## Overview

This module explores the fundamental concepts of auditing, including the purpose and scope of audits, auditor responsibilities, and the regulatory framework. Topics include audit nature and advantages, professional scepticism, engagement letters, and ACCA code of ethics.

## 1. Purpose and scope of an audit

- [Nature of an audit](acca-fau-purpose-and-scope-of-an-audit-nature-of-an-audit.md)
- [Purpose, advantages and disadvantages](acca-fau-purpose-and-scope-of-an-audit-purpose-advantages-and-disadvantages.md)
- [Accounting records and proper records](acca-fau-purpose-and-scope-of-an-audit-accounting-records-and-proper-records.md)
- [True and fair presentation and reasonable assurance](acca-fau-purpose-and-scope-of-an-audit-true-and-fair-presentation-and-reasonable-assurance.md)
- [Professional scepticism in audits](acca-fau-purpose-and-scope-of-an-audit-professional-scepticism-in-audits.md)
- [Professional judgement application](acca-fau-purpose-and-scope-of-an-audit-professional-judgement-application.md)
- [Form and content of the Independent Auditor's Report](acca-fau-purpose-and-scope-of-an-audit-form-and-content-of-the-independent-auditors-report.md)

## 2. Auditor responsibilities

- [Duties of auditors](acca-fau-auditor-responsibilities-duties-of-auditors.md)
- [Rights of auditors](acca-fau-auditor-responsibilities-rights-of-auditors.md)

## 3. Professional ethics and ACCA code

- [Fundamental principles of ethics](acca-fau-professional-ethics-and-acca-code-fundamental-principles-of-ethics.md)
- [Requirements for integrity, objectivity and independence](acca-fau-professional-ethics-and-acca-code-requirements-for-integrity-objectivity-and-independence.md)
- [Responsibility regarding confidentiality](acca-fau-professional-ethics-and-acca-code-responsibility-regarding-confidentiality.md)
- [Professional competence and due care](acca-fau-professional-ethics-and-acca-code-professional-competence-and-due-care.md)
- [Professional behaviour](acca-fau-professional-ethics-and-acca-code-professional-behaviour.md)

## 4. Auditor engagement and liability

- [Factors before accepting engagement](acca-fau-auditor-engagement-and-liability-factors-before-accepting-engagement.md)
- [Purpose and nature of engagement letter](acca-fau-auditor-engagement-and-liability-purpose-and-nature-of-engagement-letter.md)
- [Liability under contract and negligence to clients](acca-fau-auditor-engagement-and-liability-liability-under-contract-and-negligence-to-clients.md)
- [Liability to third parties](acca-fau-auditor-engagement-and-liability-liability-to-third-parties.md)

## 5. Audit regulation

- [Purpose and scope of ISAs](acca-fau-audit-regulation-purpose-and-scope-of-isas.md)

## 6. Internal audit

- [Purpose, scope and reporting of internal audit](acca-fau-internal-audit-purpose-scope-and-reporting-of-internal-audit.md)
- [Factors for evaluating internal audit work](acca-fau-internal-audit-factors-for-evaluating-internal-audit-work.md)


Free ACCA FAU Purpose and Scope of Audit and Regulatory Framework Study Guide