Practical Audit Workshop (Bath)

Date

Time

Venue

Wednesday 11th July 2018 - Friday 13th July 2018

9:30 am - 4:15 pm

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

Add to Calendar2018-07-11 09:30:002018-07-13 16:15:00Europe/LondonPractical Audit Workshop (Bath)White Horse Training, 1 Riverside Court, Lower Bristol Road, Bath, BA2 3DZWhite Horse Training LtdMM/DD/YYYY

Overview

Many staff who complete specific audit tests effectively find the step up to completing whole sections of an audit file, supervising less experienced staff and ensuring that work adequately covers all audit issues to be much more challenging. This practical 3-day workshop addresses these issues through lectures, a series of group discussions and case studies. It aims to give attendees the confidence and skills to challenge audit evidence, assess the results obtained and determine whether audit objectives have been achieved. Attendees should have attended the Introduction to Practical Audit Course and/or have completed basic audit procedures on several assignments. They should also have a reasonable understanding of how to prepare financial statements.

The course covers the following topics:

  • An understanding of the clients which need an audit (including Companies, Charities, Academies, Clubs and Associations);
  • An overview of the legislation and terminology specific to these sectors; and How risk and audit approach may change depending on the type of client audited;
  • The need to obtain evidence that is sufficient and appropriate without being inefficient;
  • Auditing the key Balance Sheet sections, including debtors, creditors and stock;
  • Attendance at physical stock-takes;
  • Analytical review procedures;
  • Interpreting the results of audit tests and identifying the consequences of errors identified;
  • The auditor’s duties regarding fraud and error and laws and regulations;
  • The importance of completing work to a high level – what happens if things go wrong.

Book Now

 

Non Members

 

 
 

£180 + VAT
per day

 
 

 

Members

 

 
 

Free

 
 

Many staff who complete specific audit tests effectively find the step up to completing whole sections of an audit file, supervising less experienced staff and ensuring that work adequately covers all audit issues to be much more challenging. This practical 3-day workshop addresses these issues through lectures, a series of group discussions and case studies. It aims to give attendees the confidence and skills to challenge audit evidence, assess the results obtained and determine whether audit objectives have been achieved. Attendees should have attended the Introduction to Practical Audit Course and/or have completed basic audit procedures on several assignments. They should also have a reasonable understanding of how to prepare financial statements.

The course covers the following topics:

  • An understanding of the clients which need an audit (including Companies, Charities, Academies, Clubs and Associations);
  • An overview of the legislation and terminology specific to these sectors; and How risk and audit approach may change depending on the type of client audited;
  • The need to obtain evidence that is sufficient and appropriate without being inefficient;
  • Auditing the key Balance Sheet sections, including debtors, creditors and stock;
  • Attendance at physical stock-takes;
  • Analytical review procedures;
  • Interpreting the results of audit tests and identifying the consequences of errors identified;
  • The auditor’s duties regarding fraud and error and laws and regulations;
  • The importance of completing work to a high level – what happens if things go wrong.