Audit of Financial Statements
Bestseller
Language: Urdu / Hindi
Language: Urdu / Hindi
1- Understand the Business Activity – (Process Flow)
2- Understand the control environment & Identify ROMMs
3- Perform control testing to check design & Operating Effectiveness of Controls
4- Decide NTE of substantive Testing based on results of Control Testing
5- Perform Substantive Testing
6- Conclusion & Reporting
ABOUT THIS COURSE :
1. Understand Business Activity (Process Flow)
2. Assess Control Environment & Identify ROMMs
3. Test Control Design & Effectiveness
4. Determine NTE of Substantive Testing
5. Conduct Substantive Testing
6. Conclude & Report
This Course Includes:
- 20+ hours on-demand video
- 15 Lectures
- 1 Year access time
- Certificate of completion
- 24/7 WhatsApp Support
This Course Includes:
- 20+ hours on-demand video
- 15 Lectures
- 1 Year access time
- Certificate of completion
- 24/7 WhatsApp Support
Course Content
• Course Introduction & Materiality Test
• Audit Tools
• Cash & Bank and Financial Investments
• Walkthrough, Testing, Working paper Formation
• Operating Expenses and Creditors
• Revenue: Confirmations + Debtors
• Fixed Assets, closing stock:
• Floor to Sheet, Sheet to Floor, Share Capital testing
• Payroll testing, Actuarial testing
• Payroll testing, Actuarial testing
• Borrowings, Prepaid Exp. impairment Testing
• Provisions, Cap Commitments, Stat dues
• Off Balance Sheet items, JV Testing
• Checking for Divergences, Variance & Ratio Analysis- Part I
• Checking for Divergences, Variance & Ratio Analysis- Part II
• Reporting, CARO, Internal Financial Controls
• Special Session- Bank Audit
• Practical Workings Conclusion, Course Highlights & Key Pointers
Course Content
• Course Introduction & Materiality Test
• Audit Tools
• Cash & Bank and Financial Investments
• Walkthrough, Testing, Working paper Formation
• Operating Expenses and Creditors
• Revenue: Confirmations + Debtors
• Fixed Assets, closing stock:
• Floor to Sheet, Sheet to Floor, Share Capital testing
• Payroll testing, Actuarial testing
• Payroll testing, Actuarial testing
• Borrowings, Prepaid Exp. impairment Testing
• Provisions, Cap Commitments, Stat dues
• Off Balance Sheet items, JV Testing
• Checking for Divergences, Variance & Ratio Analysis- Part I
• Checking for Divergences, Variance & Ratio Analysis- Part II
• Reporting, CARO, Internal Financial Controls
• Special Session- Bank Audit
• Practical Workings Conclusion, Course Highlights & Key Pointers