ACCA Qualification Structure

ACCA Qualification Structure

what is ACCA Qualification?

Careers after ACCA Qualification- Here is a detailed guideline about ACCA Qualification, Entry Route, Paper Structure, and ACCA course details- Start your journey toward Accountancy Qualification


ACCA Papers List

Applied Knowledge
AB- Accounting in Business
MA- Management Accounting
FA- Financial Accounting
Applied Skills
LW- Corporate And Business Law
PM- Performance Management
TX- Taxation
FR- Financial Reporting
AA- Audit & Assurance
FM- Financial Management
Strategic Professional
Essential Papers
SBL- Strategic Business Leader
SBR- Strategic Business Reporting
Optional Papers- Pass any two
AFM- Advance Financial Management
APM- Advance Performance Management
ATX- Advance Taxation
AAA- Advance Audit & Assurance
Applied Knowledge
AB- Accounting in Business
MA- Management Accounting
FA- Financial Accounting
Applied Skills
LW- Corporate And Business Law
PM- Performance Management
TX- Taxation
FR- Financial Reporting
AA- Audit & Assurance
FM- Financial Management
Strategic Professional
Essential Papers
SBL- Strategic Business Leader
SBR- Strategic Business Reporting
Optional Papers- Pass any two
AFM- Advance Financial Management
APM- Advance Performance Management
ATX- Advance Taxation
AAA- Advance Audit & Assurance

ACCA Qualification Requirements

  • If you have University entrance Level Certification Then you can start ACCA Directly from ”Applied Knowledge”

ACCA Qualification Levels:

Applied Knowledge: Accounting in Business (AB), Management Accounting (MA), Financial Accounting (FA). Applied knowledge has a total of 3 papers.

  • In case you don’t have University entrance Level Certification Then First you need to do Foundations Diploma, this diploma has 7 basic papers, after passing this your First 3 papers of ACCA will be Exempt and you can start ACCA qualification from ACCA’s 4th paper ”F4 Corporate law” directly
  • The next six papers called ”Applied Skills”

Now you have completed 9 papers, and you are eligible for ”Bsc in applied accounting from Oxford Brookes University”

  • Now Next level is Strategic Professional Level papers
  • Essentials Papers
  • Optional (Pick any two out of four)
  • Here your Academic study is Completed and you are an ACCA affiliate, But to become a member you need Experience of 36 Months in the relevant field,
  • Congratulation, Now you are a new member of the Worlds most forward-thinking Professional Accountancy Body

Why choose ACCA Qualification?

Let me give you reasons o choose ACCA Qualification

  • you’ll discover a world of opportunity with 188,000 Members and 480,000 students in 178 countries. you will become part of a global network, you will get a qualification That’s recognized around the world.
  • And you can tailor your studies for local law and tax to suit wherever you want to go
  • Employers Trust ACCA, with 110 years of experience so employers trust ACCA to deliver skilled professionals, which ACCA does to 7400 employers around the world and ACCA has Careers Giving to students and members the career portal and the job board with thousands of vacancies waiting to be filled.
  • Automatic Network: once you become an ACCA member you will get access to thousands of finance professionals in ACCA member’s LinkedIn group, Providing with invaluable connection and potential mentoring opportunities, Or get involved through face to face networking events in your local area of students and members and connect with fellow students through the virtual learning community.
  • ACCA studies are Brilliantly flexible, what to study full time? or fit your studies around work? No problem, study on your own with one of ACCA’s many approved learning partners face to face with tutors or choose a mix of all three or you could use ACCA-x and. study online you can even gain a BSC degree from Oxford Brookes University and a globally recognized MSC degree from the University of London at the same time. ACCA’s specialism options allow you to be an expert in your chosen field
  • Quality Control? check! The material you use and the people who teach you have to meet ACCA’s high stander, and ACCA’s approved learning partners that have been specially selected are regularly assessed.
  • ACCA’s Staff is always available to Support you, ACCA’s website has messes of online material including study guides, past papers, and inspirational articles from top people. Who were once just like you, will also work hard to make exams flexible and convenient. ACCA always thinking ahead and looking for fresh ways to help the student.
  • There’s already twenty-four seven support and tips with the ACCA learning community and if English isn’t your first language BPP university can provide you with tailored English language support

This is the opportunity to get the right skills and knowledge to build your career as a Finance Professional

Accountant Salary: according to a survey an ACCA member earns 28000+ British pounds annually.

ACCA Member acca qualification

ACCA Qualification Cost

The total cost of ACCA Qualification according to my estimate can be around 3000 Pounds in total in a normal situation. The cost of ACCA Qualification can vary from situation to situation, person to person, and country to country. Every time you need to check the latest ACCA Exam Dates you can click here.


ACCA Qualification Salary:

jobs with ACCA Qualification
benefits of ACCA Qualification


ACCA Qualification equivalent


ACCA provides 4 attempts in a year, a total of 8 attempts in 2 years, and a total paper of ACCA 13, So this is very much possible to pass ACCA within two years.

No, it’s not, ACCA is a global body of professional accountants providing certification at a reasonable cost, ACCA will pay you in practical life after certification.

ACCA can be completed within 2 years.

You can pay ACCA’s fees with your Credit card or Debit card.

Honestly no, you need an ACCA-approved tuition provider.

To become a certified ACCA member, individuals must pass 13 exams and fulfill a minimum three-year relevant work experience requirement. ACCA also offers to continue professional development courses to help members stay current in their field. ACCA membership has multiple benefits, including access to networking events and job opportunities with top accounting firms.


If you still have any queries you can Contact US, we will be happy to assist you.

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ACCA FM video Lectures

ACCA FM video Lectures

ACCA Financial Management

ACCA FM video Lectures, Previously known as F9

Day 1

Day 2

Day 3

Day 4

Day 5

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What is Materiality?

What is Materiality

Definition: ‘Mistakes, including omissions, are supposed to be material if they, alone or on the whole, could reasonably be expected to affect the economic decisions of users taken on the basis of the financial statements.

In assessing the level of materiality there are a number of sections that should be examined.

Firstly the auditor must suppose both the amount ‘quantity’ and nature ‘quality’ of any misstatements or a mixture of both.

The quantity of the misstatement refers to the comparable size of it and the quality refers to an amount that might be low in value but due to its influence could affect the user’s decision, for example, directors’ activities.

In assessing material amount the auditor must consider that a number of errors each with a low value may be material when aggregated amount to a material misstatement.

The assessment of what is material is finally a matter of the auditor’s professional capacity, and it is influenced by the auditor’s understanding of the financial information needs of users of the financial statements and the detected level of risk;

The higher risk then takes a lower level of overall materiality.

Material by the amount for F/S as a whole

  • 1% of revenue
  • 2% of total assets
  • 10% of PBT

Material by nature

  • Related party transactions
  • Bank balances
  • Fraud/ Unlawful transactions (e.g. illegal payments)
  • Violation of regulatory requirements
  • Failure to meet requirements of debt-covenants
  • Key Performance Indicators of the company (e.g. converting loss into profit)
  • Incorrect selection or application of an accounting policy that has an immaterial effect on the current period but is likely to have a material effect on future periods

Performance Materiality

Performance materiality is usually set at a level lower than overall materiality. It is used for testing each transaction, account balance, and disclosure. The purpose of performance materiality is to decrease the risk that the total of mistakes in balances, transactions, and disclosures does not in total exceed overall materiality.

Planning Materiality Vs Performance Materiality

Planning MaterialityPerformance Materiality
1. Have Benchmark1.No Benchmark (Auditors assessment)
2. One single amount for the entire Financial Statement2. Different amounts for different ledgers/accounts.
3. Use to judge important account balance and class of transaction3. Individual balance in an individual 
account

Read More: AUDIT RISK and Auditor Response

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ACCA PM Video Lectures

ACCA PM Video Lectures

ACCA Performance Management

Previously known as F5

ACCA PM Video Lectures For students, for exam preparations within one week online lectures, Course Refresher in last days of the

Day 1

Day 2

Day 3

Day 4

Day 5

Performance Management is a mixed paper of Theoretical + Theory areas

Most Examiner focus on Theoretical Aspects of the paper, don’t try to selective study as MCQs can be from any area of PM (Performance Management),

and this paper demands practice as much as you, Practic Practic Practic. this assures your success in the,

And another thing is its also a time saver in exam time if you are used to solving questions then you can solve questions more quickly in Exam pressure,

ACCA PM Video Lectures will help you to refresh your course in five days, take one video daily and that day only solve questions related to that topic,

And don’t try to copy answers from any answer sheet because there is no paper to copy from you will need to solve by yourself.

Students Good Luck with your exams in the coming attempt, you can Contact US if you need any kind of help with your papers, study hard

The main focus of these lectures focus on CBE, techniques, approaches, paper style, and how to manage time


Days wise plan:

  • Day 1: Costing and Decision (Pricing & CVP)
  • Day 2: The decision making (Limiting factor, Relevant costing, Risk)
  • Day 3: Budgeting & Control
  • Day 4: Performance Management
  • Day 5: Questions and answer session

Read More: AAA Video Lectures

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ACCA AAA Video Lectures

ACCA AAA Video Lectures

ACCA Advanced Audit and Assurance AAA

ACCA P7 Advanced Audit and Assurance Video Lectures

ACCA revision courses

Free Online ACCA P7 lectures, Advanced audit, and assurance Download free P7 course notes, 15 hours of free videos. ACCA Global P7 exam is all about technique

“Don’t let what you cannot do interfere with what you can do ”

Day 1

Day 2

Day 3

Day 4

Day 5

Day 6

  • Risk assessment
  • Business risk
  • Risk of material misstatement
  • Audit risk
  • Analytical review
  • Audit procedures
  • Ethical matters
  • Conclusion 

Advanced audit and assurance (AAA) is a theoretical paper mostly, in this exam examiner except to perform like a professional accountant and identify problems and solutions, this paper is also linked with Strategic business reporting (SBR). because you need to apply IASs and IFRS were needed to support your evidence.

Also in the AAA exam examiner tests many topics straightforwardly, so those topics you need to rote learn,

As well there is no shortcut to success, so prepare every single topic in your book, the examiner can test anything, and also read technical articles of AAA written by the AAA examiner.

Practice makes perfect. so try to solve ACCA’s past papers as much as you can, by solving every single question you will feel comfortable about that topic.

Read More: How to Pass ACCA AAA

ACCA Exam Tips

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ACCA Exam Dates

acca exam dates timetable

ACCA Exam Dates and March 2024

ACCA Exam dates for March 2024, June 2024, And September 2024 ACCA Exams Deadline

acca exam dates

Exam start times

Details of local start times can be found on the Exam Planner and will be stated on exam dockets. acca exam timetable is available to book your exam timely


March 2024

ACCA Exams Date for 5 – 9 March 2024

Monday 5 December 2022 Tuesday 6 December 2022Wednesday 7 December 2022Thursday 8 December 2022Friday 9 December 2022
Audit and Assurance (AA) Taxation (TX)Performance Management (PM)Financial Reporting (FR)Financial Management (FM)
Advanced Audit and Assurance (AAA) Advanced Taxation (ATX)Advanced Performance Management (APM)Strategic Business Reporting (SBR)Advanced Financial Management (AFM)
Strategic Business Leader (SBL)Technical
Role
Simulation
(TRS)
Corporate
and
Business
Law (LW)
ACCA Exam dates for December 2022
Early exam entry deadline date – 9 August 2022
Stander exam entry deadline- 31 October 2022
Late exam entry deadline – 7 November 2022
December 2022 Exam Result will be released on 16 Jan 2023

June 2024

ACCA Exams Date for 6 – 10 June 2024

Monday 6 March 2023Tuesday 7 March 2023Wednesday 8 March 2023Thursday 9 March 2023Friday 10 March 2023
Audit and
Assurance
(AA)
Taxation (TX)Performance Management (PM)Financial
Reporting
(FR)
Financial
Management (FM)
Advanced
Audit and
Assurance (AAA)
Advanced
Taxation
(ATX)
Advanced
Performance Management (APM)
Strategic
Business
Reporting
(SBR)
Advanced
Financial
Management (AFM)
Strategic
Business
Leader
(SBL)
Advance Taxation (ATX) MYSCorporate
and
Business
Law (LW)
ACCA Exam dates for March 2023
Early exam entry deadline date - 10 Aug 2022
Stander exam entry deadline- 31 Jan 2023
Late exam entry deadline - 2 February 2023
March Result Release Date: 18 April 2023


September 2024

ACCA Exams Date for 5 – 9 September 2024

Monday 5 June 2023Tuesday 6 June 2023Wednesday 7 June 2023Thursday 8 June 2023Friday 9 June 2023
Audit and Assurance (AA)Taxation (TX)Performance Management (PM)Financial Reporting (FR)Financial Management (FM)
Advanced Audit and Assurance (AAA)Advanced Taxation (ATX)Advanced Performance Management (APM)Strategic Business Reporting (SBR)Advanced Financial Management (AFM)
Strategic Business Leader (SBL)Technical Role Simulation (TRS)Corporate and Business Law (LW)
ACCA Exam dates for June 2023
Early exam entry deadline date - 8 February 2023
Stander exam entry deadline- 2 May 2023
Late exam entry deadline - 9 May 2023
June 2022 Exam Result will be released on 18 July 2023



Yes, you can change or cancel the exam entry before the stander entry date.

ACCA exams are held 4 times a year, In March-June-September and December

Exam time will be available on your docket, issued by ACCA. ACCA also states that candidates should arrive at the exam venue at least 30 minutes before the exam starts to complete registration procedures and be seated by the official start time. As always, it’s better to err on the side of caution and arrive even earlier to avoid any last-minute hiccups. Good luck!

ACCA exams are one of the essential steps in becoming a certified accountant, so, understandably, you may feel nervous about your upcoming exams. Fortunately, ACCA offers the option to postpone or defer your exam bookings to a later date. This can only be done with valid reasons and within ACCA’s set deadlines. For example, if you have a medical emergency or need extra time to study, ACCA allows you to reschedule your exam date.

However, it is essential to note that ACCA will not refund any fees associated with the postponed exam, and additional fees may be incurred for the rescheduling. So before making any significant changes to your exam schedule, carefully review ACCA regulations and weigh the potential cost and benefits. This way, you can focus on preparing for success on your ACCA exams without added stress or financial burden.

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Audit and Assurance Video Lectures

ACCA AA Video Lectures

Audit and Assurance Video Lectures

Previously known as F8

Here are AA Audit and Assurance Video lectures, held by ACCA. for exam preparation within a few days these short lectures,

The best preparation for tomorrow is doing your best today.

This is a one-week revision class, at the end of day 6, hopefully, you will be able to pass your exam of Audit & Assurance,

However, practice makes perfect, try to practice past exam questions as much as you can.

There is no shortcut to success, so don’t be trying to guess the exam questions, every single topic is important and you should prepare every topic its necessary

Day 1

Day 2

Day 3

Day 4

Day 5

Day 6

it’s all, now best of luck with your ACCA exam of Audit and Assurance.

The exam rule is:

  • Don’t be panic at all
  • Do your best
  • Don’t leave any questions unanswered

As well also prepare straightforward knowledge too. because in the audit exam there are many areas that the examiner test straightforwardly and purely knowledge-based. so those can be rote learning. you can check our Audit and Assurance exam tips

Substantive procedures are a major area of the Audit and Assurance course, so you need to learn substantive procedures very defectively.

Let us sacrifice our today so that our children can have a better tomorrow

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Threats to Auditor Independence

threats for auditor

International Code of Ethics for Professional Accountants ACCA AA & AAA

Conceptual Framework

Conceptual Framework
Conceptual Framework

What is Auditor Independence?

Auditors are expected to provide an unbiased opinion on the work that they have performed. An auditor who has a lack of independence or has threats to auditor independence, his audit report useless to those who rely on it.

For example, consider yourself a potential shareholder in XYZ Company. If you know that the auditor for XYZ Company keeps a personal relationship with the CEO of the company, would you trust that the audited work is a fair representation of the company’s financial standing? How can you be certain that the auditor and CEO did not influence issues a favorable audit report? so must ensure that Auditor no have Threats to Auditor Independence

Once you have identified a threat from the question scenario, you will need to name the threat, explain WHY it is a threat to the auditor and tell the safeguard for that threat.

Here are a few techniques that can be avoided Threats to Auditor Independence,

Threats to Auditor Independence?

In Audit, there are five threats that hurt the independence of the auditor. Before the start of an audit engagement, it is crucial that each member of the audit team independence. If an auditor is exposed to a certain threat, He/she should either develop safeguards to reduce the threat to an acceptable level or resign from audit engagement. here we are going to discuss threats to auditor independence and possible remedies

QCR: Quality Control Review ( independent partner review)- Having a professional accountant who was not involved with the non-assurance service review the non-assurance work performed

Chinese walls: The use of separate engagement teams, with different engagement partners and team members

Public interest entities are:

  • (a) All listed entities; and
  • (b) Any entity:
    • Defined by regulation or law-making as a public interest entity
    • OR
    • For which the audit is required by law and regulation to be conducted in compliance with the same independence requirements that apply to the audit of listed entities. Such regulation may be circulated by any relevant regulator, including an audit regulator
threats for auditor

1. Self interest threat and safeguards

The threat that a financial or other interest will inappropriately influence the auditor’s judgment or behavior.
ThreatSafeguard
Direct financial interestA member of the assurance team or the firm having a direct financial interest in the assurance client.Remove the individual from the audit team the self-interest threat created would be so significant that no safeguards could reduce the threat to an acceptable level.
Gifts and hospitalityNature, value and intent of offer to be considered Not allowed unless insignificant ( politely decline)
Fee dependenceA firm having fee dependence on total fees from a client.Listed clients: If gross recurring fee from one client greater than 15% of the firm’s revenue for two consecutive years,– Tell client’s BOD– Independent QCR or external QCR before
OR
After issuing 2nd year’s opinion Other clients:– Reducing the dependency on the client;–
External quality control reviews OR Consulting a third party, such as a professional regulatory body (E.g ACCA, ICAEW) or a professional accountant on key audit judgments.
Recent Service with an Audit ClientIf a member of the audit team has recently served an employee of the audit clientRemove from the team if worked at the client in the year being audited at a position to exact significant influence over the subject matter.
Close business relationshipA member of the assurance team (or the firm) having a significant-close business relationship – Commercial relationship,
Common financial interest Examples: a joint venture with the client or a controlling owner/ director, formal marketing of each other’s product, combine the services of the firm with those being offered by the client and market the package.
If material, not allowed (The threat created would be so significant that no safeguards could reduce the threat to an acceptable level.
Contingency feeFirm going to enter into a contingency fee arrangement relating to an assurance engagementPolitely decline the proposed contingent fee arrangement, Inform the client that the fees will be based on the level of work required to obtain sufficient and appropriate audit evidence.
Overdue feeMight be regarded as being equivalent to a loan to the client if fees due from a client(Audit Client) remain unpaid for a long time, especially if a significant part is not paid before the issue of the audit report for the following financial yearDiscuss with TCWG the reasons why the payments have not been made. Should agree with a revised payment method which will result in the fees being settled before much more work is performed for the current year audit
Loans and guaranteeIf not under normal lending conditions, No safeguard acceptable under normal lending conditions- review by network firm.
Serving as a Director or Officer of an Audit ClientNot allowed. (Particular reference made by the code to the role of the Company Secretary. If allowed under local laws or professional rules, the duties and activities shall be limited to those of a routine and nature of administrative, such as preparing minutes and maintaining statutory returns)
Recruitment services (especially hiring of senior management)Listed clients: Not allowed for directors or senior positions related to Financial Statements preparation. Otherwise,
The final decision should be by the client and DO NOT negotiate on the client’s behalf firm can undertake roles such as reviewing a shortlist of other candidates. However, they must ensure that they are not interfering to undertake management decisions and so must not make the final decision on who is appointed
Employment negotiations with the audit client. A member of the audit team entering into employment negotiations with the audit client.Remove the individual from the audit team– A review of any significant judgments made by that individual while on the team
Compensation and Evaluation Policieswhen a member of the audit team is evaluated on or compensated for selling non-assurance services to that clientAudit partner should not be evaluated on or compensated based on that partner’s success in selling non-assurance engagement to the partner’s audit client

2. Self Review threat and safeguards

The threat that an auditor will not appropriately evaluate the results of a previous judgment made or service performed by himself.
ThreatSafeguards
Self-ReviewThe threat that the auditor will not appropriately evaluate the results of a previous judgment made/or service performed by himProvision of other services to an audit client (Note: other threats due to this are self-interest because of the fee element and advocacy

Safeguard for Listed Clients: Most non-assurance services related to financial reporting are not allowed.
Other clients: Segregation of duties, Chinese walls, QCR
Temporary staff assignmentsThe lending of staff by a firm to an audit clientShould ideally not be made a part of the audit team. Generally acceptable if no management responsibility is taken up and the audit client shall be responsible for directing and supervising the activities of the loaned staff
Recent Service with an Audit Clienta member of the audit team has recently served as an employee of the audit client- The threat is that the member of the audit team has to evaluate elements of the financial statements for which he had prepared the accounting records while with the clientRemove from the team if worked at the client in the year being audited at a position to exert significant influence over the subject matter

3. Familiarity Threat and safeguards

The threat that due to a long or close relationship with a client or employer,
ThreatSafeguard
Long AssociationLong Association of Senior Personnel with an Audit ClientListed clients: 7 years plus 1 year of flexibility than a gap of two years for audit partner– In these 2 years gap period, cannot participate in the audit Or provide quality control for the engagement, Or consult with the engagement team or the client regarding technical or industry-specific issues

Other clients: Rotate members, & QCR
Family and Personal RelationshipsRemove from the team if the relationship is with a senior person at the client with influence over the financial statements.
Employment with an Audit ClientThe director or a senior member of the audit client has been a member of the audit team or partner of the firm in the pastListed client: for partners, ok if twelve months have passed since the individual was Partner.

Other safeguards- Modifying the audit plan;-any work already undertaken by that individual should be independent reviewed.-Assigning individuals to the audit team who have enough experience in relation to the individual who has joined the client

4. Advocacy Threat and safeguards

The threat that an auditor will promote a client’s or employer’s position to the point that the auditor objectivity is compromised.
ThreatSafeguard
Legal servicesLegal services To audit client ( For example contract support, litigation, mergers, and acquisition legal advice, and support to clients’ internal legal departments)If they relate to resolving a dispute or litigation when the amounts involved are material to the Financial Statements: Not allowed
Promote client/sharesThe auditor asked to promote client/shares in a client or asked to accompany the client to a meeting with the bankNot allowed (Politely decline)

5. Intimidation Threat and safeguards

The threat that an auditor will be deterred from acting objectively because of actual or perceived pressures, including attempts to exercise undue influence over the auditor.
ThreatSafeguard
Threat of dismissalThreat of dismissal or replacement of auditor/or his close family member over a
disagreement about the application of an accounting principle.
Tell client’s TCWG– ensure that all audit engagements are conducted in accordance with
International Standards on Auditing– Ensure you gather sufficient appropriate evidence

*A dominant personality at the client attempting to influence the decision-making process, for example, the application of an accounting principle.
*A firm being pressured to reduce inappropriately the extent of work performed in order to reduce fees.
*An auditor feeling pressured to agree with the judgment of a client employee because the employee has more expertise on the matter in question.
Actual or Threatened Litigation(For example regarding a previous audit report)- When the firm and the client’s management are placed in adversarial positions by actual or threatened legally, affecting management’s willingness to make complete disclosuresQCR– If a team member involved, remove from the – Withdraw from the cement if very significant
Fee dependenceFee dependence, close personal relationships, business relationships also cause intimidation
threats.
The safeguards for each will be the same as discussed earlier.

6. Conflict of Interest Threat and safeguards

ThreatSafeguard
Firm competes with client or firm has a joint venture with a competitor of a client or the firm has competitors as clientsMembers should place their clients’ interests before their own and should not accept or continue engagements which threaten to give rise to conflicts of interest between the firm and the client. Any advice given should be in the best interests of the company.
A conflict of interest arises where an auditor acts for both a client company and for a competitor company of the client. Where the acceptance of an audit engagement would, despite safeguards, materially prejudice the interests of any clients, the appointment should not be accepted, or one of the appointments should be discontinued.
Where the acceptance of engagement would, despite safeguards, materially prejudice the interests of any clients, the appointment should not be accepted, or one of the appointments should be discontinued.
Managing conflicts of interest

1. Full disclosure is important – both companies should be fully aware that the firm is acting for the other party.
2. Regular review of the situation by an independent senior partner
3. Use of different partners and teams of staff for different engagements
4. Internal procedures within the firm
-Procedures to stop access to information, for example, strict physical separation of both teams, private and secure data filing.
-Clear guidelines for members of each assurance engagement team on issues of security and confidentiality. These guidelines must be included within the audit engagement letters.
-Potentially the use of confidentiality agreements signed by employees and partners of the firm
5- Advising at least one or all clients to seek additional advice

ACCA Past Papers  Attempt These past papers questions to check your understanding:

  • Sept/Dec Hybrid 2015-Q1
  • June 2015-Q1
  • June 2014-Q3d
  • Dec 2013-Q4c
  • June 2012-Q3b,c

This is the detailed explanation on Threats to Threats to Auditor Independence, and how its work, don’t forget to give us feedback by commenting below

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Fundamental principles of ethics

Fundamental principles of ethics

Here are Fundamental principles of ethics described by ACCA to be followed by all ACCA members, Students must be memorized all of them, this can be tested straightforward and in MCQ’s in CBE.

AA & AAA

5 Fundamental principles of ethics described by ACCA

Integrity

The auditor should be straight forward & honest in all professional and business relationships. Auditors will be associated with communications, returns or other information and reports where they believe that the information contains materially false or misleading statements.


Objectivity

Members should not allow bias, conflicts of undue or interest influence of others to override professional or business judgments.


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