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Auditing and Assurance Training
Rated 4.0/5 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 face-to-face.

Online Classroom

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

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

Our Students

"The course content covered most of the basics and went deeper into details when required. Good hands-on exercises with practical examples."

"Excellent trainer and with confidence I can handle all sorts of PM scenarios and can challenge your mindset. Very good customer service from KnowledgeHut."

"I learned much from this training session, the faculty had good knowledge of the subject matter and provided good learning examples."

"2days PMP training was very good, I got lot of inspiration from this training."

Shreerang Bhawalkar

Shreerang Bhawalkar

ADP Dealer Services
Milind Gawaskar

Milind Gawaskar

Design Managr at NEC
Jan Miko

Jan Miko

Senior Digital Manager
Ada Lee

Ada Lee

Marketing Director

Frequently Asked Questions

ACCA, stands for Association of Chartered Certified Accountants and is a globally recognized centre for financial studies and trainings. Their certificate on Audit and Assurance empowers candidates to perform audits according to internationally accepted and recognized standards. You will learn about risks, audit standards, audit reporting and several other standards and procedures that lead to assurance for your organization and its clients.

There are no prerequisites for this course.

No. KnowledgeHut holds Audit and Assurance exam as a classroom training workshop throughout the year in our various centres. Our faculty are dedicated professionals with years of corporate experience and a passion for igniting minds

Most questions will be set at the audit senior/manager level. Questions may be set at the junior level but it is extremely unlikely that there will be questions set at the partner level.


It is easy to enroll for classroom training online. There are several options to pay either through your debit/credit card that includes Visa Card, MasterCard; American Express or - via PayPal. Payment receipt will be issued to the candidate automatically by email.

Any registration cancelled within 48 hours of the initial registration will be refunded in FULL (please note that all cancellations will incur a 5% deduction in the refunded amount due to transactional costs applicable while refunding). Refunds will be processed within 30 days of receipt of written request for refund. Kindly go through our Refund Policy for more details: http://www.knowledgehut.com/refund


Please send in an email to support@knowledgehut.com, and we will answer any queries you may have!


Senior accountants and auditors who wish to work for corporates and learn about international auditing standards will greatly benefit from this course.

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