Global On Demand(GOD) Class For Advanced Audit and Assurance (AAA)

How to approach the Advanced Audit and Assurance (AAA) exam

AAA has a wide ranging syllabus, which includes the audit of historical financial information (‘audit’) and other specific assignments. It builds
on the Audit and Assurance and Strategic Business Reporting (SBR) exams, by introducing more complex topics and covering the basic topics
from different angles to reflect the challenges auditors will face in their professional life. Current issues, exposure drafts and developments in audit
including emerging technologies also feature. Questions are set in the context of single entities, groups and private or public sector organisations.
To prepare for AAA effectively you need to understand the nature of the exam and what you will be asked to do.

Main capabilities

On successful completion of this exam, candidates should be able to:
A – Recognise the legal and regulatory environment and its impact on audit and assurance
practice
B – Demonstrate the ability to work effectively on an assurance or other service engagement
within a professional and ethical framework
C – 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
D – Identify and formulate the work required to meet the objectives of audit assignments and
apply the International Standards on Auditing
E – Evaluate findings and the results of work performed and draft suitable reports on
assignments
F – Identify and formulate the work required to meet the objectives of non-audit assignments
G – Understand the current issues and developments relating to the provision of audit-related
and assurance services