Advanced Audit and Assurance (Paper 3.2)

What you'll learn

• Evaluate and apply ethical and professional standards in complex, high-risk situations (e.g., conflicts of interest, non-assurance services).
• Plan and execute audit strategies for complex assignments, including group audits and entities using service organizations.
• Appraise evidence and exercise professional skepticism in high-risk areas involving management judgment and estimation (e.g., fair values, impairments).
• Recognize and respond to specific fraud risks and assess the appropriateness of going concern assumptions.
• Critically evaluate audit findings and form a supported audit opinion.
• Understand and apply the framework for other assurance and related services (e.g., review engagements, prospective financial information).