You are browsing a past course

*NEW* Audit Monitoring

Description

This course is in English.

Course Description:

The purpose of the program is to ensure that the company's staff is sufficiently trained to be able to identify audit issues related to the financial statements. It will enhance the team 's knowledge and skills to assess audit requirements for impending audit follow - up.

 

Course Objectives:

At a Knowledge level:

  • Name the main elements of the respective standards Check
  • Describe the main provisions of the standards control and how they can be applied in practice
 

At a Skills level:

  • Be able to document from the financial statements any errors that are relevant and affect the clear image of the company
  • Choose different models that can be used for control purposes
 

At an Approach level:

 

Work with other audit staff to ensure that the recommended solutions apply to these scenarios.

 

The course is addressed to:

  • Auditing and accounting staff (CFOs, accountants, internal & external auditors),

who participate in the statutory audit of financial statements as well as in the preparation of financial statements in accordance with the respective International Financial Reporting Standards. (IFRS).

 

This course is consistent out of 4 topics.

 

Instructor Style:

The course is delivered by someone with hands on experience. Highly practical, relevant and important and safely this course is for you.The instructor blends theory with highly practical case studies and examples derived from his long experience.

 

CPD accreditation:

The course may be approved for up to 8 CPD units verified directly by the participant's association, regulator or other bodies which holds membership.

 

*Group rates available.   **Early Bird discount may apply. 

 

This course can be offered inhouse, customised to your business needs.

 

*Infocredit Professional Education division (IPE)  holds the right to postpone or cancell any seminar within a logical time frame near to the start date of the seminar, in the case whereas no adequate number of participants is registered i .e. less than 6 persons and/or in the case that out of the list of registered people are not included at least 4 employed people  ( as per HRDA guidelines). You can access  HRDA guidelines by clicking the link: https://bit.ly/2VSWgWU 

Topics

- Understanding the elements of audit documentation,
- Understand and prepare a typical audit file with the appropriate sections
- Understand and prepare key documentation for audit procedures

- Identify the main elements of audited financial statements and the corresponding notes, the importance of each for audit purposes.

- The purpose of a audit tests and its main elements in relation to PL items
- The purpose of and importance of crossreferencing and materiality
- Preparation of a typical working paper for key profit and loss elements.

- Preparation and analysis of audit working papers in relation to the balance sheet
- How to complete effectively the audit file for review purposes 

Summary

Course dates

Nov 11 - Nov 12, 2020

Class hours

09:00 - 13:15

Subsidy

Not subsidised by HRDA

Training certificate

Infocredit Professional Education (IPE)

Level

2

Method of instruction

online

Language

English

Educational material

digital

Laptop

required

Payment

online

Course Instructors

Nearchos Ioannou

read more

We Are Here to Help