P7 Advanced Audit and Assurance (AAA)

By Sir. Bilal Qureshi Categories: ACCA
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About Course

Introduction

The ACCA P7 Advanced Audit and Assurance (AAA) course is a specialized program designed to elevate your expertise in audit and assurance at an advanced level, making it essential for anyone pursuing a senior role in the field. This course goes beyond the basics, focusing on advanced principles and practical applications to address complex audit and assurance challenges. Throughout the course, you’ll gain a thorough understanding of international audit standards, risk assessment techniques, and the skills required to analyze and communicate findings effectively. The ACCA P7 course prepares you not only for the ACCA AAA exam but also to handle demanding real-world responsibilities in audit and assurance across diverse industries.

As a core part of the ACCA qualification, the P7 course provides valuable skills for those seeking to lead or manage audit engagements and deliver insightful, reliable audit results. The course equips you with both technical expertise and the ability to exercise professional judgment, helping you become a trusted advisor in audit and assurance matters.

Course Objectives

By the end of this course, you will:

  1. Master advanced auditing principles and practices relevant to today’s regulatory environment.
  2. Gain proficiency in applying international auditing standards in complex, real-world scenarios.
  3. Learn to identify and assess audit risks effectively to develop robust audit strategies.
  4. Improve your ability to critically evaluate audit findings and deliver insightful recommendations.
  5. Develop essential skills in reporting and communicating audit results in a clear, impactful manner.
  6. Enhance your understanding of audit ethics, independence, and professional judgment required for quality assurance.

Why Take This Course?

The ACCA P7 Advanced Audit and Assurance (AAA) course is ideal for finance and audit professionals aiming to deepen their expertise and advance their careers. Mastering advanced audit and assurance techniques enables you to make significant contributions to your organization and clients, especially in high-stakes scenarios where regulatory and ethical standards must be upheld. This course covers a wide range of advanced topics, including group audits, forensic investigations, and professional ethics, which are critical for those planning to work in highly regulated environments or consulting roles.

In addition to preparing you for the ACCA AAA exam, this course provides hands-on skills that can be applied in real-world audit tasks, such as managing audit risks, conducting audits for complex entities, and ensuring compliance with both international and local standards. You’ll gain the knowledge needed to work in senior audit roles, whether in large firms, regulatory bodies, or as an independent auditor, significantly expanding your career opportunities.

My Approach

This course follows an interactive, engaging teaching approach designed to bridge the gap between theory and practice. I integrate real-world case studies, practice scenarios, and simulated audit tasks, giving you a chance to apply your knowledge in a controlled, educational setting. Each module is structured to reinforce core concepts, build on advanced principles, and prepare you for complex audit environments.

Through discussions, hands-on exercises, and exam-focused materials, you’ll gain both technical knowledge and practical skills, making the learning process highly relevant and applicable. This method ensures that by the end of the course, you’ll be prepared not only to pass the ACCA AAA exam but also to handle the responsibilities of a senior audit professional with confidence and skill.

Why Choose Us?

  • Engaging Learning Experience: Participate in live, interactive classes that encourage active discussion and critical thinking.
  • Flexible Access: Enjoy 24/7 access to recorded sessions, allowing you to study at your own pace.
  • Comprehensive Support: Get dedicated support through online communities and a responsive teaching team.
  • Proven Success Record: Join countless students who have passed the ACCA AAA exam and secured advanced positions in audit and assurance.

Ready to Get Started?

Enroll in the ACCA P7 Advanced Audit and Assurance (AAA) course today and equip yourself with the knowledge and skills needed to excel in high-level audit roles. With a comprehensive curriculum, a bonus crash course, and a last-week revision course, you’ll be fully prepared for exam success and beyond. Embark on a journey that will expand your expertise in audit and assurance and open doors to exciting career opportunities.

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What Will You Learn?

  • Advanced audit and assurance processes and methodologies.
  • Application of audit techniques to complex scenarios.
  • Strategies for ethical decision-making in auditing.
  • Global standards in auditing and assurance practices.
  • Techniques for interpreting and analyzing financial statements.
  • Effective audit report preparation and presentation.

Course Content

Lecture 1_Orientation session (AAA)

Lecture 2_ Risk Assessment(AAA)

Lecture 3_ Risk Assessment Exam technique and Class Quiz

Lecture 4_ ISA 315 Risk Assessment and December 2010 Question

Lecture 5_ Audit Risk Assessment_Dec and June 2010

Lecture 6_ Audit Risk Assessment_Exam Standard Questions

Lecture 7_ Quality Control_ISA 220 and ISQC 1

Lecture 8_ Quality Control_ Exam Standard Questions

Lecture 9_ Quality Control_Exam Standard Questions

Lecture 10_ Matters to consider and Audit Evidence_ ISA 330 and 500

Lecture 11_ Analytical procedures _ exam standard que on matters to consider

Lecture 12_ Matters to consider and audit evidence – Exam standard questions

Lecture 13_ Matters to consider and audit evidence Exam Standard questions

Lecture 14_ Matters to consider and audit evidence Exam standard questions

Lecture 15_ Matters to consider and audit evidence_Exam standard questions

Lecture 16_Audit Report_Underlying theory

Lecture 17_Audit Report_Underlying theory

Lecture 18_Audit Report_Underlying theory

Lecture 19_ Audit Report_ Underlying theory and exam standard questions

Lecture 20_ Audit Report_ Technical article and exam standard questions

Lecture 21_ Audit Report_ Exam Standard Questions

Lecture 22_ Audit Report_Exam standard questions

Lecture 23_ ISA 560 _ 570

Lecture 24_ ISA 580 and exam standard question on ISA 560

Lecture 25_ Exam standard question on ISA 570

Lecture 26_ Code of Ethics_ Underlying theory and Exam standard questions

Lecture 27_ PFI and ISA 210, 230 _ 240

Lecture 28_ Audit of KPIs and ISA 250, 260 _ 265

Lecture 29_ Agreed Upon Procedures including Forensic Audit and ISA 300 _ 320

Lecture 30_ ISA 402 _ 450

Lecture 31_ Due Diligence

Lecture 32_ ISA 505 _ 510

Lecture 33_ Audit of performance information

Lecture 34_ ISA 530 _ 540

Lecture 35_ Review and compilation engagements

Lecture 36_ ISA 610 and 620

Lecture 37_ ISA 600 and Corporate Governance

Lecture 38_ Controls in a computerised environement and CAATs

Lecture 39_ ISA 550 and Money Laundering

Lecture 40_ Professional liability and Data analytics

Lecture 41_ Reasons why firms not seek relection, tender documents, transnational audits, acceptance decisions and adverstising

Lecture 42 Revision Day 1

Lecture 43 Revision Day 2

Lecture 44 RevisionDay 3

Lecture 45 Revision Day 4

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