icap cfap6 study text and Syllabus GRID:
Download icap cfap6 study text from the links given below. Here is the grid of Syllabus of CFAP Audit, Assurance and Related Services.
| Grid | Weightage |
| Performance of audit | 45-55 |
| Audit conclusion and reporting | 20-30 |
| Other assurance engagements and related services | 10-15 |
| Professional Ethics, Quality Control and current development | 10-15 |
| Total | 100 |
Course Outline:
The course outline gives an overview of Syllabus of icap cfap6 study text Audit, Assurance and Related Services . The detailed Syllabus of icap cfap6 study text Audit, Assurance and Related Services for Spring 2022 attempt can be found in the syllabus content section.
- Performance of audit
- Performance of audit – General
- Overall Objectives of the Independent Auditor and the Conduct of an Audit in accordance with International Standards on Auditing
- Initial engagements and opening balances
- Agreeing the terms of Audit engagement
- The planning and mobilization phase
- Risk assessment procedures and response to risks
- Internal Controls (including Test of controls)
- Audit materiality
- Sampling and other means of testing
- Audit evidence(including Specific considerations for Selected Items)
- Substantive tests (including Analytical Procedures)
- Responsibility to consider fraud
- Evaluation of misstatements identified during the audit
- Consideration of laws and regulations
- External confirmations
- Related Parties
- Audit documentation
- Communication with the management and those charged with governance (including communication of deficiencies in internal controls)
- Subsequent events
- Management representation
- Performance of audit – Specific
- Going Concern
- Fair value measurements and accounting estimates
- Entities using service organizations
- Work of expert and internal auditor
- Special consideration – Audit of group financial statements (including work of component auditors)
- Audit conclusions and reporting
- Audit Report
- Unmodified audit report
- Modification in audit report
- Emphasis of matter and other matters in audit report
- Communicating key audit matters in the independent Auditor’s Report
- Reporting consideration on comparative information
- Reporting consideration on other information in document containing financial statements
- Assurance Reports on Controls at a Service Organization
- Audit report under the Companies Act, 2017
- Audit and Reporting on Specialized Areas
- Audit of special purpose financial statements prepared in accordance with special purpose framework
- Audit of single financial statements and specific elements, accounts or items
- Engagement to report on summary financial statements
- Auditing Financial Instruments
- Understanding of provisions related to audit and accounts under the Banking Companies Ordinance 1962
- Understanding of provisions related to audit and accounts under the Insurance Companies Ordinance 2000
- Other assurance engagement and related services (Including Reporting on relevant services)
- Other assurance engagement
- Review Engagements
- Assurance Engagements other than audits or review of historical financial information
- Examination of prospective financial statements
- Related services
- Agreed-upon procedures
- Compilation engagements
- Assurance engagements to Report on the compilation of Pro Forma Financial Information included in Prospectus
- Services under the provisions of corporate laws
- Services under the provisions of tax laws
- Professional Ethics, Quality Control and current development
- Code of Ethics (revised 2019) issued by The Institute of Chartered Accountants of Pakistan
- Quality control – ISQC 1, ISA 220, quality control framework of ICAP, Quality Assurance Board of ICAP
- Acceptance and continuance of client including legal, professional and ethical consideration relating to appointment and removal of auditor
- Current development in auditing profession
- Exposure draft issued by IAASB, Draft conceptual framework and Other development projects of IAASB
- Key elements that create an environment for audit quality
Study material provided by ICAP
Download icap cfap6 study text Audit, Assurance and Related Services Study Support Material published by ICAP in year 2017 from google drive in pdf format. Download icap cfap6 study text Audit, Assurance and Related Services Practice Kit published by ICAP in year 2017 from google drive in pdf format. Download icap cfap6 study text Audit, Assurance and Related Services Supplement Material published by ICAP in year 2017 from google drive in pdf format.
- CFAP-06 Audit, Assurance and Related Services – Study Support Material (2017)
- CFAP-06 Audit, Assurance and Related Services – Practice Kit (2017)
- CFAP-06 – Supplement – Audit, Assurance and Related Services (2017)
