Through-put accounting ACCA Relevant Cost Analysis Limiting Factor Linear Programming Shadow Price Twitter Cost Volume Profit Analysis Decision Making Techniques Risk, Uncertainty and Payoff Tables Decision Trees Sensitivity Analysis, Simulations and Scenario Planning Pricing decisions The nature and purpose of Capital Rationing Fraud, laws and regulations. financial management Replacement Analysis Audit planning and documentation Financial objectives and Lease or Buy Systems of internal control relationship with corporate strategy Risk and Uncertainty The use and evaluation of Sensitivity Analysis systems of internal control Stakeholders and impact on Sources of finance by auditors corporate objectives Estimating the cost of Tests of controls Financial and other capital Communication on internal objectives in not-for-profit organizations Sources of finance and their control
The economic environment for
relative costs Internal audit and governance business Capital structure theories and the differences between external audit and internal and practical considerations The nature and role of audit financial markets and Finance for small- and The scope of the internal institutions medium-sized entities (SMEs) audit function, outsourcing The nature and role of money The concept of audit and and internal audit markets other assurance engagements assignments The nature, elements and External audits Assertions and audit evidence importance of working capital Corporate governance Assertions and audit evidence Management of inventories, Professional ethics and Audit procedures accounts receivable, accounts payable and cash ACCA’s Code of Ethics and Conduct Audit procedures Determining working capital Obtaining, accepting and Audit sampling and other needs and funding strategies means of testing continuing audit engagements Determining working capital Objective and general The audit of specific items needs and funding strategies principles Automated tools and Accounting Rate of Return Assessing audit risks techniques Relevant Cash Flows Understanding the entity and The work of others Time Value of Money its environment and the Not-for-profit organizations Net Present Value applicable financial reporting framework Subsequent events Allowing for inflation and Going concern taxation in DCF