In this practice, we will go through ACCA Audit & Assurance (AA) Syllabus on Internal control while they cover:
1. Systems of internal control
2. The use and evaluation of internal control systems by auditors
3. Tests of controls
4. Communication on internal control
5. Internal audit and governance and the differences between external audit and internal audit
6. The scope of the internal audit function, outsourcing and internal audit assignments
The following knowledge test covers 1) Systems of internal control, 2) Test of controls and 3) Use of internal control systems. It is expected to spend approximately 20 minutes to complete.
In the knowledge test below, it covers 1) Test of controls, 2) internal audit & governance and 3) scope of internal audit function, outsourcing and internal audit assignments. It is expected to spend approximately 20 minutes to complete.