Introduction
Audit and assurances are crucial to maintaining the integrity and transparency of financial statements, whether in the public or private sector. The role of audit and assurance is more important than ever in today’s increasingly complex financial environment. This course is designed to provide auditors with a deep understanding of auditing practices, standards, and techniques in order to perform an effective audit of financial statements. Participants will explore the entire audit process, from planning to risk assessment, to test execution and evaluation of internal controls, so that financial statements present a true and fair picture of the organization’s financial position and performance.
Course Outline
- Module 1
- Module 2
- Module 3
- Module 4
- Module 5
- Course Objectives
- Target Audience
Auditing & Assurance
- Purpose of auditing.
- The role of assurance in financial reporting.
- Key auditing standards (e.g., ISA, GAAS).
- Ethical principles and the role of professional skepticism.
- Financial statement audits.
- Other assurance engagements.
Audit Planning & Risk Assessment
- Audit Planning and Strategy
- Setting materiality levels.
- Determining audit scope
- Risks of material misstatement.
- Responses to assessed risks.
- Selecting appropriate audit procedures.
Internal Controls & Audit Testing
- Components of internal control systems.
- Implementing and evaluating controls.
- Testing the operating effectiveness of controls.
- Substantive tests of transactions and balances.
- Analytical procedures and their application.
Audit Evidence & Documentation
- Types and sources of audit evidence.
- Techniques for obtaining and evaluating evidence.
- Audit sampling methods.
- Testing procedures and error evaluation.
- Requirements for audit documentation.
Audit Reporting & Communication
- Elements of the auditor’s report.
- Types of audit opinions and their implications.
- Communicate with management and governance officials.
- Report on audit findings and recommendations.
- Other assurance engagements.
By the end of this course, participants will be able to:
- Explore the regulatory framework and ethical considerations that guide audits.
- Plan effective audit strategies, including risk assessments.
- Apply auditing techniques, such as sampling and substantive testing.
- Identify the effectiveness of an internal control and its impact on financial reporting.
- Ensure that audit reports are clear and concise, and communicate findings to stakeholders
This course is ideal for
- Financial Auditors.
- Internal & External Auditors.
- Audit Managers & Supervisors.
- Accountants and Financial Analysts.
- Finance Managers & Controllers.
- Compliance Officers & Risk Managers.
- Managers & Executives.
Course Schedule & Fees
- Kuala Lumpur
- Singapore
- Amsterdam
- Online
- Course Fees
This course will take place in Kuala Lumpur on the following dates:
| 19/05/2025 | 02/06/2025 | 16/06/2025 | 30/06/2025 |
| 14/07/2025 | 28/07/2025 | 11/08/2025 | 25/08/2025 |
| 08/09/2025 | 22/09/2025 | 06/10/2025 | 20/10/2025 |
| 03/11/2025 | 17/11/2025 | 01/12/2025 | 15/12/2025 |
| 29/12/2025 | 12/01/2026 | 26/01/2026 | 09/02/2026 |
This course will take place in Singapore on the following dates:
| 12/05/2025 | 02/06/2025 | 23/06/2025 | 14/07/2025 |
| 04/08/2025 | 25/08/2025 | 15/09/2025 | 06/10/2025 |
| 27/10/2025 | 17/11/2025 | 08/12/2025 | 29/12/2025 |
| 19/01/2026 | 09/02/2026 |
This course will take place in Amsterdam on the following dates:
| 05/05/2025 | 26/05/2025 | 16/06/2025 | 07/07/2025 |
| 28/07/2025 | 18/08/2025 | 08/09/2025 | 29/09/2025 |
| 20/10/2025 | 10/11/2025 | 01/12/2025 | 22/12/2025 |
| 12/01/2026 | 02/02/2026 | 23/02/2026 |
This course will take place Online the following dates:
| 27/05/2025 | 24/06/2025 | 22/07/2025 | 19/08/2025 |
| 16/09/2025 | 14/10/2025 | 11/11/2025 | 09/12/2025 |
| 06/01/2026 | 03/02/2026 |
| Kuala Lumpur | Singapore | Amsterdam | Online |
| USD$ 3,580 | USD$ 5,600 | USD$ 5,600 | USD$ 1,920 |
