ACCA 3.1 EXAM FORMAT

Paper: 3.1- AUDIT & ASSURANCE SERVICE

Examiner: KIM SMITH



Core topics: Based on format of the exam (ref:  NL July 01)

Q1 & 2

• Longest Q in the paper


• One will have an angle (not auditing)


• One may be new(proposed) engagement


• Strategy & planning issues ie audit planning (eg business & audit risk, materiality)


• Managing auditor-client relationship( practice management)

Q3

• Comment on matters affecting the f/s (ie audit matters) eg, materiality, a/c treatment


• Evidence

Q4

• Audit reports (examiner has a “passion” for this)


• Part (a) – introduce the subject, mostly 1 or 2 lines question


• Part (b) – there is a controversy regarding part (a)

Q5

• Ethics


• Adherence to fundamental principles


• Take a stance

Q6

• “Quotes” on current issues


• Mostly discussions & reach a conclusion