Vertex Learning Solutions ACCA AA (F8) - Audit and Assurance - Exams in 2023 Detailed Study Plan Prepared For Plan Creation Date Exam Preparation Start Date Exam Preparation End Date Total Course Duration Selected Content Duration Days Per Week Selected Total Hours Spent Per Week September 2023 Attempt 01 June 2023 01 June 2023 22 August 2023 81 Hrs 81 Hrs Monday / Tuesday / Wednesday / Thursday / Friday / Saturday 17 Hrs Day & Topics Day 1 - 01 June 2023 F8 Chapter 1 - Introduction to assurance Accountability & Stewardship, Elements Of Assurance Engagement (15:56) Attestation Engagement, Direct Engagement And Internal Audit Function (15:19) Audit Objective And Purpose (16:04) True And Fair View, Reasonable Assurance, Materiality And Levels Of Assurance (19:19) Types Of Assurance And Other Assurance Engagements And Objectives (10:40) Kaplan Study Text Page 1 - 14 QUIZ - Introduction to Assurance F8 Chapter 2 - Rules and regulation Statutory Audit, The Scope And Value (19:41) Duties Of Auditor (1:06) Duties, Rights, Remuneration And Appointment Of Auditors (17:26) Auditor-S Skills And Education And Review, Supervision And Monitoring (20:10) Other Areas (04:23) Day 2 - 02 June 2023 Kaplan Study Text Page 17 - 27 QUIZ - Rules and Regulation F8 Chapter 3 - Corporate governance Advantages Of Ccg, Its Purpose And Objectives (13:35) Board'S Composition, Accountabiltiy, Directors- Remuneration (21:43) Roles And Functions Of Committees And Internal Audit Function (9:22) Cameron Co - Q21 - 25 (17:22) Saxophone Ltd (31:21) Day 3 - 03 June 2023 Kaplan Study Text Page 29 - 50 QUIZ - Corporate Governance F8 Chapter 4 - Ethics and acceptance Introduction, Independence, Princciples Of Code Of Ethics (11:23) Threats And Safeguards And Types Of Threats (13:25) Types Of Threats (6:24) Confidentiality, Conflict Of Interest, Engagement Letters & Client Continuance (18:19) Code Of Ethics - Miranda Company (19:04) In Progress Skip Completed Day & Topics Kaplan Study Text Page 57 - 67 Kaplan Study Text Page 68 - 91 BPP Practice Kit OTQS 1 - 35 Day 4 - 05 June 2023 BPP Practice Kit OTQS 1 - 35 QUIZ - Ethics and Acceptance F8 Chapter 5 - Risk Learning Objectives, Audit Risk And Misstatements (14:53) Categories Of Misstatements, Inherent, Control And Detection Risk (15:58) Professional Scepticism And Materiality (18:33) Materiality Illustration & Performance Materiality (5:35) Risk Assessment Procedures, Understanding The Entity & Its Environment (13:14) Kaplan Study Text Page 99 - 108 Kaplan Study Text Page 109 - 124 QUIZ - Risk F8 Chapter 6 - Planning Planning Process, Purpose Of Planning, Audit Strategy And Plan (16:26) Audit Strategy And Plan, Interim And Final Audit And Fraud And Error (9:23) Internal Audit, Fraud And Auditors- Responsibilities For Fraud (4:41) Day 5 - 06 June 2023 Response To Assessed Risk, Fraud, Noclar And Quality Control (15:52) Cold Reviews, Types And Forms Of Audit Documentation (12:08) Working Paper Ownership (15:57) Kaplan Study Text Page 135 - 145 Kaplan Study Text Page 146 - 167 BPP Practice Kit OTQS 36 - 70 + CRQ Question - Durjeeling Co Day 6 - 07 June 2023 BPP Practice Kit OTQS 36 - 70 + CRQ Question - Durjeeling Co BPP Practice Kit CRQ Question - Recorder, Walters, Sycamore BPP Practice Kit CRQ Question - Smoothbrush, Aquamarine Co, Kangaroo Construction Co Day 7 - 08 June 2023 BPP Practice Kit CRQ Question - Smoothbrush, Aquamarine Co, Kangaroo Construction Co BPP Practice Kit CRQ Question - Hurling, Pancer Construction, Blackberry Day 8 - 09 June 2023 BPP Practice Kit CRQ Question - Hurling, Pancer Construction, Blackberry QUIZ - Planning F8 Chapter 7 - Evidence Audit Evidence, Sufficiency And Appropriateness, Assertions And Audit Procedures (21:29) In Progress Skip Completed Day & Topics Day 9 - 10 June 2023 Explanation Of Audit Procedures And Third Party Experts (18:56) Expert, Internal Audit And Audit Sampling (17:17) Misstatements, Caats (10:47) Kaplan Study Text Page 173 - 213 QUIZ - Evidence F8 Chapter 8 - Systems and controls Systems And Controls, Contol Components, Itgs And App Controls (11:53) Communicating Deficiencies, Business Process Cycle, Icqs And Iceqs (20:36) Non Current Assets Cycle (4:52) Payroll Cycle (2:45) Inventory Cycle (7:02) Cash And Bank Cycle (5:56) Kaplan Study Text Page 219 - 229 Kaplan Study Text Page 230 - 261 QUIZ - Systems and Controls F8 Chapter 9 - Internal audit Internal Audit, Role And Difference Between Internal And External Audit (8:04) Additional Roles, Qualities & Limitations Of Ia Function (9:50) Value For Money, Operational Audit And Financial Audit (8:51) Day 10 - 12 June 2023 Kaplan Study Text Page 283 - 296 BPP Practice Kit OTQS 82 - 106 BPP Practice Kit CRQ Question - Chuck, Greystone, Tinkerbell Day 11 - 13 June 2023 BPP Practice Kit CRQ Question - Chuck, Greystone, Tinkerbell BPP Practice Kit CRQ Question - Trombone, Fox Industries, Bluesberry BPP Practice Kit CRQ Question - Bronze Industry, Lemon Quartz, Equestrian Day 12 - 14 June 2023 BPP Practice Kit CRQ Question - Bronze Industry, Lemon Quartz, Equestrian BPP Practice Kit CRQ Question - Comet Publishing, Raspberry, Camomille Day 13 - 15 June 2023 BPP Practice Kit CRQ Question - Comet Publishing, Raspberry, Camomille F8 Chapter 10 - Procedures Procedures, Directional Testing, Cash And Bank And Liabilities (13:30) Assets And Intangible Assets (8:07) Inventory Procedures (11:17) Other Areas - 1 (4:24) Other Areas - 2 (6:05) Kaplan Study Text Page 314 - 340 BPP Practice Kit OTQS 119 - 148 In Progress Skip Completed Day & Topics Day 14 - 16 June 2023 BPP Practice Kit OTQS 119 - 148 BPP Practice Kit CRQ Question - Lily, Westra, Dashing Day 15 - 17 June 2023 BPP Practice Kit CRQ Question - Lily, Westra, Dashing BPP Practice Kit CRQ Question - Rose, Andromeda, Trafic Lights Day 16 - 19 June 2023 BPP Practice Kit CRQ Question - Rose, Andromeda, Trafic Lights BPP Practice Kit CRQ Question - Hawthorn Enterprise, Airsoft, Gooseberry, Jasmine Co Day 17 - 20 June 2023 BPP Practice Kit CRQ Question - Hawthorn Enterprise, Airsoft, Gooseberry, Jasmine Co F8 Chapter 11 - Completion and review Subsequent events (19:15) Going Concern (29:51) Overall Review, Evaluation of misstatements and written representations (23:34) Kaplan Study Text Page 359 - 389 F8 Chapter 12 - Reporting Basics of Audit Report, Emphasis of matter paragraph, other matter paragraph (31:44) Types of opinions, material and pervasiveness and basis for opinions (16:54) Day 18 - 21 June 2023 Key Audit Matters and Reporting to those charged with governance (13:21) Danube Co (37:41) Kaplan Study Text Page 416 - 425 Kaplan Study Text Page 426 - 438 BPP Practice Kit OTQS 159 - 193 BPP Practice Kit CRQ Question - Panda Co Day 19 - 22 June 2023 BPP Practice Kit CRQ Question - Panda Co BPP Practice Kit OTQS 195 - 218 In Progress Skip Completed
