Question and Answer: 604

The IIA-ACCA exam, often related to the integration of internal auditing and accounting principles, typically covers topics such as:
Governance and Risk Management: Understanding organizational governance structures and risk management processes.
Internal Control Systems: Principles of designing, implementing, and evaluating internal control systems.
Audit Processes: Steps involved in conducting audits, including planning, fieldwork, and reporting.
Fraud Prevention and Detection: Techniques for identifying and mitigating fraud risks.
Compliance and Ethics: Knowledge of legal and regulatory frameworks affecting auditing practices.
Financial Reporting: Understanding the accounting principles and standards relevant to financial reporting.
Performance Management: Techniques for measuring and improving organizational performance.
Data Analytics: Data analytics is used in auditing to enhance decision-making and efficiency.