The Financial Audit Quality Assurance Training Course is a unique and highly effective training program aimed at establishing greater reliability, consistency, and credibility across all financial audit-related activities. By concentrating on developing a thorough understanding of quality assurance practices, this course will support the establishment of an audit process in accordance with accepted professional standards and organisational requirements. It will provide participants with real life examples of how to implement quality control procedures throughout all aspects of the audit lifecycle from the planning phase to the final reporting and post-audit review phase.
Through a combination of theoretical concepts and the practical application of these principles, this course provides all participants with a comprehensive understanding of audit enhancement by identifying areas for improvement, minimising error risk, and maximising compliance with accepted international auditing standards. The course will also describe how properly functioning quality assurance systems enhance transparency and accountability in audit practice, and foster stakeholder trust in the audit process. The Financial Audit Quality Assurance Training Course is provided by the Imperial Corporate Training Institute, who will also provide professional support to all participants as they develop adequate capabilities for assessing, monitoring, and continuously improving the quality of audits in either internal or external audit settings.
Objectives
By the end of the Financial Audit Quality Assurance Training Course, participants will be able to:
- To comprehend how audit assurance systems function and their respective framework
- To incorporate quality audit control procedures into financial audits
- To assess audit performance via quality measurement criteria
- To implement audit systems’ planning and executing processes with consistency using structured review methods
- To determine the deficiencies present within an audit system and address them appropriately
- To maintain consistent and accurate documentation of audits, as well as to report all results in a timely manner
- To ensure that the processes used within a company for their audits are consistent with both Global standards of audit as well as with quality standards
- To support and improve both professional judgment and ethical reasoning skills as they relate to auditing
- To create an ongoing monitoring and review mechanism for audit quality
- To promote and uphold established practices of auditing within an entity’s governance framework through the delivery of valid and high-quality audits.
Target Audience
This financial audit training course is suitable for professionals involved in auditing, finance, and compliance roles, including:
- Internal and external auditors
- Audit supervisors and audit managers
- Financial controllers and finance managers
- Risk management and compliance officers
- Quality assurance professionals within audit departments
- Accountants involved in audit preparation and review
- Professionals responsible for audit oversight and governance
- Public sector and private sector audit practitioners
- Senior finance professionals seeking audit quality enhancement
- Individuals preparing for advanced roles in financial auditing