Necessary focus points for each sitting
  Topics which are certain to be examined in each sitting (about 80-100 marks)
 ?、?Ethical/professional/practice issues: (15 marks)
  -Ethical issues: independence threats and safeguards;
  - Professional issues: auditor’s professional liability under statute law and tort law;
  - Practices issues: advertising, tendering, publicity, obtaining professional work and fees, professional appointments, quality control
  ②Identification and explanation of audit risk or/and business risk (15 marks)
 ?、跾pecific accounting issues about items in FSs, i.e. *uation and review (i) (ii) (iii): risks, materiality, specific accounting standards, audit procedures, impact on audit report. (40 marks)
 ?、?Audit-related service or other assurance service: interim financial information review; due diligence; PFI; forensic auditing; social and environment auditing; internal auditing. (10 marks)
 ?、軬roup auditing: (10-15 marks)
  Other areas which are likely examined
 ?、賀egulatory environment: corporate governance code; money laundering; law and regulations
 ?、?Current issues and development: auditor’s responsibility about these issues
  Detailed topics and questions for 2015.12 sitting
  ①M(fèi)oney laundering and PFI - 2014.6 Q2
 ?、贕oing concern, ethical issues, audit opinion and report – 2011.6 Q2;
 ?、跜onstruction contract, discontinued operation, related party transactions – 2011.6 Q1
 ?、蹵udit risks of consolidated financial statement, reliance on audit work of components, associates, grant – 2010.6 Q1
 ?、軬roup audits, joint audit and transnational audit - 2012.12 Q2; 2009.6 Q2
 ?、轆udit report, emphasis of matter paragraph and other matter paragraph – 2010.6 Q5
  ⑦Other specific accounting issues: share-based payment; borrowing cost; government grant; employment benefits; segment reporting; deferred tax