ACCA AAA - Monthly Study Plan

DESCRIPTION MONTH
Introduction and Course Information
Welcome to the course Oct-19
Orientation Session Oct-19

Revision of Important Accounting Standards

IAS 10 — Events After the Reporting Period Nov-19
IAS 37 — Provisions, Contingent Liabilities & Contingent Assets Nov-19
IAS 16 — Property, Plant and Equipment Nov-19
IAS 38 — Intangibles Nov-19
IAS 23 — Borrowing Costs Nov-19
IAS 36 — Impairment of Assets Nov-19
IAS 40 — Investment Property Nov-19
IFRS 5 — Non-current Assets Held for Sale & Discontinued Operations Nov-19
IFRS 3 — Business Combinations Nov-19
IFRS 10 — Consolidated Financial Statements Nov-19
IAS 27 — Separate Financial Statements Nov-19
IAS 28 — Investments in Associates and Joint Ventures Nov-19
IAS 20 — Government Grants Nov-19
IAS 33 — Earning Per Share Nov-19
IAS 24 — Related Party Nov-19
IFRS 2 — Share Based Payment Nov-19
IFRS 13 — Fair Value Measurement Nov-19
IFRS 9 — Financial Instruments Nov-19
IFRS 15 — Revenue from Contracts with Customers Nov-19
IFRS 16 — Leases Nov-19

Audit Evidence & Audit Procedures

Understanding Audit Evidence & Audit Procedures Nov-19
Types of Questions Examined from Audit Evidence & Audit Procedures Nov-19
Technique for Drafting Audit Evidence & Audit Procedures Nov-19
Practice of Selected Questions from Each IAS / IFRS Nov-19
Reading Important Articles Issued by the ACCA Global Examination Team Nov-19

Audit Risk and Risk of Material Misstatement

Categories of Risks Dec-19
Understanding Audit Risk and Risk of Material Misstatement Dec-19
Understanding the Audit Bucket Methodology Dec-19
Understanding the Audit Risk and Risk Factors Dec-19
Types of Questions Examined from Audit Risk Dec-19
Technique for Drafting Audit Risks Dec-19
Practice of Selected Questions Dec-19
Reading Important Articles Issued by the ACCA Global Examination Team Dec-19

Business Risk
Relationship Between Audit and Business Risk Dec-19
Indicators of Business Risk Dec-19
Technique for Drafting Audit Risks Dec-19
Practice of Selected Questions Dec-19
Reading Important Articles Issued by the ACCA Global Examination Team Dec-19

Audit Conclusion & Reporting

ISA 450 — Evaluation Of Misstatements Identified During the Audit Dec-19
ISA 700 — Audit Reporting Dec-19
ISA 701 — Key Audit Matters Dec-19
ISA 705 — Modifications to the Opinion in the Independent Auditor’s Report Dec-19
ISA 706 — Emphasis of Matter Paragraphs and Other Matter Paragraphs Dec-19
ISA 710 — Comparative financial information Dec-19
ISA 720 The auditor's responsibility in relation to other information in documents
containing audited financial statements Dec-19
Types of Questions Examined from Audit Conclusion & Reporting Dec-19
Technique for Drafting Audit Conclusion & Reporting Dec-19
Practice of Selected Questions Dec-19
Reading Important Articles Issued by the ACCA Global Examination Team Dec-19

Other Important Standards

ISA 402 - Audit considerations relating to entities using service organisations Jan-19
ISA 510 — Initial engagements – opening balances Jan-19
ISA 540 — Auditing accounting estimates, including fair value accounting
estimates and related disclosures Jan-19
ISA 560 — Subsequent Events Jan-19
ISA 570 — Going Concern Jan-19
ISA 580 — Written representations Jan-19
ISA 600 — Special considerations – audit of group financial statements (including
the work of component auditors) Jan-19
ISA 610 — Using the work of internal auditors Jan-19
ISA 620 — Using the work of an expert Jan-19
Practice of Selected Questions from each Standard Jan-19

Other Assignments
Prospective Financial Information Jan-19
Practice of Selected Questions of Prospective Financial Information Jan-19
Forensic Audit Jan-19
Practice of Selected Questions of Forensic Audit Jan-19
Due Diligence Jan-19
Practice of Selected Questions of Due Diligence Jan-19
Social and Environmental Audit Jan-19
Practice of Selected Questions of Social and Environmental Audit Jan-19
Performance Information in Public Sector Jan-19
Practice of Selected Questions of Performance Information in Public Sector Jan-19
Reading Important Articles Issued by the ACCA Global Examination Team Jan-19

Quality, Professional & Ethical Issues

Understanding the Need for Quality Jan-19
Quality Control at Firm Level Jan-19
Quality Control at Engagement Level Jan-19
Understanding the Need of Professionalism Jan-19
How Professionalism effects Quality of Audit Jan-19
Understanding the Need of Ethics Jan-19
Fundamental Principles Jan-19
Threats to Fundamental Principles Jan-19
Safeguards and Types of Safeguards Jan-19
Specific Circumstances Covered by the Code of Ethics Jan-19
Types of Questions Examined from Audit Risk Feb-19
Technique for Drafting Audit Risks Feb-19
Practice of Selected Questions Feb-19
Reading Important Articles Issued by the ACCA Global Examination Team Feb-19

Other Miscellaneous Topics

Professional Skepticism Feb-19
Anti-Money Laundering Feb-19
Reading Other Articles Issued by the ACCA Global Examination Team Feb-19

Session Wind-up Feb-19

Final Mock Feb-19

Result of Mock Feb-19