Auditing and Taxation Functions aims to equip learners with an understanding of the role of the auditor. Upon successful completion learners will demonstrate the ability to understand income and corporation tax.
Main Topics of Study:
Auditing Functions
- Rights and duties
- Accounting records
- The Companies Act
- ~Accounting requirements of the Companies Act
Auditors and the Law
- Auditors’ liability
- Unlawful acts
Taxation Theory
- The purpose of taxation
- The structure of taxation
- ~Types of Tax
- ~Tax Calculations
- The tax burden
- Taxation and the economy
- Tax evasion and enforcement
- Tax policy
Professional Standards and Guidelines
- Accounting standards
- Letters of representation and engagement
- Professional conduct and ethical principles
Example Candidate Response Booklet
Example Candidate Response (ECR) Booklets are a source of crucial information for Centres and Candidates as they use real candidate responses. We ask Senior Examiners to comment on five or more responses in terms of why the mark was awarded with commentary about how to improve the answer (if necessary).
