The course is designed for staff with at least two years' audit experience, managers and partners. It explains the audit planning required under the International Standards on Auditing. The audutmn 2019 course will coverAudit ethics
Team discussions – the 4 things you must cover
Client discussions – the 6 things you must cover
The risk assessment
Related parties – have you identified all RPs?
Accounting estimates – addressing the uncertain areas
Internal controls – identifying and using them
How to document and evaluate the client’s systems and contols
Materiality – do you know the main types?
Latest guidance on materiality
How to set and keep to the audit budget
Using analytical review
Do you fully understand the business?
The fraud risk (ISA 240) and what you must cover in planning
Planning the audit
How to carry out the going concern review and subsequent events
How to review the file effectively and deal with audit errors
Communicating issues with the directors and the letter of representation
The audit report