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AAA and SBR

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › AAA and SBR

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by Kim Smith.
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  • February 10, 2021 at 9:38 am #609895
    jenniferenenapodia
    Participant
    • Topics: 1
    • Replies: 0
    • ☆

    Hi,

    It is mentioned the in AAA study notes that students shouldn’t sit AAA without already studying SBR. Would you recommend sitting SBR and AAA in the same sitting?

    Thanks

    February 10, 2021 at 11:09 am #609913
    Kim Smith
    Keymaster
    • Topics: 133
    • Replies: 8274
    • ☆☆☆☆☆

    I would not recommend as that would contradict ACCA’s first point of advice for AAA candidates:

    https://www.accaglobal.com/uk/en/student/exam-support-resources/professional-exams-study-resources/p7.html

    “Study resources for the ACCA exam Advanced Audit and Assurance (AAA). Note that the level of accounting knowledge for AAA is aligned to the SBR syllabus. Students are ENCOURAGED to sit and pass SBR before attempting AAA.”

    That said, candidates at this level should have the wherewithal to plan their studies so they are not trying to design substantive audit procedures for share options before they know how they should be accounted for (for example).

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