Auditing and Assurance Training

Course Info

Length: 1 Week

Type: In Classroom

Available Dates

Venue

  • Dec-12-2022

    Istanbul

  • Dec-12-2022

    London

  • Dec-12-2022

    Dubai

  • Dec-19-2022

    Singapore

  • Dec-19-2022

    Barcelona

  • Dec-19-2022

    Paris

  • Dec-19-2022

    Madrid

  • Dec-26-2022

    Dubai

  • Dec-26-2022

    Kuala Lumpur

  • Dec-26-2022

    Amsterdam

  • Dec-26-2022

    Zurich

  • Dec-26-2022

    London

  • Dec-26-2022

    Istanbul

  • Jan-02-2023

    Dubai

  • Jan-09-2023

    London

  • Jan-16-2023

    Barcelona

  • Jan-23-2023

    Paris

  • Jan-23-2023

    Singapore

  • Jan-23-2023

    Istanbul

  • Jan-30-2023

    Amsterdam

  • Feb-06-2023

    Kuala Lumpur

  • Feb-06-2023

    Dubai

  • Feb-13-2023

    Madrid

  • Feb-13-2023

    Istanbul

  • Feb-20-2023

    London

  • Feb-20-2023

    Zurich

  • Mar-06-2023

    Barcelona

  • Mar-06-2023

    Dubai

  • Mar-13-2023

    Istanbul

  • Mar-13-2023

    Paris

  • Mar-13-2023

    Singapore

  • Mar-20-2023

    London

  • Mar-20-2023

    Amsterdam

  • Apr-03-2023

    Dubai

  • Apr-03-2023

    Kuala Lumpur

  • Apr-10-2023

    Madrid

  • Apr-10-2023

    Istanbul

  • Apr-17-2023

    London

  • Apr-17-2023

    Zurich

  • May-08-2023

    Dubai

  • May-08-2023

    Barcelona

  • May-15-2023

    Singapore

  • May-15-2023

    Paris

  • May-15-2023

    Istanbul

  • May-22-2023

    Amsterdam

  • May-22-2023

    London

  • June-05-2023

    Kuala Lumpur

  • June-05-2023

    Dubai

  • June-12-2023

    Madrid

  • June-12-2023

    Istanbul

  • June-19-2023

    London

  • June-19-2023

    Zurich

  • July-03-2023

    Barcelona

  • July-03-2023

    Dubai

  • July-10-2023

    Paris

  • July-10-2023

    Istanbul

  • July-10-2023

    Singapore

  • July-17-2023

    London

  • July-17-2023

    Amsterdam

  • Aug-07-2023

    Dubai

  • Aug-07-2023

    Kuala Lumpur

  • Aug-14-2023

    Madrid

  • Aug-14-2023

    Istanbul

  • Aug-21-2023

    Zurich

  • Aug-21-2023

    London

  • Sep-04-2023

    Dubai

  • Sep-04-2023

    Barcelona

  • Sep-11-2023

    Paris

  • Sep-11-2023

    Istanbul

  • Sep-11-2023

    Singapore

  • Sep-18-2023

    Amsterdam

  • Sep-18-2023

    London

  • Oct-09-2023

    Kuala Lumpur

  • Oct-09-2023

    Dubai

  • Oct-16-2023

    Istanbul

  • Oct-16-2023

    Madrid

  • Oct-23-2023

    London

  • Oct-23-2023

    Zurich

  • Nov-06-2023

    Barcelona

  • Nov-06-2023

    Dubai

  • Nov-13-2023

    Paris

  • Nov-13-2023

    Singapore

  • Nov-13-2023

    Istanbul

  • Nov-20-2023

    Amsterdam

  • Nov-20-2023

    London

  • Dec-04-2023

    Dubai

  • Dec-04-2023

    Kuala Lumpur

  • Dec-11-2023

    Istanbul

  • Dec-11-2023

    Madrid

  • Dec-18-2023

    Zurich

  • Dec-18-2023

    London

Course Details

Course Outline

5 days course

 

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

 

The Audit Process

 

  • Audit responsibilities and objectives
  • Audit evidence
  • Audit planning and materiality
  • Assessing the risk of material misstatement
  • Assessing and responding to fraud risks
  • Internal control and COSO framework
  • Assessing control risk and reporting on internal controls
  • Overall audit strategy and audit programme

 

Application of the Audit Process to the Sales and Collection Cycle

 

  • Tests of controls and substantive tests of transactions
  • Audit sampling for tests of controls and substantive tests of tests of transactions
  • Completing the tests in the sales and collection cycle: accounts receivable
  • Audit sampling for tests of details of balances

 

Application of the Audit Process to other Cycles

 

  • Audit of the acquisition and payment cycle: tests of controls, substantive tests of transactions, and accounts payable
  • Completing the tests in the acquisition and payment cycle: verification of selected accounts
  • Audit of the payroll and personnel cycle
  • Audit of the inventory and warehousing cycle
  • Audit of the capital acquisition and repayment cycle
  • Audit of cash and financial instruments

 

Completing the Audit

 

  • Perform additional tests for presentation and disclosure
  • Review for contingent liabilities and commitments
  • Review for subsequent events
  • Final evidence accumulation
  • Evaluate results
  • Issue the audit report
  • Communicate with the audit committee and management
  • Subsequent discovery of facts