Financial Auditing

The Financial Auditing training course introduces to the nature and objectives of auditing, auditing standards and auditor’s responsibilities. This course will also explore professional ethics and auditor independence, the internal control structure and the fundaments of risk management in an auditing context.

Content:

• Introduction to auditing    
• Auditing, assurance and engagement    
• Regulatory frameworks    
• Earnings management    
• Audit and non-audit services    
• Professional ethics and independence    
• Auditor’s roles and duties    
• Auditor’s legal liability    
• Auditing environment    
• Auditing financial statements    
• Analytic procedures    
• Audit planning    
• Audit risk, materiality and audit evidence    
• Internal control and control risk assessment    
• Designing substantive procedures    
• Auditing sales and receivables    
• Audit Reporting