http://freeaccastudymaterial.blogspot.

com/

co
m/

Contents

Page

Introduction

log
sp
o t.

Helping you to pass .......................................................................................................................................................... v

Studying P7 .................................................................................................................................................................... vii
Syllabus and study guide............................................................................................................................................... xiii
The exam paper ........................................................................................................................................................... xxiii

Part A Regulatory environment

1

International regulatory environments for audit and assurance services .................................................................. 3

Part B Professional and ethical considerations

Code of ethics and conduct ................................................................................................................................... 33

Professional liability.............................................................................................................................................. 67

Part C Practice management

4
5

l.b

2
3

Quality control....................................................................................................................................................... 97
Obtaining and accepting professional appointments ........................................................................................... 111

Part E Other assignments

Audit-related services and other assurance services............................................................................................ 349

Prospective financial information (PFI)................................................................................................................ 379
Forensic audits.................................................................................................................................................... 393
Social, environmental and public sector auditing ................................................................................................ 405
Internal audit and outsourcing............................................................................................................................. 431

Part F Reporting

Reporting............................................................................................................................................................. 449

as

17

tud

12
13
14
15
16

ate

Planning and risk assessment ............................................................................................................................. 135

Evidence.............................................................................................................................................................. 183
Evaluation and review (I) ..................................................................................................................................... 217
Evaluation and review (II) matters relating to specific accounting issues.......................................................... 251
Evaluation and review (III) matters relating to specific accounting issues......................................................... 277
Group audits and transnational audits ................................................................................................................. 315

ym

6
7
8
9
10
11

ria

Part D Audit of historical financial information

Part G Current issues and developments

Current issues ..................................................................................................................................................... 475

cc

18

List of articles by the examining team ....................................................................... 489

ea

Practice question and answer bank ........................................................................... 493

Index......................................................................................................................... 575

htt
p:/

/fr
e

Review form

Contents

http://freeaccastudymaterial.blogspot.com/

iii