ACCA AAA Mock Exam: Free Timed Practice Paper

Free Advanced Audit and Assurance practice exam

Sit three original questions in the exam's structure on a 3 hours 15 minutes clock. Mia reads each written part and says what it covers and what to add, and any figure you enter is checked.

Our free paper	3 questions, 100 marks, 195 minutes
Question 1	50 marks: a case study at the planning stage, with 10 professional skills marks
Questions 2 and 3	25 marks each, with 5 professional skills marks each; one on completion and reporting
Feedback	Written parts read by Mia, figures checked, with no mark and no pass or fail

Our free paper

3 questions, 100 marks, 195 minutes

Question 1

50 marks: a case study at the planning stage, with 10 professional skills marks

Questions 2 and 3

25 marks each, with 5 professional skills marks each; one on completion and reporting

Feedback

Written parts read by Mia, figures checked, with no mark and no pass or fail

How to use a practice exam

Sit it in one go on the clock: 195 minutes for 100 marks is just under 2 minutes a mark, so about 98 minutes for the case study and 49 for each Section B question.
Attempt every part: the marks are spread across the parts.
Afterwards, read Mia's notes on each written part, then practise the topics where your answer was thin.

How it is checked

A written part is read by Mia against the points a strong answer makes: she quotes the sentences that make them and names the next point to add, with no mark and no model answer. A figure is checked against the key, with the working.

Before the full paper

If you are not ready for a full timed paper, start with the free diagnostic: one short question on every topic in the course's own format, then the topic to fix first and a lesson on it.

Try 3 questions

Short questions in the course’s own format, not ACCA’s: the exam itself is all written.

Question 1 · Course practice question · Later events and going concern2 marks

Subsequent events and going concern

Kelso Co's year end is 31 December 2026. Following a severe loss of orders, its shareholders resolved on 3 March 2027, on the directors' proposal, to wind the company up in a creditors' voluntary liquidation, and no buyer for the business is expected. The financial statements, not yet approved, are prepared on the going concern basis and describe the liquidation decision fully in a note.

Which opinion should the auditor give? (2 marks)

An unmodified opinion with an Emphasis of Matter paragraph referring to the noteAn adverse opinion, because the going concern basis is inappropriateA disclaimer of opinion, because the company will cease to existAn unmodified opinion with a Material Uncertainty Related to Going Concern section

Question 2 · Course practice question · Group audits2 marks

Group audits

The Selby group's year end is 31 December 2026. Its subsidiary Thorne Co has a 30 September year end, and group management has shown that preparing further financial information for Thorne Co at 31 December is impracticable. The consolidation therefore uses Thorne Co's audited statements at 30 September 2026. Thorne Co sold its main warehouse in November 2026.

Which procedure responds to the risk this creates for the group financial statements? (2 marks)

Check that significant transactions between 1 October and 31 December, such as the warehouse sale, are adjusted forAsk Thorne Co's auditor to re-audit its statements as at 31 December 2026Obtain a written representation from group management that Thorne Co had no significant transactions between 1 October and 31 DecemberAgree that Thorne Co's balances at 30 September are translated at the 31 December exchange rate

Question 3 · Course practice question · Evidence2 marks

Evidence and testing

Management of Jarrow Co has given the auditor a list of its related parties. While auditing the year ended 31 December 2026, the audit senior notes the items below. None of the companies named is on management's list.

Which item suggests a related party relationship that management has not disclosed? (2 marks)

A bank loan from a high street bank at a market rate of interest, secured on the head officeSales to Belmont Co, a new customer, on the standard 30-day terms after a credit checkA $400,000 loan to Kelso Co, free of interest and with no repayment dateStationery bought from Arden Co, a long-standing supplier, at its published list prices

Questions people ask

Is there a free ACCA AAA mock exam?

Yes. Practice exam 1 here is free: three original written questions in the exam's structure, 100 marks on a 3 hours 15 minutes clock. It is unofficial practice, not an ACCA paper.

Does the practice exam give a mark?

No. Mia reads the written parts and figures are checked against the key, but neither is an examiner's mark, so the paper gives no pass or fail.

How many marks do I need to pass AAA?

50 of the 100 marks, across both sections.

Unofficial practice for the ACCA Advanced Audit and Assurance (AAA) exam, not affiliated with ACCA. ACCA is a trademark of the Association of Chartered Certified Accountants, which does not endorse this course. Every question here is original. No VAT is charged.