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Why is ACCA making amendments to the UK and Irish versions of Paper P7?

April 26, 2017acca amendments Irish p7 paper UK versions

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Why is ACCA making amendments to the UK and Irish versions of Paper P7?

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We are making changes to the UK and Irish versions of Paper P7 in order to meet the requirements of the Statutory Audit Directive, which governs all UK and Irish professional accountancy bodies. In order to comply with the requirements of SAD and to practise as an auditor certain elements of UK legislation and regulation should be examined. The revised Papers P7 (UK) and (IRL) fully meet regulatory and business environment requirements for those wishing to obtain the UK/Irish audit qualification.