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MODERN APPROACHES IN INTERNAL AUDITING

Date: 3 days, Apr.23 - Apr.25, 2025

Workshop Fee:

205000

Location: 13, John Olugbo Street, Off Toyin Street, Ikeja - Lagos, NG

Website: http://www.avantgardenigeria.com

Avant-Garde Resources Center (ARC)

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Course Description:

Objective

International Auditing Standards exist to bring the quality of auditing to its highest level wherever the audit is performed. This workshop studies all the extant International Auditing Standards, explains the terminology and logic for their existence in organizations. Guidance is given on how the standards may be applied in practice. If you are at all involved in the audit process then you need to be aware of what best practice is and how to apply it in organization’s career. By the end of the workshop, participants will be able to:

-      Understand the need for consistent high standards and international practice development

-      Improve audit planning and the conduct of auditing process

-      Understand what the “Jargon” means and improve report writing

Content

Introduction to Assurance Engagements

    ·       Terms of Audit Engagements

  ·       Framework of International Standards Organization

          ·       Objective and General Principles Governing an Audit

    ·       Quality Control for Audit Work

Documentation and Audit Files

    ·       Audit Documentation

    ·       Fraud and Error in Audit

    ·       Communications of Audit Maters

    ·       Quality Assurance

Audit Planning

     ·       Audit Materiality

     ·       Risk Assessments and Internal Control

   ·       Auditing in a Computer Information Systems Environment

   

   ·       Audit of Quality Control and Quality Assurance

Audit Evidence

            ·       Initial Engagements

            ·       Analytical Procedures

    ·       Audit Sampling and Other Selective Testing Procedures

            ·       Audit of Accounting Estimates

Audit Completion and Disclosure Issues

             ·       The Auditors’ Report

             ·       Writing Audits Reports and Final Outcomes

             ·       Recommendations and Follow up Procedures

     ·       Other Information in Documents Containing Audit Financial Statements

 

FOR WHOM: Directors, Managers, Staff in Internal Audit Departments and others who are involved in the audit process and want to be aware of what is best practice in modern time.

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