News, guides, spotlights & exam technique

The use of ratios and comparisons in auditing

In the AA exam you can be asked to compute and interpret key ratios used in analytical procedures at both the audit planning stage and when collecting audit evidence. Ratios and comparisons can be used to identify where the accounts might be wrong and where additional auditing effort should be spent.

Exam technique: you have a VESTED interest in good answers

I have regularly lectured on ACCA Audit and Assurance. Obviously there is considerable technical content, but I never seek to be amazed by the poor answers that many students submit to even reasonably straightforward questions. I believe that there is much scope for the general improvement of answers if students attend properly to basic exam technique. Many of the points made here could be found in the examiner’s reports – but unfortunately I’m not sure how much attention st

Audit tests: the difference between tests of control and substantive tests

Analytical Procedures for ACCA AA: Ratios, Risks and Audit Responses

A guide to planning, substantive and final analytical procedures, with corrected ratio calculations and scenario-specific audit responses.

How to Pass ACCA Audit and Assurance (AA): Complete Study Guide

A detailed OpenTuition guide to the AA syllabus, audit risks, internal controls, evidence, substantive procedures, reporting, Section B technique and a realistic ten-week pass plan.

How to Study for ACCA Audit and Assurance (AA) Using OpenTuition

ACCA Audit and Assurance (AA) is not a paper to memorise mechanically. You need to understand audit risk, procedures and reporting well enough to apply them to the facts of a scenario. This guide shows how to combine OpenTuition, ACCA guidance and serious question practice.