A basic understanding of the Financial Statements
What Makes this Course Different?
1) Demystify’ the External Audit Process
We will explain in simple terms the key concepts of the Audit Process
2) Understand ‘What Auditors Look For’
We will learn and gain the perspective of an External Auditor
3) Learn through ‘Real Examples’
We will utilize Microsoft Corporation’s Financial Statements throughout the course to explain these concepts
In this course, we will cover the following topics:
A) Key Audit Procedures by Account
Substantive Audit Procedures
Assets & Liabilities
B) Audit Considerations
Going Concern Assumption
Financial Statement Assertions
Controls vs Substantive Approach
Use of a Specialist
C) ‘What do Auditors’ look for?
Key Audit Matters & Risk Areas
Who this course is for:
Students – Accounting, Business, Finance & Commerce students.
Individuals – Those with ambitions to work at a Public Accounting Firm.
Professionals – Accountants and Managers who deal with the External Auditors as part of their job requirements
Lifelong Learners – Those who want to ‘broaden their mind’ and gain another ‘perspective’