Basics of Auditing A Complete Study
Learn the basics of auditing with this comprehensive course. Understand the meaning, benefits, and principal aspects of auditing. Perfect for accounting and finance professionals or students planning a career in these fields. Gain knowledge on audit processes, engagement terms, planning, sampling, and more. Enhance your understanding of auditing and strengthen your internal control. Basic knowledge of accounting is recommended. Advanced auditing tools and concepts will be covered in separate courses. Ideal for accounting/finance professionals and students pursuing CA, CMA, CS, CFA, CPA, or CIMA.
Understand Meaning of AuditUnderstand Principal aspects of AuditUnderstand Benefits of Auditing Are you an Accounting or Finance Professional? Are you an Accounting or Finance Student planning a career in either of the fields? Are you a Professional Course Student planning career as Auditor? Then this course is for you. Welcome to Basics of Auditing A Complete Study The basic purpose of Auditing is to confirm the authenticity of Books of Accounts prepared by an accountant. So, the auditing begins, where the function of an accountant ends.Auditing is done to determine the true and fair picture of accounts examining the books of accounts with supporting documents. Auditing provides lots of benefits like Verification of Books of Accounts, Independent Opinion, Moral Check, Protection of the Rights and Interests of Share holders, Reliance by Outsiders, Ensures compliance with level requirements Strengthens Internal Control. Hence, by taking this course, you will learn i) Evolution, Meaning, Features, Objectives, Principal aspects, Benefits and Limitations of Auditing ii) Audit Processiii) Audit Engagement Termsiv) Audit Planningv) Audit Samplingvi) Audit Working Papersvii) Auditors Independenceviii) External Confirmationix) Verification of Assetsx) Verification of Liabilitiesxi) Special Audits covering Educational Institutions, Hospital, Cinema Halls, Charitable Institutions, Club, Hotels, Local Bodies, etc.)This course is structured in Self paced learning style. You may find accounting terminologies used in this course. Hence, you should have Basic knowledge of Accounting. Advanced auditing tools and concepts will be launched as separate courses in the due course. Who this course is for:Accounting / Finance ProfessionalsAccounting / Finance StudentsCA / CMA / CS / CFA / CPA / CIMA Students
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