Study Materials

The P7 Advanced Audit and Assurance paper aims to develop further your application skills when analysing, concluding and reporting on assurance engagements, building on the knowledge and skills gained from paper F8. As well as emphasising the practical aspects of carrying out assurance engagements from start to finish, this paper also develops your awareness of best practice and current developments in this field.

It focuses on the following key themes:

  • Audit framework and regulation, including ethical and professional considerations
  • Quality control and practice management
  • The audit and assurance process, from planning through to fieldwork and final review
  • Reporting the results of audit and assurance engagements
  • Current issues and developments within the field of audit and assurance.

Study Text

Price: £30
Suitable for: Dec 2008 exams
ISBN: 978 07517 47416

The examiner-reviewed P7 Study Text includes everything you need for this paper, including detailed guidance on the exam and the pilot paper questions. The question bank includes questions in the style of the P7 paper, and each chapter contains useful exam focus points and chapter roundups. The Study Text provides an excellent source of the main professional and regulatory aspects of audit and assurance engagements, focussing on ethics and regulation and practice management, before going through the audit and assurance engagement process, and ending with a consideration of current issues and developments.

View the table of contents
View a sample chapter

Practice and Revision Kit

Price: £16
Suitable for: Dec 2008 exams
ISBN: 978 07517 46976

The P7 Practice & Revision Kit provides you with a range of exam-standard questions in the style of the P7 paper, as well as a suggested question plan to assist you in your revision phase. All answers include useful references back to the Study Text so that you can go back to the material if you need to. Questions contain excellent commentary in the form of 'top tips' and 'easy marks' guidance to aid in perfecting your exam technique. The kit also contains three mock exams, including the pilot paper.

View the table of contents
View a sample chapter

Passcards

Price: £10
Suitable for: Dec 2008 exams
ISBN: 978 07517 46754

The P7 passcards present you with a visual way of highlighting the factors that have most impact on assurance work, and demonstrating clearly the key stages in decision-making for such engagements, as well as focusing on topical issues and current developments in this field.

View the table of contents
View a sample chapter

i-Learn

Price: £40
Suitable for: Dec 2008 exams
ISBN: 978 07517 47638

The P7 i-Learn product guides you through the Advanced Audit and Assurance syllabus, with a detailed look at the professional and regulatory aspects of audit and assurance engagements. Questions and interesting visuals help reinforce your knowledge and develop further your application skills for this challenging paper.

i-Pass

Price: £30
Suitable for: Dec 2008 exams
ISBN: 978 07517 47195

The P7 i-Pass CD is an excellent product as it allows you to test your knowledge and application of the Advanced Audit and Assurance syllabus throughout your revision phase. Each answer provides detailed explanations in the form of an advice section. The CD has been designed to follow the sequence of topic areas in the complementary Study Text, Passcards and i-Learn CD products for this paper so guides you through all the important aspects of audit and assurance engagements.

Success CD

Price: £15
Suitable for: Dec 2008 exams
ISBN: 978 07517 53226

The Success CD for paper P7 provides you with a very useful revision tool for the Advanced Audit and Assurance paper, because it goes through the key considerations applicable to all audit and assurance engagements, from ethical issues to reporting the results of your work. In addition it is interspersed with important exam tips and guidance from experienced tutors in this field.