CAF 8 Audit & Assurance Essentials | Study Plan

SC E-LEARNING • SPRING 2027

CAF 8 Study & Revision Plan

Follow the complete CAF 8 Audit & Assurance Essentials Spring 2027 plan with a date-wise interactive checklist. Tick each task as you complete it — your progress is saved automatically on this device.

CAF-8 • AUDIT AND ASSURANCE ESSENTIALS

Spring 2027 Study & Revision Plan

START DATE20 Oct 2026
FINAL REVISION11–31 Jan 2027
TARGET PAPER02 Feb 2027

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Follow the ICAP study text, practice questions and SC E-Learning tests. Sundays are reserved for self-revision and backlog.
Done Date Work Plan Test
20-Oct-2026Tuesday Chapter 1: Meaning/objective of audit, stewardship, accountability and true & fair view —
21-Oct-2026Wednesday Chapter 1: Statutory audit framework, appointment/removal/remuneration of auditors —
22-Oct-2026Thursday Chapter 1: Qualification/disqualification, rights and duties of auditors —
23-Oct-2026Friday Chapter 1: ISAs, professional skepticism, advantages and limitations of audit —
24-Oct-2026Saturday SC E-Learning Test 1 – Chapter 1 Test 1
25-Oct-2026Sunday SELF REVISION / BACKLOG COVER —
26-Oct-2026Monday Chapter 2: ISA 210 preconditions and agreeing terms of engagement —
27-Oct-2026Tuesday Chapter 2: Engagement letter contents and recurring audits —
28-Oct-2026Wednesday Chapter 2: ISA 220 quality management and engagement partner responsibilities —
29-Oct-2026Thursday Chapter 2: Written practice and chapter review —
30-Oct-2026Friday SC E-Learning Test 2 – Chapter 2 Test 2
31-Oct-2026Saturday Chapter 3: Planning an audit, overall audit strategy and audit plan —
01-Nov-2026Sunday SELF REVISION / BACKLOG COVER —
02-Nov-2026Monday Chapter 3: Understanding entity, environment, internal control and assertions —
03-Nov-2026Tuesday Chapter 3: Materiality and performance materiality —
04-Nov-2026Wednesday Chapter 3: Audit risk model, inherent risk, control risk and detection risk —
05-Nov-2026Thursday Chapter 3: Responses to assessed risks and fraud risk —
06-Nov-2026Friday Chapter 3: Not-for-profit audit areas and practice questions —
07-Nov-2026Saturday Chapter 3: Materiality/risk calculations and written answer practice —
08-Nov-2026Sunday SELF REVISION / BACKLOG COVER —
09-Nov-2026Monday Chapter 3: Full chapter quick revision —
10-Nov-2026Tuesday Chapter 3: Past paper questions and weak-area correction —
11-Nov-2026Wednesday SC E-Learning Test 3 – Chapter 3 Test 3
12-Nov-2026Thursday Review Test 3 and correct weak areas —
13-Nov-2026Friday Chapter 4: Audit evidence, sufficiency and appropriateness —
14-Nov-2026Saturday Chapter 4: Audit procedures, documentation and sampling basics —
15-Nov-2026Sunday SELF REVISION / BACKLOG COVER —
16-Nov-2026Monday Chapter 4: Sampling risk, methods and practice questions —
17-Nov-2026Tuesday SC E-Learning Test 4 – Chapter 4 Test 4
18-Nov-2026Wednesday Chapter 5: Information system, control activities and monitoring controls —
19-Nov-2026Thursday Chapter 5: Documenting systems, walkthroughs and control deficiencies —
20-Nov-2026Friday Chapter 5: Internal control case practice and chapter review —
21-Nov-2026Saturday SC E-Learning Test 5 – Chapter 5 Test 5
22-Nov-2026Sunday SELF REVISION / BACKLOG COVER —
23-Nov-2026Monday Chapter 6: Tests of controls – purpose, nature, timing and extent —
24-Nov-2026Tuesday Chapter 6: Sales/receivables and purchases/payables control testing —
25-Nov-2026Wednesday Chapter 6: Payroll, inventory and bank/cash controls testing —
26-Nov-2026Thursday Chapter 6: IT controls and documentation of test results —
27-Nov-2026Friday Chapter 6: Control testing scenarios and practice questions —
28-Nov-2026Saturday SC E-Learning Test 6 – Chapter 6 Test 6
29-Nov-2026Sunday SELF REVISION / BACKLOG COVER —
30-Nov-2026Monday Chapter 7: Introduction to substantive procedures and assertions —
01-Dec-2026Tuesday Chapter 7: Substantive procedure writing practice —
02-Dec-2026Wednesday SC E-Learning Test 7 – Chapter 7 Test 7
03-Dec-2026Thursday Chapter 8: Substantive procedures for non-current assets —
04-Dec-2026Friday Chapter 8: Additions, disposals, depreciation and impairment testing —
05-Dec-2026Saturday Chapter 8: NCA scenario practice and audit procedures —
06-Dec-2026Sunday SELF REVISION / BACKLOG COVER —
07-Dec-2026Monday SC E-Learning Test 8 – Chapter 8 Test 8
08-Dec-2026Tuesday Chapter 9: Substantive procedures for current assets – inventory —
09-Dec-2026Wednesday Chapter 9: Receivables, cash/bank and cut-off procedures —
10-Dec-2026Thursday Chapter 10: Substantive procedures for liabilities, provisions and expenses —
11-Dec-2026Friday Chapters 9 & 10: Combined substantive procedures practice —
12-Dec-2026Saturday SC E-Learning Test 9 – Chapters 9 & 10 Test 9
13-Dec-2026Sunday SELF REVISION / BACKLOG COVER —
14-Dec-2026Monday Chapter 11: Related party transactions – identification and disclosure —
15-Dec-2026Tuesday Chapter 11: Audit procedures for related parties and scenario practice —
16-Dec-2026Wednesday SC E-Learning Test 10 – Chapter 11 Test 10
17-Dec-2026Thursday Chapter 12: Reliance on internal auditors and experts —
18-Dec-2026Friday Chapter 12: Service organisations, group/reliance issues and documentation —
19-Dec-2026Saturday Chapter 12: Practice questions and chapter review —
20-Dec-2026Sunday SELF REVISION / BACKLOG COVER —
21-Dec-2026Monday SC E-Learning Test 11 – Chapter 12 Test 11
22-Dec-2026Tuesday Chapter 13: Professional ethics, fundamental principles and threats —
23-Dec-2026Wednesday Chapter 13: Safeguards, conflicts of interest and confidentiality —
24-Dec-2026Thursday Chapter 13: Ethical scenarios and written answer templates —
25-Dec-2026Friday Chapter 13: Practice questions and chapter review —
26-Dec-2026Saturday SC E-Learning Test 12 – Chapter 13 Test 12
27-Dec-2026Sunday SELF REVISION / BACKLOG COVER —
28-Dec-2026Monday Chapter 14: Audit finalisation – reporting basics and audit opinions —
29-Dec-2026Tuesday Chapter 14: Modified opinions, emphasis of matter and other matter paragraphs —
30-Dec-2026Wednesday Chapter 14: Key reporting cases and report drafting practice —
31-Dec-2026Thursday Chapter 14: Subsequent events and going concern reporting matters —
01-Jan-2027Friday Chapter 14: Practice questions and chapter review —
02-Jan-2027Saturday SC E-Learning Test 13 – Chapter 14 Test 13
03-Jan-2027Sunday SELF REVISION / BACKLOG COVER —
04-Jan-2027Monday Chapter 15: Written representations and final analytical procedures —
05-Jan-2027Tuesday Chapter 16: Review engagements and assurance engagements —
06-Jan-2027Wednesday Chapter 16: Sustainability assurance engagements and reporting practice —
07-Jan-2027Thursday Chapters 15 & 16: Combined practice and chapter review —
08-Jan-2027Friday SC E-Learning Test 14 – Chapters 15 & 16 Test 14
09-Jan-2027Saturday Past Paper 1 in exam conditions + review mistakes Past Paper
10-Jan-2027Sunday SELF REVISION / BACKLOG COVER —
11-Jan-2027Monday Full revision: Ch 1 Concept and Need for Audit —
12-Jan-2027Tuesday Full revision: Ch 2 Obtaining an Engagement —
13-Jan-2027Wednesday Full revision: Ch 3 Planning and Risk Assessment; Ch 4 Evidence and Sampling —
14-Jan-2027Thursday Full revision: Ch 5 Internal Control —
15-Jan-2027Friday Full revision: Ch 6 Tests of Controls —
16-Jan-2027Saturday Full revision: Ch 7 Introduction to Substantive Procedures; Ch 8 Substantive Procedures Non-current Assets —
17-Jan-2027Sunday SELF REVISION / BACKLOG COVER —
18-Jan-2027Monday Full revision: Ch 10 Substantive Procedures Other Areas —
19-Jan-2027Tuesday Full revision: Ch 11 Related Party Transactions; Ch 12 Reliance on Others —
20-Jan-2027Wednesday Full revision: Ch 13 Professional Ethics —
21-Jan-2027Thursday Full revision: Ch 14 Audit Finalisation Reporting —
22-Jan-2027Friday Full revision: Ch 15 Audit Finalisation Final Evaluation; Ch 16 Review and Assurance Engagements —
23-Jan-2027Saturday Timed ICAP Past Paper 1 + marking and error log Past Paper
24-Jan-2027Sunday SELF REVISION / BACKLOG COVER —
25-Jan-2027Monday Integrated revision: hardest topics, MCQs, written practice and examiner comments —
26-Jan-2027Tuesday Timed ICAP Past Paper 2 + marking and error log Past Paper
27-Jan-2027Wednesday SC E-Learning full syllabus mock + solution analysis Full Mock
28-Jan-2027Thursday Integrated revision: hardest topics, MCQs, written practice and examiner comments —
29-Jan-2027Friday Timed ICAP Past Paper 3 + marking and error log Past Paper
30-Jan-2027Saturday Formula sheets / key standards / statutory provisions + repeated mistakes —
31-Jan-2027Sunday SELF REVISION / BACKLOG COVER —
SC E-LEARNING

CAF 8 Comprehensive Test Series

Test 1Chapter 1 — Concept and Need for Assurance
Test 2Chapter 2 — Obtaining an Engagement
Test 3Chapter 3 — Planning and Risk Assessment
Test 4Chapter 4 — Evidence and Sampling
Test 5Chapter 5 — Internal Control
Test 6Chapter 6 — Tests of Controls
Test 7Chapter 7 — Introduction to Substantive Procedures
Test 8Chapter 8 — Substantive Procedures: Non-current Assets
Test 9Chapters 9 & 10 — Current Assets + Other Areas
Test 10Chapter 11 — Related Party Transactions
Test 11Chapter 12 — Reliance on Others
Test 12Chapter 13 — Professional Ethics and Codes of Conduct
Test 13Chapter 14 — Audit Finalisation: Reporting
Test 14Chapters 15 & 16 — Final Evaluation + Review and Sustainability Assurance Engagements
Mid 1Chapters 1 to 8
Mid 2Chapters 9 to 16
Test 17Mock — Full Book

Final Preparation Resources

Before the final exam, attempt at least 2–3 past papers in one sitting each under exam conditions, review mistakes and revisit weak areas.

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