Course contents

The course is designed for partners, managers and senior members of the audit team. It looks at the areas of an audit that must be completed but we find from our file reviews can often be overlooked, omitted or not given sufficient emphasisThe course covers:

  • Planning
  • Pre-audit meetings with the directors and audit team
  • Fraud
  • Audit documentation and summaries
  • The closedown process
  • Related parties
  • Financial statements ¬
  • Audit ethics and independence
  • Designing tests for high-risk or unusual areas
  • Auditing accounting estimates
  • Letters of engagement and representation
  • Auditing closedown meetings with directors
  • The audit of opening balances
  • Taking over an audit
  • Going concern
  • Plus other topical audit problems at the time of the course

    The autumn 2019 courses will cover:

  • The audit ethics that must be considered
  • The importance of the audit plan
  • Assessing the risk of key audit areas
  • Why you must consider and document fraud risk
  • The audit team meeting and meetings with the client’s management
  • Can the client’s internal controls help?
  • Materiality
  • The role and use of directional testing
  • Using experts and service organisations
  • Analytical review – everything you must do
  • The going concern review
  • Letter of representation
  • The closedown process
  • ISQC1 and IES8
  • Accounting estimates
Course type
Audit