About the Lecturer

Christine Nangle has in excess of 20 years Academic and industry experience in the area of Accounting, Finance and Audit. Having trained with Deloittes – she is a member of the Institute of Chartered Accountants Ireland and is the current Academic Head of the Discipline of Accounting with Technological University Dublin.

Why choose PAT for your ACCA exam preparation?

1. We are an ACCA Platinum Approved Learning Partner
2. You can access lecturers from anywhere; lectures will be streamed live online from our Dublin City Centre classrooms
3. We have a unique exam-focused approach with a combination of lectures, revision days and exam preparation sessions (EPS’s)
4. Through regular mock exams and corrected homework, our lecturers will offer structured feedback and support
5. You’ll receive access to tuition materials online as well as recordings of the lectures
6. Sitting a CBE assessed paper for the first time? Our exam-focused approach will get you CBE-ready

ACCA AAA – Advanced Audit and Assurance Syllabus & Exam

Aim

The aim of AAA is to analyse, evaluate and conclude on the assurance engagement and other audit and assurance issues in the context of best practice and current developments.

Objective of the Syllabus

Recognise the legal and regulatory environment and its impact on audit and assurance practice,
Demonstrate the ability to work effectively on an assurance or other service engagement within a professional and ethical framework,
Assess and recommend appropriate quality control policies and procedures in practice management and recognise the auditor’s position in relation to the acceptance and retention of professional appointments,
Identify and formulate the work required to meet the objectives of audit assignments and apply the International Standards on Auditing,Evaluate findings and the results of work performed and draft suitable reports on assignments,
Identify and formulate the work required to meet the objectives of non-audit assignments,
Understand the current issues and developments relating to the provision of audit-related and assurance services.

Exam Format

The syllabus is assessed by a three-hour 15 minutes examination. The examination is constructed in two sections. Questions in both sections will be largely discursive. However, candidates will be expected, for example, to be able to assess materiality and calculate relevant ratios where appropriate.

Section A
Section A will comprise a Case Study, worth 50 marks, set at the planning stage of the audit, for a single company, a group of companies or potentially several audit clients. Candidates will be provided with detailed information, which will vary between examinations, but is likely to include extracts of financial information, strategic, operational and other relevant financial information for a client business,  as well as extracts from audit working papers, including results of analytical procedures. Candidates will be required to address a range of requirements, from syllabus sections A, B, C and D, thereby tackling a real world situation where candidates may have to address a range of issues simultaneously in relation to planning, risk assessment, evidence gathering and ethical and professional considerations. Four professional marks will be available in Section A and will be awarded based on the level of professionalism with which a candidate’s answer is presented, including the structure and clarity of the answer provided.

Section B
Section B will contain two compulsory 25 mark questions, with each being predominately based around a short scenario. One question will always predominantly come from syllabus section E, and consequently candidates should be prepared to answer a question relating to Advanced Audit and Assurance (AAA) (INT) completion, review and reporting. There are a number of formats this question
could adopt, including, but not limited to, requiring candidates to assess going concern, the impact of subsequent events, evaluating identified misstatements and the corresponding effect on the auditor’s report. Candidates may also be asked to critique an auditor’s report or report which is to be provided to management or those charged with governance. The other Section B question can be drawn from any other syllabus section, including A, B, C, D and F.

To read more about AAA and to access past exam papers please click here.

Should you have any further questions, please contact us at [email protected] or on 01-8352963