EPSO Auditors study plan

Map the EPSO auditor syllabus into a one-page checklist that lists every sub-area of Audit and Accounting with your current confidence level from 1 to 5

Explain in writing the difference between reasonable assurance, limited assurance and agreed-upon procedures, using one worked example each

Reconstruct the audit risk model (inherent, control, detection risk) and apply it to two short scenarios to decide where substantive testing should increase

Define the qualitative characteristics of useful financial information and match each to a concrete disclosure in a set of published financial statements

Complete 30 mixed Audit and Accounting multiple-choice questions under timed conditions and log every wrong answer with the underlying rule

Draft an audit planning memo that sets materiality at overall and performance levels, giving the benchmark, the percentage applied and the rationale

Sequence the stages of an audit from engagement acceptance to the auditor's report and state the key output document produced at each stage

Classify ten given findings as deficiencies in internal control, and for each write the risk, the recommendation and the management response you would expect

Distinguish the types of audit evidence (inspection, observation, external confirmation, recalculation, analytical procedures, inquiry) and rank them by reliability for three assertions

Practise sampling: compute sample sizes and evaluate exceptions using both statistical and non-statistical approaches

Prepare a set of financial statements from a trial balance, covering the statement of financial position, statement of profit or loss and statement of cash flows

Apply accruals, prepayments, depreciation, inventory valuation and impairment adjustments to a trial balance and show the correcting journal for each

Reconcile a bank statement and a supplier statement, explaining each reconciling item and where it appears in the accounts

Distinguish the recognition, measurement and disclosure requirements for revenue, leases and provisions, and note where the applicable framework differs from national rules

Compute and interpret five key ratios from a set of accounts and state the limitation of each ratio

Write an internal control questionnaire and a walkthrough narrative for the revenue and expenditure cycles

Identify and explain the fraud risk factors in a short case and state the auditor's responsibilities regarding fraud and non-compliance with laws

Summarise the auditor's reporting obligations when misstatements remain uncorrected, including the effect on the opinion

Explain the consolidation logic for a simple group: control, goodwill on acquisition, intra-group eliminations and non-controlling interests

Complete a 40-question mixed set under exam timing and review every error against the source standard

Outline the EU institutional framework and state the role of each institution in the budgetary and legislative process

Trace the annual budget cycle from the Commission's draft to discharge and identify where the Court of Auditors and the European Parliament intervene

Explain the legal bases, principles and instruments of the EU budget, including own resources and the multiannual financial framework

Describe the Court of Auditors' mandate, the types of reports it produces and how its findings feed into the discharge procedure

Summarise the core rules on public procurement, state aid and financial correction in EU spending programmes

Explain sound financial management, the three internal control principles and the concept of tolerable risk in EU spending

Compare the shared management, direct management and indirect management modes and state who is accountable in each

Apply the EU legal framework on fraud protection and the role of the European Public Prosecutor's Office to two short scenarios

Link the Court of Auditors' statement of assurance to the audit work that supports it, including the distinction between legality and regularity and sound financial management

Draft a short audit observation in the style of a special report: condition, criterion, cause, effect, recommendation

Complete timed verbal reasoning sets and adopt a strategy for true/false/cannot-say items that you can state in one sentence

Practise numerical reasoning with percentage change, ratios, currency conversion and table interpretation, targeting accuracy under a fixed time per question

Work through abstract reasoning series and matrix items and articulate the rule you used for each, so the reasoning becomes transferable

Diagnose your personal error pattern in each of the three reasoning types and write a corrective routine for each

Simulate a full reasoning test in one sitting under strict timing

Re-run every wrong-answer log entry from weeks 1 to 7 and confirm you can now explain the underlying rule without notes

Sit a full timed mock covering all four domains and review it domain by domain

Condense each domain into a single revision sheet of no more than one page

Rehearse concise written answers to likely case-study prompts, keeping each under a strict word limit

Plan exam-day logistics: timing per section, order of answering and a rule for when to abandon a question