Advanced Audit and Assurance (Paper 3.2)
This course is designed to provide candidates with the necessary knowledge and higher-level skills to perform the responsibilities of a registered auditor within the framework of relevant Ghana legislation and international standards. Module outcomes are based on the requirements of the International Standards on Auditing (ISA). Further work is then developed to cater for the requirements of public sector audits.
Instructor
John Lotsa
What You'll Learn
Course Curriculum
A1: Introduction to Advanced Audit and Assurance; The Regulatory Environment
This lesson covers the nature and purpose of audit and assurance engagements ...
A1: Introduction to Advanced Audit and Assurance; The Regulatory Environment_Part 2
This lesson covers the nature and purpose of audit and assurance engagements ...
Rules of Professional Conduct: Ethical Threats, Safeguards and Dilemmas_Part 1
This lesson focuses on the ICAG/IESBA Code of Ethics as it applies at the adv...
Rules of Professional Conduct: Ethical Threats, Safeguards and Dilemmas_Part 2
This lesson focuses on the ICAG/IESBA Code of Ethics as it applies at the adv...
A3: Professional Responsibility and Legal Liability
This lesson covers the auditor's exposure to liability under both criminal an...
A4: Obtaining Professional Work: Tendering, Advertising and Fees
Related Chapter(s): Chapter 5 (part). This lesson covers the professional and...
B1: Agreeing the Terms of Audit Engagements: ISA 210
This lesson focuses entirely on ISA 210 and what must be agreed before an aud...
B2: Quality Management: ISA 220 and ISQM 1
This lesson describes how audit quality is actually managed within a firm. It...
B3: The Audit Approach and the Business Risk Approach
This lesson describes the main audit strategies available to an auditor and t...
B4: The Remaining Audit Approaches: Systems-Based and Statement of Financial Position
This lesson focuses on the two audit strategies not covered in Lesson B3— the...
B5: Audit Planning: The Audit Plan and Strategy Document
This lesson focuses on the audit plan itself. It describes the auditor's over...
B6: Internal Audit and Outsourcing: Planning for Reliance
This lesson closes Module B by focusing on internal audit and outsourcing. It...
C1: Developing the Audit Plan: Risk Assessment and Materiality_Part 1
This lesson covers the analytical core of audit planning: applying the audit ...
C1: Developing the Audit Plan: Risk Assessment and Materiality_Part 2
This lesson covers the analytical core of audit planning: applying the audit ...
C2: Developing the Audit Plan: IT Control and Automated Tools Techniques
This lesson covers the remaining building blocks of the audit plan: assessing...
C3: Gathering Evidence: Tests of Control and Substantive Procedures_Part 1
This lesson focuses on executing the audit plan. Candidates design tests of c...
C3: Gathering Evidence: Tests of Control and Substantive Procedures_Part 2
This lesson focuses on executing the audit plan. Candidates design tests of c...
C4: Gathering Evidence: Specific Areas and Transaction Cycles
This lesson covers the audit of specific financial statement areas under key ...
C5: Documentation, Related Parties, Representations and Estimates
This lesson covers ISA 230 documentation requirements, ISA 550 related partie...
C6: Group Audits: Component Auditors, Joint Audits and Multi-Location Evidence
This lesson covers the application of the evidence-gathering framework to gro...
D1: Evaluation and Review: Subsequent Events, Risk Issues and Final Judgements_Part 1
This lesson covers the completion stage of the audit: procedures for identify...
D1: Evaluation and Review: Subsequent Events, Risk Issues and Final Judgements_Part 2
This lesson covers the completion stage of the audit: procedures for identify...
D2: Forming the Audit Opinion and the Auditor's Report_Part 1
This lesson focuses on the decision at the heart of the engagement: advising ...
D2: Forming the Audit Opinion and the Auditor's Report_Part 2
This lesson focuses on the decision at the heart of the engagement: advising ...
E1: Government External Audit and Public Accountability in Ghana
Related Chapter(s): Chapter 16. This lesson covers both halves of this syllab...
F1: Corporate Governance, Board Committees and Governance Codes
This lesson looks at why corporate governance matters to the auditor and to t...
Public Sector Audit Methods: Financial, Performance and Compliance Audits
This lesson covers the application of audit methodology to the public sector'...
The Auditing Profession: Structure, Failures and Regulatory Oversight
This lesson covers recent audit failures and their impact on the auditing pro...
Forensic Accounting and Money Laundering
This lesson covers two naturally connected contemporary threads: the need for...
Social, Environmental and Sustainability Auditing
The lesson focuses on the growth areas of social and environmental auditing a...
Digital Assets and Audit Technology: Big Data, Analytics, AI and Robotic Automation
This lesson focuses on the technology agenda that closes the course: the chal...
Student Feedback
With about 4 years of experience preparing ICAG students for the exams, complemented by about 5 years of hands-on experience in both the private and public sectors in auditing and accounting roles, respectively, I bring both examination expertise and practical, real-world insight to every session. Holding the NTC license as a professional teacher speaks volumes about my pedagogical skills.
John Lotsa
InstructorWith about 4 years of experience preparing ICAG students for the exams, complemented by about 5 years of hands-on experience in both the private and public sectors in auditing and accounting roles, respectively, I bring both examination expertise and practical, real-world insight to every session. Holding the NTC license as a professional teacher speaks volumes about my pedagogical skills.