ACCA P7 lectures

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1 Rules of Professional Conduct (1 hour 52 minutes)

 

2 Professional Responsibility and Liability (58 minutes)

 

3 Regulatory Environment (53min)

 

4 Practice Management (1 hour)

 

5 Audit Process (59min)

 

6 Evidence (1 hour 28 min)

 

7 Evaluation and Review (1 hour 5 min)

 

8 Audit of Financial Statements (36 min)

 

9 Group Audits (45 min)

 

10 The external audit report (50 min)

 

11 Audit Related Services (Non Audit Services) (1 hour 14 min)

 

12 Assurance Services (1 hour 7 min)

 

13 Prospective Financial Information (PFI) (25 min)

 

14 Internal Audit (48 min)

 

15 Outsourced Finance and Accounting Functions (24 min)

 

16 Social and Environmental Audits (30 min)


Alternative ACCA Paper P7 lectures

Chapter 1

Rules of Professional Conduct (part 1) Introduction to Paper P7, Example 1
Rules of Professional Conduct (part 2) The IFAC code of Ethics, Example 2
Rules of Professional Conduct (part 3) Professional duty of confidentiality

Chapter 2

Professional Responsibility and Liability (part 1) Fraud and error
Professional Responsibility and Liability (part 2) Professional liability
Professional Responsibility and Liability (part 3) Limiting auditors’ liability

Chapter 3

Regulatory Environment – Corporate governance, Audit committees

Chapter 4

Practice Management (part 1) Quality control
Practice Management (part 2) Direction, supervision and review Example 1
Practice Management (part 3) Quality control

Chapter 5

Audit Process (part 1) Fundamental concepts relating to an audit
Audit Process (part 2) Risk assessments and internal controls (ISA 400)
Audit Process (part 3) Example 2
Audit Process (part 4) Risk based auditing

Chapter 6

Evidence (part 1) ISA 500 – Audit evidence, Example 1 & 2
Evidence (part 2) Using the work of an expert (ISA 620) Example 4

Chapter 7

Evaluation and Review (part 1) Final review, ISA 510 Initial engagements
Evaluation and Review (part 2) Going concern ISA 570

Chapter 8

Audit of Financial Statements (part 1) Objectives of an Audit Example 1 & 2
Audit of Financial Statements (part 2) The audit of deferred tax Example 3

Chapter 9

Group Audits (part 1) ISA 600 Using the work of another auditor
Group Audits (part 2) Joint audits, Fair Values

Chapter 10

The external audit report (part 1) Auditors’ report on financial statements ISA 700
The external audit report (part 2) Matters that do affect the auditors’ opinion

Chapter 11

Audit Related Services (Non Audit Services) (part 1) Audit assignment and a non-audit assignment
Audit Related Services (Non Audit Services) (part 2) Agreed-upon procedures ISA 920
Audit Related Services (Non Audit Services) (part 3) Engagements to compile financial information ISA 930

Chapter 12

Assurance Services

Chapter 13

Prospective Financial Information (PFI)

Chapter 14

Internal Audit

Chapter 15

Outsourced Finance and Accounting Functions

Chapter 16

Social and Environmental Audits