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.
By the end of this Auditing and Assurance Training Course, you will learn:
The concept and function of audit and assurance, corporate governance, ethics and professional conduct
How to distinguish between internal and external audits
How to assess misstatements and analyse potential risks arising from fraud
How to make appropriate recommendations after exposing potential risks
How to perform IT-related audits and review financial statements
How to manage internal audit reports, statutory reports and other types of reports
How to help organizations gain customer and investor assurance
How to help organizations comply with government regulations and policies
Explain the principles and elements of the internal audit function.
Demonstrate how internal auditing works.
Identify the standards under which internal audits are conducted.
Develop a practical perspective into contemporary work practices in your field.
This Auditing and Assurance Training Course ideal for:
Internal auditors and government auditors.
Employees of certified public accounting (CPA) firms.
Who is preparing for the Audit and Assurance exam conducted by the prestigious ACCA (Association of Chartered Certified Accountants).
Those interested in up-to-date coverage of globally recognised auditing concepts with practical examples of the implementation of those concepts in real-world settings.
Those interested in the most important internationally recognised concepts of auditing to aid their audit decision making and evidence accumulation in today’s complex, global auditing environment.