AAA UK Textbook Syllabus
Chapter 1
Syllabus A. Regulatory Environment
A1. International Regulatory Frameworks
All subject exam questionsA2. Money Laundering
- Money Laundering Basics0:40
- Money Laundering - Steps
- International Efforts on Money Laundering2:17
- Scope of Money Laundering2:25
- How Accountants May Be Protected2:19
- Ethical Framework or Rules
- How Accountants Prevent Money Laundering2:31
- Importance of Customer Due Diligence
- Reporting Duties1:09
- Anti-Money Laundering Programme
- ACCA factsheet 145 on Money Laundering
A3. Laws and regulations
- Responsibilities of management and auditors2:53
- Non-Compliance Discovery2:46
- How to Report on Non-Compliance1:13
- When to Withdraw From the Engagement2:28
Chapter 2
Syllabus B. Professional and Ethical Considerations
B1. Code of Ethics for Professional Accountants
- Fundamental Principles2:23
- Confidentiality1:03
- Threats5:18
- Typical threats6:47
- Safeguards4:30
- Resolving Ethical Issues
- Conceptual Framework
- Professional Scepticism1:14
- Professional Scepticism and Judgement1:14
B2. Fraud and Error
- Definitions
- Management and Auditor Responsibilities1:47
- Investigating Misstatements
- Reporting Fraud and Error
- Audit Approach
B3. Professional Liability
- When are Auditors Liable to their Client?4:08
- When are Auditors Liable to 3rd Parties?1:47
- The Expectation Gap
Chapter 3
Syllabus C. Practice Management
C1. Quality Control
- Definitions for Quality Control
- Principles & Purpose1:37
- Elements of a QC system5:13
- Engagement Performance1:40
- Assigning the Audit Team
- Individual level of Quality Control
C2. Advertising & Tendering
All subject exam questionsC3. Professional appointments
All subject exam questionsChapter 4
Syllabus D. Audit of Historical Financial Information
D1. Planning, materiality and risk
- Materiality3:20
- Business Risk1:34
- Components of Audit Risk16:57
- Affecting Audit Risk2:21
- Evaluation of Misstatements
- Analytical Procedures in Planning3:46
- Contents of the Plan1:11
- Why Plan an Audit?1:58
- Initial Engagement
- How to get Initial Understanding2:21
D1g. Transnational audits
D2. Evidence
- The Assertions Explained3:19
- Procedures for obtaining evidence
- Using Assertions
- Evidence for Assertions and Disclosures
- Using CAATs
- Initial Engagements
- Analytical procedures4:04
- IAS 24 Related Parties11:39
- Auditing Related Parties3:17
D3. Evaluation and review
- Inventory
- Non Current Assets - Cost
- Non-current Assets - Depreciation
- Non-current Assets - Revaluation
- Non-current Assets - Impairments
- IAS 38 Intangible asset1:48
- Auditing Intangible Assets
- Development cost
- Some typical examples
- Investment property
- Assets Held for Sale4:04
- Auditing Held for Sale
- Financial assets - Accounting Treatment2:50
- Impairment of Financial Instruments3:58
- Financial liabilities - Categories3:49
- Fair Value Audit
- Government Grants - audit
- Leases - Introduction
- Sale and leaseback
- Provisions10:29
- Auditing Provisions
- Auditing Warranty Provisions
- IAS 23 Borrowing Costs6:22
- Pensions Introduction3:25
- Share Based Payments - Introduction9:05
- Auditing SBP
- Deferred tax basics
- IAS 24 Related Parties11:39
- Revenue Recognition - IFRS 15 - introduction7:20
- Revenue Recognition - IFRS 15 - 5 steps
- Revenues - Presentation in financial statements
- Group accounting audit
- Auditing Goodwill
- Step Acquisitions
- IAS 10 Events After The Reporting Period
- Foreign exchange effects
- IFRS 8 Determining Reporting segments
- IAS 33 EPS Introduction2:20
- Changes in Accounting Policy
- Comparatives2:32
- Auditing Social and Environmental Matters
D4. Using the work of others
- Why Rely on Experts?1:46
- Why Rely on Internal Audit?1:49
- Internal v External Audit0:55
- Scope and limitations of Internal Audit
- Should a Process be bought?
- Outsourcing v Insourcing4:36
- Outsourcing internal audit2:10
- Auditing an outsourced function
D5. Group Audits
- Should we accept the job?
- Planning a group audit5:11
- Support letters
- Horizontal groups
- Auditing Goodwill
- Modified Audit Reports
- The work of component auditors2:40
- Joint Audits
Chapter 5
Syllabus E. Completion, Review And Reporting
E1. Subsequent Events And Going Concern
- Auditor responsibility for Subsequent Events4:30
- Purpose of a Subsequent Events Review
- Going Concern Review & Indicators5:03
- Going Concern Responsibilities
- Going Concern Disclosures and Reporting
E2. Completion And Final Review
- Analytical procedures at review stage
- Assess Audit planned and Performed correctly
- The Need For An Engagement Quality Control Review
- Written representations from management
E3. Auditor’s Reports
- Structure of an Unmodified report
- Audit Opinion
- Modified Component's Opinion
- EOM and Other Matter Compared
- Other Information
Chapter 6
Syllabus F. Other Assignments
F2. Review of interim financial information
All subject exam questionsF2. Prospective Financial Information
- Definition of PFI
- Prospective Financial Information
- Accepting a PFI engagement
- Procedures and Assurance on PFI
F2. Forensic audits
All subject exam questionsF4. Audit and Insolvency
F5. Reporting on other assignments
Chapter 7