The Advanced Financial Auditing Techniques Training Course is aimed at providing a solid educational foundation that prepares participants to become proficient auditors and finance professionals by providing both theoretical knowledge and real-life experience to enhance the participant’s overall understanding of auditing, especially as it pertains to complex organisations and transactions.
Delivered by Imperial Corporate Training Institute. In addition, this training will also define a structured process to enable participants to understand the use of auditing standards and their application to real-life auditing experiences so that auditors and finance professionals can provide accurate, transparent, and reliable financial reporting. This training course is not merely a technical training programme; it is also intended to assist both finance professionals and auditors to understand and apply their technical and accounting expertise with confidence when faced with challenging auditing situations.
Each module will focus on advanced audit planning, risk-based audits, forensic audit techniques, and the application of analytics to audit engagements. Attention will be paid to ensuring that auditors are following the internationally recognised audit standards and that auditors are maintaining their professional ethics and independence throughout the auditing process. Upon completion of this programme, participants will be able to provide high-quality audits, assist with effective governance, and support management in making decisions by providing insightful and well-structured documentation of audit results.
Objectives
By completing the Advanced Financial Auditing Techniques Training Course, participants will be able to:
- Use sophisticated techniques when conducting financial audits of complicated organisations.
- Correctly interpret and implement international audit requirements.
- Prepare and complete an organisation’s audit plan that is based on the amount of risk involved.
- Evaluate the company’s procedures for internal controls and reporting its finances.
- Think critically about the types of tests to conduct during the audit and what evidence to obtain.
- Use statistical and data analysis methods during the audit.
- Identify, evaluate, and respond to potential risks of loss and abnormal behaviour during the audit.
- Improve your ability to make professional decisions that are ethical.
- Prepare audit reports that are complete, accurate, and compliant with applicable regulations.
- Contribute to improved quality of audit and support effective governance within the organisation.
Target Audience
This course is suitable for professionals who already possess foundational auditing knowledge and wish to advance their expertise, including:
- Internal and external auditors
- Senior audit associates and audit supervisors
- Finance managers and financial controllers
- Risk and compliance professionals
- Accounting professionals involved in audit support
- Internal control and governance officers
- Professionals preparing for senior audit roles
- Consultants involved in financial assurance services