Auditing Organizational Processes And Procedures For Results Online Course

  • Time

    10:00am - 3:00pm

  • End Date

    14 Mar, 2022 - 16 Mar, 2022

  • Price

    ₦175,000

Event Details

By completion of this workshop participants will be able to:

- Understand the nature of compliance and substantive testing

- Understand the various techniques of audit sampling

- Understand the principle of evaluation of the risk of material error or misstatement going undetected

- Discuss the use of sampling as a valid audit technique including its limitation

 

CONTENT

*Audit Testing

- Compliance testing

- Substantive testing

 

*Audit Sampling

- Basis of sampling

- Points to consider before sampling

- Sampling risk

- Designing the sample

 

*Sampling Methods

- Random sampling

- Simple sampling

- Random systematic selection

- Value weighted selection

 

*Analytical Review Procedures

- Definition and introduction

- Key analytical review procedures

- Documentation

- Timing

- Challenges

 

*Analytical Procedures

- Comparisons with previous periods

- Trends and ratio analysis

- Budgets and forecasts

- Challenges in output levels

 

*Accounting Systems and Internal Controls

- Internal controls

- Control procedures

- Limitations of internal controls

- Control activities in specific areas of a business

 

FOR WHOM: All Internal Auditors and Risk Managers in the Public and Private Sectors.

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.

 

DATE:

1ST BATCH: 14th – 16th Mar, 2022           

2ND BATCH: 12th – 14th Sept, 2022

Other Dates

Start Date End Date
12 Sep, 2022 14 Sep, 2022
Start Date End Date
14 Mar, 2022 16 Mar, 2022

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