FinRisk Solutions

Search

Find insights quickly

search
Qualification Pathway Level 2 — Expertise

ACCA E3 - Audit, Risk and Control

Understand how audit, risk management and internal control give stakeholders confidence in financial information.

ACCA E3 - Audit, Risk and Control

Learning Objectives

5 objectives
check_circle

Explain the concept of audit and the responsibilities of the auditor, including the ACCA Code of Ethics and Conduct.

check_circle

Plan an audit

accept engagements, assess risks and understand the entity and its environment.

check_circle

Assess internal control systems and corporate governance, and communicate deficiencies.

check_circle

Describe how audit evidence is gathered, including automated tools and techniques and the work of others.

check_circle

Explain how an audit is completed, including going concern and subsequent events, and the independent auditor's report.

Programme Outline

5 topics
1

The audit ecosystem

What audit and assurance are for, the ethical code that binds auditors, and the quality systems firms maintain.

2

Planning and risk assessment

Deciding whether to take on an engagement, understanding the client, assessing risk, and planning and documenting the work.

3

Internal control

How controls are built and assessed, how weaknesses are reported, and how governance supports them.

4

Audit evidence

What counts as evidence, how procedures obtain it, and when work done by others can be relied on.

5

Completion and reporting

The final stage: later events, going concern, management representations and the auditor's report.

Hands-On Resources

Missed a live session? Catch up here.

play_circle
Recorded Lectures Every live session is recorded and available within 24 hours.
Watch → Coming soon
description
Case Study Library Real-world accounting case studies used throughout the course.
Download → Coming soon
quiz
Practice Question Bank Exam-style questions with full worked solutions.
Access → Coming soon

Qualification Pathway

17 examinations
1
Level 1 — Knowledge ACCA K1 - Financial Accounting
£2,100.00 View →
2
Level 1 — Knowledge ACCA K2 - Management Accounting
£2,100.00 View →
3
Level 1 — Knowledge ACCA K3 - Business Law
£2,100.00 View →
4
Level 1 — Knowledge ACCA - Responsible Business Management (Essential Employability Module)
£2,100.00 View →
5
Level 2 — Expertise ACCA E1 - Taxation
£2,600.00 View →
6
Level 2 — Expertise ACCA E2 - Financial Reporting
£2,600.00 View →
7
Level 2 — Expertise ACCA E3 - Audit, Risk and Control
£2,600.00 This page
8
Level 2 — Expertise ACCA E4 - Finance and Investment
£2,600.00 View →
9
Level 2 — Expertise ACCA E5 - Performance with Data Analysis
£2,600.00 View →
10
Level 2 — Expertise ACCA - Digital Tech and Innovation (Essential Employability Module)
£2,600.00 View →
11
Level 3 — Strategic Professional ACCA S1 - Business and Sustainability Reporting
£3,200.00 View →
12
Level 3 — Strategic Professional ACCA S2 - Strategic Business Leader
£3,200.00 View →
13
Level 3 — Strategic Professional ACCA SAA - Audit and Assurance Professional
£3,200.00 View →
14
Level 3 — Strategic Professional ACCA SCF - Corporate Finance Professional
£3,200.00 View →
15
Level 3 — Strategic Professional ACCA SDS - Data Science Professional
£3,200.00 View →
16
Level 3 — Strategic Professional ACCA SPI - Performance and Insights Professional
£3,200.00 View →
17
Level 3 — Strategic Professional ACCA STA - Taxation Advisory Professional
£3,200.00 View →
Accounting ◆ Finance & Investment ◆ Actuarial Science ◆ Risk Management ◆ Executive Education ◆ Accounting ◆ Finance & Investment ◆ Actuarial Science ◆ Risk Management ◆ Executive Education ◆