Audit and Assurance Exam practice book
Year: 2026
Type: book
Abstract: This text presents the discipline of audit and assurance as it is examined by the principalprofessional bodies: the Association of Chartered Certified Accountants (ACCA), the Institute ofChartered Accountants of Bangladesh (ICAB), the Institute of Chartered Accountants inEngland and Wales (ICAEW) and the Institute of Cost and Management Accountants ofBangladesh (ICMAB). The syllabus content of each body differs in emphasis and in the depth ofapplication required, but all four rest on the same technical foundation: the InternationalStandards on Auditing (ISAs), the International Code of Ethics for Professional Accountants(including International Independence Standards) issued by the IESBA, and the InternationalStandards on Quality Management.The structure follows the sequence in which an engagement is actually performed. Chapters 1to 3 establish the framework, the ethical rules and the acceptance decision. Chapters 4 to 6deal with planning, risk and internal control. Chapters 7 to 9 address evidence and the audit ofparticular balances, transactions and disclosures. Chapters 10 to 12 cover completion,reporting and the wider family of assurance engagements.Each of the twelve chapters contains twenty case studies, giving two hundred and forty intotal. Every case is set out in the format used in the examination papers of the four bodies: afactual scenario, an explicit requirement carrying a mark allocation, and a model solutionwritten to the standard expected of a passing script. Solutions cite the relevant ISA, IFRS orCode paragraph so that the reader can trace the answer back to the source material in theofficial study text or study manual.The cases are drawn from the style of published past examination papers and specimenpapers. They are original scenarios written for this text; they are not reproductions ofexaminers' scripts. Figures are expressed in Bangladesh Taka (BDT) or United States dollars($) according to the setting of the case, so that candidates preparing for both domestic andinternational papers work in familiar units.Readers are advised to attempt each requirement in full, under timed conditions ofapproximately 1.8 minutes per mark, before turning to the model solution. The value of a casetext lies in the comparison between the reader's own answer and the model, and in theanalysis of what was omitted.
Author: Das, Ripon Chandra
Institution: Institute of Management Accountants
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W7202137136