Introduction to Practical Auditing (Bath)

When

Thursday 9:30 am - Friday 4:15 pm
Thursday 6th September 2018 - Friday 7th September 2018

Add to Calendar2018-09-06 09:30:002018-09-07 16:15:00Europe/LondonIntroduction to Practical Auditing (Bath)White Horse Training, 1 Riverside Court, Lower Bristol Road, Bath, BA2 3DZWhite Horse Training LtdMM/DD/YYYY

Where

White Horse Training White Horse Training, 1 Riverside Court, Lower Bristol Road, Bath, BA2 3DZ
Book now

Course Overview

This course is for new staff and those who will soon be working on audit assignments. It explains what an audit actually is and what an audit should achieve. This 2-day workshop includes practical case studies covering what will be expected of junior staff on the first few audit assignments on which they work. A basic knowledge of accounting and double entry bookkeeping is required.

The course will cover the following topics:

  • The objective of a statutory audit;
  • The types of entities that require an audit;
  • The overall regulatory framework – International Standards on Auditing (UK & Ireland);
  • The audit process in practice, and a junior’s role on an audit;
  • Introduction to the concepts of materiality, risk and audit sampling;
  • Introduction to financial statement assertions;
  • Key audit techniques used;
  • Working papers: documenting the work performed and conclusions reached;
  • Cash at bank: audit objectives, procedures and evidence;
  • and a brief introduction to the ICAEW/ACCA Code of Ethics and the requirement to report under the Money Laundering Regulations 2007.

Who should take this course?

Our practical training courses are designed to support junior staff to help develop their skills.