AAF8

Syllabus A1. The Concept Of Audit And Other Assurance Engagement 1 / 4

a) Identify and describe the objective and general principles of external audit engagements.
b) Explain the nature and development of audit and other assurance engagements.
c) Discuss the concepts of accountability, stewardship and agency.
d) Define and provide the objectives of an assurance engagement.
e) Explain the five elements of an assurance engagement.
f) Describe the types of assurance engagement
g) Explain the level of assurance provided by an external audit and other review engagements and the concept of true and fair presentation.
The Concept Of Audit And Other Assurance Engagement