Episodes
ACCA published a new AAA technical article in January 2024 - ISSA 5000 (sustainability). In this edition of the podcast, Ben brings the article to life, explaining the technical areas in simple language......and gives hints on how it will be tested in the AAA exam.
Published 02/20/24
Published 02/20/24
How is AI impacting auditors, regulators.....and ACCA students! Ben gives advice on how AI can help with your exam preparation.
Published 11/09/23
Be prepared! Ben gives practical advice on what to do whilst waiting for results.
Published 10/10/23
Juicy facts about ACCA......and lots of commentary on ACCA's audit report. Great for your AAA exam preparation!
Published 08/21/23
Silicon Valley Bank (SVB) collapsed spectacularly in early 2023......just 2 weeks after KPMG gave a clean audit report.
Why did the bank collapse? And what factors led to KPMG being implicated? Ben explores these questions in this edition of the audit cast.
Published 05/26/23
What went wrong at Carillion? How were KPMG implicated? And what is Ben's top topic tip for the March 2023 exam? Listen to find out!
Published 03/01/23
Ben explores the rules on 'tendering' for large company audits, discusses 'audit quality', and considers why only 2 auditors (PwC & Deloitte) pitched for the HSBC audit.
Oh....and there's a 'FUN FACTS QUIZ' at the end!
Published 01/26/23
Jess took several attempts to clear her nemesis paper......AFM. Here, she gives practical tips and advice to help any other students who are struggling with ACCA.
Published 01/20/23
If you have a 'choice' about whether to sit your ACCA exams remotely, or in a physical exam centre, this edition will help you to make an informed decision
Published 01/05/23
Superdry are facing going concern uncertainties...and their auditor (Deloitte) has resigned. In this edition, Ben discusses the challenges facing Superdry and gives exam insights on audit reports.
See Superdry's financial statements here https://corporate.superdry.com/media/3153/annual_report_2021.pdf
See Deloitte's resignation letter here (if this link doesn;t work, go to the 'Companies House' website and search for 'Superdry. The auditor's resignation letter is there...
Published 11/15/22
ESG is highly likely to be tested in the AAA exam.....as the examiner has just published 2x technical articles on it!
I'm joined by Michaela, ESG expert at an investment bank, to discuss the main themes of the technical articles
Published 08/31/22
A new ACCA technical article has been published on Quality Management.....this is something that is very likely to be examined in AAA!
Andy, a senior EQCR reviewer at a Big 4 firm, shares his experiences of quality management in the real world of audit.
Read the article here https://www.accaglobal.com/an/en/student/exam-support-resources/professional-exams-study-resources/p7/technical-articles/isqm-1.html
Published 08/19/22
What is the normal due diligence process? What value to assurance providers add? And how did Elon Musk's $44bn offer for Twitter fail to follow this process? Find out in this edition of the audit cast.
Published 08/04/22
KPMG, PwC and Deloitte have all been fined by the FRC recently for audit failings. In this edition of the audit cast, Ben discusses these cases and the implications for audit quality control, a key examinable topic.
Published 06/13/22
Michael Baker, a top performing ACCA student (who scored 81% in the AAA exam), shares his top tips for AAA success
Published 04/29/22
Big 4 audit partner Andy and I discuss how work life balance is changing in the modern UK audit environment.
Published 04/11/22
I'm joined by SBR expert tutor Tom Clendon to discuss making the right choice - sitting exams remotely or taking the traditional in centre option.
Published 02/15/22
Ben discusses how rising interest rates can trigger / impact an impairment review, and the challenges this can pose for the auditor
Published 02/04/22
I'm joined by Tom Clendon, expert SBR tutor, to give you the facts you need to make an informed choice
Published 12/28/21
Money laundering.....taking dodgy, illegally acquired funds and 'washing' them clean using the financial system. Natwest bank was recently fined £297m for its role in the money laundering activities of Fowler Oldfield, a UK jewellery firm. In this edition of the podcast, Ben discusses the case and uses it to illustrate the 3 phases of money laundering.
Published 12/14/21
Sarah Salman, AAA prize winner for Qatar at the 2021 exam sitting, gives her top tips on how to maximise your chances of passing the AAA exam.
Published 11/16/21
Audit reports are regularly tested in AAA. In this edition of the auditcast, Ben uses Tesco's 2021 auditor's report to bring this dry topic area to life!
You can access the audit report here (it starts on page 102) https://www.tescoplc.com/media/757589/tesco_annual_report_2021.pdf
Published 10/13/21
Reporting on climate change is a hot topic, particularly with the COP26 summit around the corner. Ben is joined by Tom Clendon, expert SBR tutor, to discuss the reporting rules as they currently stand and how companies are currently reporting. Ben then discusses the challenges for auditors in this area.
Published 09/24/21
Big 4 audit partner Andy and I discuss current issues relevant to the AAA exam.....auditing in a pandemic, high profile audit failures, non audit services, data analytics, ISA 315 revised and professional scepticism. Its a long one at 17 minutes but loads of great content to help you prepare for the exam.
Published 08/17/21
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