About the course
Gain a comprehensive understanding of auditing with our Audit Framework and Regulation. This course is designed for aspiring auditors, accounting professionals, and business owners who want to understand audit processes, regulatory requirements, and internal controls.
After completing of the course, you will better understand what are the duties of an auditor and how they apply accounting standards.
Course Content
- AUDIT FRAMEWORK AND REGULATION
- Purpose of audit engagements
- Statutory audits
- Appointment, removal and resignation of auditors
- Principles of professional ethics
- Accepting audit performance
- INTERNAL AUDIT
- Scope of Internal Audit
- Role of Internal Audit
- PLANNING AND ASSESSMENT
- Introduction to risks
- Materiality
- Assessing and response to risks of Material Misstatement
- Audit planning and documentation
- Audit evidence
- INTERNAL CONTROL
- Internal Control Systems
- Tests of controls
- AUDIT EVIDENCE
- Final Audit
- Balance Sheet audit
- REVIEW AND REPORTING
- Subsequent event
- Audit Report
