ACCOUNTANCY TRAINING AND EDUCATION CENTRE (ATEC)
COURSE OUTLINE
PROGRAMME:
DURATION:
DAY(S):
MODE:
COMPONENT:
LECTURER:
CAMPUS:
Lecture
Number
A Great Place to Learn.
ACCA
July - Dec 2016
Monday & Friday
Part-Time
ACCA F8 - Audit and Audit Assurance
Mrs. Salisha Mohammed
Champs Fleurs
Lecture Day &
Date
Time
Hrs
Cum
Hrs
Lecture Topic (s)
No./
Type of
Session
Important Concepts/ Ideas to know/
Learning Outcomes
Expected
Reading
Other Matters
Questions
Items Due
For Next
Class
End of Chapt
quest
Chapt 1 & 2
End of Chapt
quest
Chapt 3
1
Monday
4-Jul-16
5:00pm 9:00pm
4
4
Internal Audit Part 1
Lt
Identify and explain the general principles of
Chapt 1 & 2
external audit engagements
2
Monday
11-Jul-16
5:00pm 9:00pm
4
8
Internal Audit Part 2
Lt
Explain the statutory regulations governing
the appointment and removal of auditors.
Chapt 1 & 2
Explain the main ISA's and other standards.
3
Monday
18-Jul-16
5:00pm 9:00pm
4
12
Audit and Regulation
Lt
Understand the application of ISA's to org.
Explain the importance of forming an audit
opinion
Chapt 3
4
Monday
25-Jul-16
5:00pm 9:00pm
4
16
Corporate Governance
Lt
Ethics and legal consequences of business
transactions. Discuss ACCA's Code of ethics
and conduct.
Chapt 4
Past paper ques
Monday
1-Aug-16
5
Friday
5-Aug-16
5:00pm 9:00pm
4
20
Professional Ethics
Lt
Understand the difference between ethics
and corporate governance as it pertains to
the audit engagement.
Chapt 5
Past paper ques
6
Monday
8-Aug-16
5:00pm 9:00pm
4
24
Risk Assessment Part 1
Lt
Describe risk assessment procedures in
conducting an audit. Calculate materiality in
any given situation.
Chapt 6
Clico Case
revisited
7
Monday
15-Aug-16
5:00pm 9:00pm
4
28
Risk Assessment Part 2
Lt
Understand the implications of fraud
detection. Discuss the significance of
documentation when conducting an audit.
Chap 6
8
Friday
19-Aug-16
5:00pm 9:00pm
4
32
Question Review
Lt
Past Paper review
9
Monday
22-Aug-16
5:00pm 9:00pm
4
36
Internal Control and
Audit Planning
Lt
Prepare an audit plan and describe the
contents of working papers. Describe the
contents of the overall audit strategy.
Chapt 7
End of chapt
quest
Group work
Past paper
quest
10
Monday
29-Aug-16
5:00pm 9:00pm
4
40
Test of Controls Part 1
Lt
Discuss the quality and quantity of audit
evidence
Chapt 8
End of chapt
quest
past paper
question
review
Chapt 9
11
Monday
5-Sep-16
5:00pm 9:00pm
4
44
Test of Controls Part 2
Lt
Explain how auditors record internal control
systems. Provid examples of computer
system controls in a given scenario.
Chapt 9
past paper
question
review
Chapt 10
12
Monday
12-Sep-16
5:00pm 9:00pm
4
48
Sampling and Not for
profit entities
Lt
Explain sampling procedures for sales
system and purchases system. Audit
procedures for not for profit entities
Chapt 10
End of chapt
quest
past paper
question
review
Topic Review
13
Monday
19-Sep-16
5:00pm 9:00pm
4
52
Non-Current Assets
Lt
Audit sampling for NCA. Understand the
purpose of the FA register. Discuss the
extent of reliance on work collection from
external audit.
Chapt
11&12
Group Work
past paper
question
review
Chapt 11
14
Monday
26-Sep-16
5:00pm 9:00pm
4
56
Inventory & Audit
Review
Lt
Explain the purpose of substantitative
procedures in relation to audit. Review of
inventory and significance of documentation.
Audit procedures for payables and accruals
Chapt 13
and 16
Group Work
past paper
question
review
Chapt 14
15
Monday
3-Oct-16
5:00pm 9:00pm
4
60
Receivables/ Liabilities
and Equity
Lt
Apply substantitative procedures to
receivables. Explaint the significance of
occurence, completeness and accuracy of all
transactions.
Chapt 14
Clico Case
revisited
past paper
question
review
Chapt 15
Group work.
Source audited
FS
Chapt 4
Chapt 5
Public Holiday
Past paper
quest
Past paper
quest
ACCOUNTANCY TRAINING AND EDUCATION CENTRE (ATEC)
COURSE OUTLINE
PROGRAMME:
DURATION:
DAY(S):
MODE:
COMPONENT:
LECTURER:
CAMPUS:
Lecture
Number
A Great Place to Learn.
ACCA
July - Dec 2016
Monday & Friday
Part-Time
ACCA F8 - Audit and Audit Assurance
Mrs. Salisha Mohammed
Champs Fleurs
Lecture Day &
Date
Time
Hrs
Cum
Hrs
Lecture Topic (s)
No./
Type of
Session
Important Concepts/ Ideas to know/
Learning Outcomes
Expected
Reading
Other Matters
Chapt 15
Liquidity ratios
16
Monday
10-Oct-16
5:30pm 7:30pm
2
62
Cash and bank
Online
Session
Apply substantitative procedures to cash and
bank transactions. Bank confirmation
procedures.
17
Friday
14-Oct-16
5:00pm 9:00pm
4
66
Topic Review
Lt
Past Paper review
18
Monday
17-Oct-16
5:00pm 9:00pm
4
70
Topic Review
Online
Session
Practice questions
T=Tutorial
Lb = Lab
Key / Legend
Lt = Lecture
EP = Exam Prep
Last Notes: SBCS reserves the right to make changes to the information contained herein. Any changes effected to the information
contained herein will be made known to all students concerned via class announcement. It is thus the responsibility of the student
to attend all classes and to keep abreast of matters should they be absent from any class session. Students are advised and encouraged
to contact their fellow classmates for updates where class sessions have been missed.
Date syllabus last modified: January, 2016
Questions
Items Due
For Next
Class
Chapt 16