This course helps to know the basic auditing concepts and practices you require or encounter in work environments. This is also an important course mostly for those in the Auditing and accounting professions. The professionals are able to gain knowledge of the roles, duties, and responsibilities of the registered auditor as well as apply the International Standards on Auditing (ISA) in performing audit engagements or gaining an understanding of the profession’s operations thereof. The course upskills you in areas such as ethics, quality control, internal controls, and risk management with regard to auditing, accounting, and general company operations.
Course Key Concepts: Auditing, Ethics, Regulations, Assurance, Controls, Engagements, Risk, Skepticism, Quality.
Learning Objectives
- Recognize the theory and practical application as well as the philosophy of the accounting profession and the financial statement audit engagement.
- Explore the regulatory processes in the profession and the role of the professional auditor in the financial statements and statutory audit and the ability to apply the key terms, concepts, facts, principles, rules, and theories thereof to relevant contexts.
- Identify the different stages of the audit process for an assurance engagement.
- Recognize the ethical implications of decisions and actions, within an organizational or professional context, based on an awareness of the complexity of ethical dilemmas.
- Identify and address your own learning needs in a given context, and take advantage of learning opportunities to address personal learning and development objectives.
- Recognize the rights and responsibilities of the individual, the profession, and corporates in relation to the community that they belong and operate in.
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Prerequisites
No advanced preparation or prerequisites are required for this course.