Course Overview
The Short course in Financial Auditing is an online professional development course designed to introduce students to the nature and objectives of auditing, auditing standards and auditor’s responsibilities. The Short course in Financial Auditing will also explore professional ethics and auditor independence, the internal control structure and the fundaments of risk management in an auditing context.
Graduates of this course will have gained the essential knowledge required to secure employment in financial, accounting or auditing firms in a support capacity. The Short course in Financial Auditing will also benefit those individuals already working in roles where an understanding of auditing is advantageous, enhancing employment opportunities and work performance.
Topics
- Introduction to auditing
- Auditing, assurance and engagement
- Regulatory frameworks
- Earnings management
- Audit and non-audit services
- Professional ethics and independence
- Auditor’s roles and duties
- Auditor’s legal liability
- Auditing environment
- Auditing financial statements
- Analytic procedures
- Audit planning
- Audit risk, materiality and audit evidence
- Internal control and control risk assessment
- Designing substantive procedures
- Auditing sales and receivables
- Audit Reporting
Assessment
Written assignments(s)
Course Duration
Course duration: Approximately 25 hours. As a guide, short course courses can be completed within 5-10 weeks of part-time study.
Distance Learning access: 2 months ’Distance Learning access, with free extensions available.
