P7 – Advanced Audit & Assurance (UK & INT variant) Core areas of the syllabus expected to be examined in every sitting: • Engagement planning and risk (audit risk likely this sitting); • Gathering evidence; • Ethics/professional issues; and • Engagement reporting (particularly audit qualifications). Subject of recent articles: • Forensic investigations and audit (September 2008). (Likely to include elements of planning and/or gathering evidence similar to question 2 of pilot paper). ‘Peripheral topics’ from exam approach article yet to be covered: • Regulatory framework; • Obtaining professional work; and • Corporate governance.