountants and Finance Executives
• Internal Auditors
• External Auditors
• Compliance Officers
• Risk Management Professionals
• Corporate Governance Specialists
• Financial Analysts

Prerequisites for Audit & Assurance (AA) Training

The ACCA Audit and Assurance (AA) course requires completion of ACCA Applied Knowledge exams (BT, MA, FA), ACCA Diploma in Accounting and Business, or a relevant finance degree. No prior auditing experience is needed, but a basic understanding of accounting principles is recommended.

Audit and Assurance (AA) Training Course Overview

Audit and Assurance (AA) is the process of evaluating financial information, systems, and controls to provide assurance on accuracy and compliance. It is important because it strengthens transparency, builds trust with stakeholders, and ensures adherence to governance and ethical standards. For organisations, this training enhances audit quality, risk management, and regulatory compliance, leading to improved efficiency and credibility. For individuals, it develops technical expertise, professional ethics, and practical skills essential to succeed in audit and assurance roles. The training provides delegates with significant career benefits by equipping them with globally recognised ACCA-accredited knowledge, increasing employability and advancement opportunities in the finance and audit profession.

In this Audit and Assurance (AA) training, delegates will gain a comprehensive understanding of audit frameworks, governance structures, and professional ethics. They will learn how to plan and assess audit risks, evaluate internal controls, and apply appropriate audit procedures. Delegates will also explore how to gather and assess audit evidence, finalise reports, and understand the role of technology in auditing. The course ensures that participants develop both the technical and employability skills required to succeed in modern audit environments.

Audit and Assurance (AA) Training Course Objectives

• To develop understanding of audit frameworks and regulations
• To enhance knowledge of professional ethics and governance practices
• To apply principles of planning and risk assessment effectively
• To evaluate internal control systems and their effectiveness
• To conduct audit procedures and gather reliable audit evidence
• To review financial statements and prepare accurate audit reports

After attending this training, delegates will be able to conduct audits with greater confidence and precision, ensuring compliance with regulatory and ethical standards. They will be capable of identifying, assessing, and addressing risks effectively while applying appropriate audit procedures. Delegates will also be able to evaluate internal control systems, provide valuable recommendations, and finalise audit reports with accuracy.

What’s included in this Audit & Assurance (AA) Course?

• World-Class Training Sessions from Experienced Instructors
• Audit & Assurance (AA) Certificate
• Digital Delegate Pack