CFAP 6 Audit Masterplan by Sir Hafiz Salman (ST Academy)

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ST ACADEMY

ADVANCE AUDIT - CFAP 6


SIR HAFIZ SALMAN ASLAM - ACA
WINTER 24 ATTEMPT - FULL COURSE
LECTURES PLAN
Expected
S No. Description Expected Date for Completion
Duration (hrs)
Grid 1 and 2 - Audit of Historical Financial Information - Planning & Risks (Grid 1 and 3 will be covered partially)
1 ISA 200 - Overall objective of the auditor 0.98 Monday, July 29, 2024
2 ISA 300 - Planning 1.28 Tuesday, July 30, 2024
3 ISA 315 - Assessing the Risk 1.18 Wednesday, July 31, 2024
4 ISA 240 - Fraud 1.53 Thursday, August 1, 2024
5 ISA 320 - Materiality 1.07 Friday, August 2, 2024
6 Practice Question 1.00 Saturday, August 3, 2024
7 Practice Question 1.00 Sunday, August 4, 2024
8 ISA 330 - Responses to Audit Risk 1.04 Monday, August 5, 2024
9 ISA 500 - Audit Evidence 0.60 Tuesday, August 6, 2024
10 Homework 0.50 Tuesday, August 6, 2024
11 ISA 501 - Audit Evidence 0.55 Wednesday, August 7, 2024
12 Homework 0.50 Wednesday, August 7, 2024
13 ISA 510 - Initial Audit Engagement 0.47 Thursday, August 8, 2024
14 Homework 0.50 Thursday, August 8, 2024
15 ISA - 550 - Related Parties 0.40 Friday, August 9, 2024
16 Homework 0.50 Friday, August 9, 2024
17 Practice Question 1.00 Saturday, August 10, 2024
18 Self Practice and Summer 22 Lecture Recorded 1.02 Saturday, August 10, 2024
19 Practice Question 1.00 Sunday, August 11, 2024
20 Self Practice and Winter 22 Lecture Recorded 1.27 Sunday, August 11, 2024
21 ISA 540 - Auditing Accounting Estimates and related disclosures 0.19 Monday, August 12, 2024
22 Homework 1.00 Monday, August 12, 2024
23 ISA 570 - Going Concern 0.43 Tuesday, August 13, 2024
24 ISA 610 - Internal Audit 0.16 Tuesday, August 13, 2024
25 ISA 250 - Consideration of Laws and Regulation 0.46 Wednesday, August 14, 2024
26 Homework 0.50 Wednesday, August 14, 2024
27 ISA 620 - Expert 0.63 Thursday, August 15, 2024
28 Homework 1.00 Friday, August 16, 2024
29 Practice Question 1.00 Saturday, August 17, 2024
30 Practice Question 1.00 Sunday, August 18, 2024
31 Homework 1.00 Monday, August 19, 2024

Grid 3 - Reporting (Grid 1 will be covered partially)


32 ISA 560 - Subsequent Events 0.26 Tuesday, August 20, 2024
33 ISA 700 - Forming an opinion and reporting on FS 0.84 Tuesday, August 20, 2024
34 ISA 450 - Evaluation of Misstatements identified during the audit 0.65 Wednesday, August 21, 2024
35 ISA 705 - Modification to the Audit Opinion in the Report 0.58 Wednesday, August 21, 2024
36 ISA 701 - KAM 0.36 Thursday, August 22, 2024
37 ISA 706 - EOM and OM 0.33 Thursday, August 22, 2024
38 ISA 710 - Comparative - Corresponding and Comparative 0.57 Friday, August 23, 2024
39 ISA 720 - Other Information 0.40 Friday, August 23, 2024
40 Practice Question 1.00 Saturday, August 24, 2024
41 Practice Question 1.00 Sunday, August 25, 2024
42 Homework 1.00 Monday, August 26, 2024
43 Homework 1.00 Tuesday, August 27, 2024
44 Homework 1.00 Wednesday, August 28, 2024
45 Homework 1.00 Thursday, August 29, 2024
46 Homework 1.00 Friday, August 30, 2024
47 Practice Question 1.00 Saturday, August 31, 2024
48 Practice Question 1.00 Sunday, September 1, 2024

Grid 1 - Planning (Remaining small standards)


ST ACADEMY
ADVANCE AUDIT - CFAP 6
SIR HAFIZ SALMAN ASLAM - ACA
WINTER 24 ATTEMPT - FULL COURSE
LECTURES PLAN
Expected
S No. Description Expected Date for Completion
Duration (hrs)
49 ISA 210 - Terms of engagement 0.21 Monday, September 2, 2024
50 ISA 230 - Audit Documentation 0.17 Monday, September 2, 2024
51 ISA 260 - Communication with TCWG 0.11 Monday, September 2, 2024
52 ISA 265 - Communicating Deficiencies in internal control to TCWG 0.25 Tuesday, September 3, 2024
53 ISA 402 - Audit consideration relating to entity using service organization 0.45 Tuesday, September 3, 2024
54 ISA 505 - External Confirmation 0.24 Tuesday, September 3, 2024
55 ISA 520 - Analytical Procedures 0.70 Wednesday, September 4, 2024
56 ISA 530 - Audit Sampling 0.66 Thursday, September 5, 2024
57 ISA 580 - Written Representation 0.09 Friday, September 6, 2024
58 ISA 600 - Audit of Group FS 0.65 Friday, September 6, 2024
59 Practice Questions 1.00 Saturday, September 7, 2024
60 Practice Questions 1.00 Sunday, September 8, 2024
61 Homework 1.00 Monday, September 9, 2024
62 Homework 1.00 Tuesday, September 10, 2024
63 Homework 1.00 Wednesday, September 11, 2024
64 Homework 1.00 Thursday, September 12, 2024
65 Homework 1.00 Friday, September 13, 2024
66 Practice Questions 1.00 Saturday, September 14, 2024
67 Practice Questions 1.00 Sunday, September 15, 2024

Grid 4 - Specialized Areas, Other Assurance Engagement and Related Services


66 ISA 800 - Special purpose framework 0.2
67 Practice Question 0.50
68 ISA 805 - Single FS or Specific element, a/c or item 0.30
69 Practice Question 0.50
70 ISA 810 - Summary FS 0.36
71 Practice Question 0.50
72 ISRE 2400 - Review Historical FS 0.71
73 ISRE 2410 - Review performed by Auditor of the Entity 0.31
74 Practice Question 0.50
75 ISAE 3000 - Assurance engagements other than audits or review of Historical Financial Information 0.34
76 Practice Question 0.50
77 ISAE 3400 - Prospective Financial Information 0.77 16 Sep to 30 Sep
78 Practice Question 0.50
79 ISAE 3402 - Controls at Service Organization 0.61
80 Practice Question 0.50
81 ISAE 3410 - Greenhouse gas statement 0.75
82 Practice Question 0.50
83 ISAE 3420 - Compilation of Pro Forma Financial Information 0.46
84 Practice Question 0.50
85 ISRS 4400 - Agreed Upon Procedures (Revised) 0.32
86 Practice Question 0.50
87 ISRS 4410 - Compilation Engagements 0.18
88 Practice Question 0.50
89 Ameded International Framework for Assurance Engagement (Volume 3) 1
88 Homework 1.00
89 Homework 1.00
90 Homework 1.00
91 Homework 1.00
92 Homework 1.00
93 Homework 1.00

Grid 5 - Quality Control and Ethics


94 Ethics 7.20
ST ACADEMY
ADVANCE AUDIT - CFAP 6
SIR HAFIZ SALMAN ASLAM - ACA
WINTER 24 ATTEMPT - FULL COURSE
LECTURES PLAN
Expected
S No. Description Expected Date for Completion
Duration (hrs)
95 ISA 220 - Quality Control for an Audit (Revised) 0.41
96 ISQM 1 - Quality Management for Firms 1.09
97 ISQM 2 - Engagement Quality Reviews 0.37
98 Practice Questions 1.00
99 Practice Questions 1.00
100 Practice Questions 1.00
101 Practice Questions 1.00
102 Practice Questions 1.00
103 Practice Questions 1.00
104 Practice Questions 1.00
105 Practice Questions 1.00 1 Oct to 31 Oct
106 Homework 1.00
107 Homework 1.00
108 Homework 1.00
109 Homework 1.00
110 Homework 1.00
111 Homework 1.00
112 Homework 1.00
113 Homework 1.00
114 Homework 1.00
115 Homework 1.00
116 Homework 1.00
117 Homework 1.00
118 Homework 1.00
119 Homework 1.00

Total 99.17

S No. Particular No. of hrs


1 Concepts 33.87
2 Practice 29.79
Total Course Hrs 63.66
1 Homeworks 35.5

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