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Auditing and Assurance Training
Rated 4/5 based on 35 customer reviews

Auditing and Assurance Training

Aim for a first time pass of the Audit and Assurance exam and master auditing best practices!

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Modes of Delivery

Classroom

Our classroom training provides you the opportunity to interact with instructors and benefit from face-to-face instruction.

Online Classroom

Collaborative, enriching virtual sessions, led by world class instructors at time slots to suit your convenience.

Team/Corporate Training

Our Corporate training is carefully structured to help executives keep ahead of rapidly evolving business environments.
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Description

Auditing is by far the most important process in maintaining and evaluating an organization’s finances, internal controls, and transparency. Maintaining these parameters will help the organization achieve business objectives, prevent fraud and misappropriation of assets, monitor compliance with company and government policy and help assure customers, shareholders, and investors.

The process of auditing is complex and organizations seek qualified professionals who can perform internal and external audits. KnowledgeHut’s course on Auditing and Assurance helps you prepare for the Audit and Assurance exam conducted by the prestigious ACCA (Association of Chartered Certified Accountants). This exam aims to provide you with the skills necessary to carry out audits, corporate governance, evaluate internal controls and identify and mitigate risks by making suitable recommendations.

Our workshop gives you a step-by-step overview of all the modules covered in the exam with detailed courseware and practical exercises. You will learn through live application about auditing financial statements and the steps to be taken to meet the objectives of the International Standards of Auditing.

With auditing forming an important aspect of every organization, this course will open up countless professional opportunities for you. Enroll now and get started on this promising career path!
What you will learn:
  • The concept and function of audit and assurance, corporate governance, ethics and professional conduct
  • How to distinguish between internal and external audits
  • How to assess misstatements and analyse potential risks arising from fraud
  • How to make appropriate recommendations after exposing potential risks
  • How to perform IT related audits and review financial statements
  • How to manage internal audit reports, statutory reports and other types of reports
  • How to help organizations gain customer and investor assurance
  • How to help organizations comply with government regulations and policies

You will also get:

  • Coaching from industry experts
  • Downloadable courseware
  • Plenty of help with exams
  • Post workshop support

Key Features

Intensive course to help you prepare for the ACCA Audit and Assurance exam
Gain audit skills and competence
Live application of concepts to help you handle real world challenges
Learn through examples and case studies
Learn to comply with government policies
Expert instructors with real-world audit experience

Certification

Prerequisites:

There are no prerequisites for attending the workshop or the exam.

Certification:

Clearing the Audit and Assurance exam paper by ACCA will get participants the certificate.

For more information on the same visit:

http://www.accaglobal.com/content/dam/acca/global/PDF-students/acca/f8/studyguides/f8-sg-d14-j15.pdf

The Exam:

The exam is paper based and CBE format.

CBE duration—3 hours 20 minutes

Section A
  • Three OT cases, each containing a scenario which relates to five OT questions, each worth 2 marks.
  • 30 marks in total.
Section B
  • Three constructed response questions, each containing a scenario which relates to one or more requirement(s).
  • Each constructed response question is worth 20 or 30 marks in total.
  • 70 marks in total.

Paper exams duration—3 hours 15 minutes; 100 marks

Section A—15 multiple choice questions

Section B—3 questions

Curriculum

  • The concept of audit and other assurance engagements
  • External audits
  • Corporate governance
  • Professional ethics and ACCA’s Code of Ethics and Conduct
  • Internal audit and governance and the differences between external audit and internal audit
  • The scope of the internal audit function, outsourcing and internal audit assignment
  • Obtaining and accepting audit engagements
  • Objective and general principles
  • Assessing audit risks
  • Understanding the entity and its environment
  • Fraud, laws and regulations
  • Audit planning and documentation
  • Internal control systems
  • The use and evaluation of internal control systems by auditors
  • Tests of control
  • Communication on internal control


  • Financial statement assertions and audit evidence
  • Audit procedures
  • Audit sampling and other means of testing
  • The audit of specific items
  • Computer-assisted audit techniques
  • The work of others
  • Not-for-profit organisations
  • Subsequent events
  • Going concern
  • Written representations
  • Audit finalisation and the final review
  • Audit reports

reviews on our popular courses See All

Excellent training!

Attended Certified Scrum Product Owner®(CSPO) Certification workshop in July 2018

My experience with KnowlegeHut has been very good. The registration process was easy and the KH executive provided me with all the required details. About the training - as you might know, CSM training and exam are fairly easy but what counts is the quality of the training. I attended the session conducted by Nanda Lankalapalli and it was very informative and interective.

Attended Certified ScrumMaster®(CSM) workshop in September 2018

An excellent workshop on becoming a Certified ScrumMaster!

Attended Certified Scrum Product Owner®(CSPO) Certification workshop in November 2018

The trainer was excellent and her global exposure helped set a multidimensional view of the topics covered. She displayed good control over the flow and timing. Would certainly recommend this training

Attended Certified Scrum Product Owner®(CSPO) Certification workshop in July 2018
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Suresh SK

Global Director - Platform Management
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Ashish Sainik

QA Manager