ACCA-F8考试---总复习ppt.ppt

ACCA Paper F8 – Audit and assurance Course slides Syllabus Examiner Format of the Exam The June 2008 exam The December 2007 exam The BPP Learning Media classroom slides Chapter 1 Audit and other assurance engagements Purpose of an external audit Assurance engagements Assurance engagements Assurance process Agree scope Terms of engagement Plan Collect evidence Review and opinion Report Levels of Assurance Assurance engagements Benefits: Independent opinion Management bias reduced Risk identified Improved confidence in information Question practice – end of Chapter 1 Chapter 2 Statutory audit and regulation Regulatory environment National legislation International legislation The profession itself IFAC International Federation of Accountants IFAC Structure Question practice – end of Chapter 2 Chapter 3 Regulatory environment and corporate governance Scope Authority of IAASB Pronouncements Corporate Governance The way in which companies are operated and controlled Communication with stakeholders OECD Principles Rights of shareholders Treatment of shareholders Role of stakeholders Disclosure and transparency Responsibility of the board Codes of corporate governance The Combined code Board principles Chairman and CEO NEDs Directors properly briefed Appointment Remuneration Remuneration committee The Combined Code Shareholders Enter into dialogue Use of AGM Considered use of votes Corporate governance and the external auditor Statement of responsibilities Review compliance with 9 provisions Directors’ review of internal controls Liaise with audit committee Directors’ remuneration disclosure Directors’ statement of going concern The nine provisions to review Directors’ responsibility for preparation of accounts Review of internal controls Audit committee structure Audit committee terms of reference Terms of reference available and in annual report Audit committee review ability for staff to raise concerns Effectiveness of internal audit Audit committee responsibili