Auditing and Assurance Training
Course Info
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Course Details
Introduction
Objective
Who should attend
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An audit is a systematic review and assessment of information or documents. There are a few different types of audit but, in the specific context of professional services, an audit is usually financial. It is intended to provide reasonable assurance, that the financial statements give a true and fair view in accordance with the financial reporting framework.
Auditing is by far the most important process in maintaining and evaluating an organization’s finances, internal controls, and transparency. Maintaining these parameters will help the organization achieve business objectives, prevent fraud and misappropriation of assets, monitor compliance with company and government policy and help assure customers, shareholders, and investors.
This training course examines and applies the key elements of internal auditing. Extend your auditing skills and add value to your organization with our Auditing and Assurance Training Course.
Course Outline
The Auditing Profession
- The concept of accountability
- Economic demand for auditing
- Auditing as a monitoring device
- The historical development of auditing practices.
- The demand for auditing and other assurance services
- The CPA profession
- Audit reports
- Professional ethics
- Legal liability
