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Home Specialist skills Finance ACA - Assurance, Risk and Reporting - Revision
ACA - Assurance, Risk and Reporting - Revision
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Advise on the regulatory, professional and ethical issues relevant to those carrying out assurance work
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Know the processes involved in accepting and managing assurance engagements
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Plan assurance engagements in accordance with the terms of the engagements and appropriate international auditing and assurance standards
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Conclude and report on assurance engagements in accordance with the terms of the engagements and international auditing and assurance pronouncements
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Explain the contribution and inherent limitations of financial statements, apply the IFRS Foundation’s conceptual framework for financial reporting and identify and explain key ethical issues
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Prepare and present financial statements from accounting data for single entities in conformity with IFRS® Accounting Standards
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Explain the application of IFRS® Accounting Standards and IFRS® Sustainability Standards to specified single entity scenarios
Overview
Off the shelf (OTS)
The ACA Professional Level builds on your foundational knowledge, deepening your understanding of areas across auditing, taxation, financial accounting and reporting, financial management, tax compliance and business strategy. Focusing on complex decision-making, you’ll learn to interpret financial statements, assess risk, apply tax regulations, and audit accounts. Continue your ACA journey and get a step closer to becoming an ICAEW chartered accountant.
The first part of the module aims to develop students’ understanding of the critical aspects of managing an assurance engagement (including audit engagements): acceptance, planning, managing, concluding and reporting.
The second part of this module to enable students to prepare complete single entity financial statements, and extracts from those financial statements, covering a wide range of International Financial Reporting Standards (IFRS® Standards).
Delivery method
Virtual
Digital
Course duration
29 hours
Competency level
Working
Delivery method
-
Virtual
-
Digital
Course duration
29 hours
Competency level
-
Working
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