F8 Audit and Assurance Technical Articles
The Association of Chartered Certified Accountants (ACCA) has a vast library of technical articles covering various accounting and finance topics.
This index links ACCA's most popular articles on AA, organized by subject. Whether you are an ACCA member, these resources can help deepen your understanding of auditing principles and practices and help you pass the AA exams.
The articles are updated regularly, so be sure to check back often!
Audit framework and regulation (A)
Auditors should understand both their responsibilities under the law as well as those of management.
Planning and risk assessment (B)
Risk and understanding the entity
Those interested in the audit field must be well versed with ISA 315 (Revised 2019).
The concept of audit risk is outlined and explained in this article. The essential standards that guide auditors about risks they might face are also introduced, giving you a better understanding of your chances should something go wrong while performing an examination.
ISA 330 and responses to assessed risks
Outlining the requirements of ISA 330.
How working papers provide evidence that an effective, efficient, and economic audit has been carried out.
Internal control (C)
Also available as a podcast on iTunes
This article will help you better understand the different payroll frauds that could be affecting your company. You'll learn about how these crimes work, what precautions must be taken to prevent them from happening, and which internal controls need improvement or replacement after an audit has already been done on one stage of the wages system.
Specific aspects of auditing in a computer-based environment
This article guides how to audit in a computer-based accounting environment.
Auditing in a computer-based environment
This article will help you understand computer-based controls and how they may appear on an exam.
Audit evidence (D)
The following article discusses the various types of assertiveness and provides helpful tips for answering questions on this topic.
Review and reporting (E)
The new standards on auditor reporting from the IAASB project in 2015 will be examinable starting September 2016. This means that candidates must know about these requirements and responsibilities for their upcoming exams, which could give them an edge over others competing with the same degree program qualifications!
When preparing for the AA exam, it is essential to understand your respective responsibilities as an auditor and those related to management. This article discusses these different aspects in more detail to better prepare yourself going forward!. Watch a lecture on Going concern to understand the concept better.
The article discusses how subsequent events can affect an entity's financial statements and what auditors need to know.
Multiple areas
Using the work of internal auditors
The article discusses how internal auditors, who work for the entity but are separate from it in many ways and could be seen as enemies by some populations due to their access to sensitive information regarding fraud or other illegal activities within an organization if given too much power. However, there's been a push towards exploring this idea of providing direct assistance, which has benefits over just handing out reports because what good does that do?
An overview of the analytical procedures relevant to the audit papers.
Closing Comments:
If you want to deepen your understanding of auditing principles and practices, or need help passing the AA exams, check out ACCA's vast library of technical articles. Updated regularly, these resources can provide you with everything you need to know to succeed. And if you're looking for more comprehensive training, be sure to visit Eduyush.com – where we offer BPP Training that will prepare you for success. Thanks for reading!
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