1.1- Identify and distinguish between tests of controls,substantive tests oftransactions
and substantive tests of balances.
1.2- Identify and understand when the auditor will undertake substantive audit
procedures in response to specific assessed risks of material misstatement.
1.3- Understand how assertions relate to account balances
1.4- Understand how to select the most efficient and effective combination of audit
procedures that allows them to achieve the audit objective
1.5– Active participation in an “audit team context” with professional group
1.6- Co-operation with fellow studentsto produce a joint assignmentin a report format
on time and to a high standard along with power-pointslides.