COURSE DESCRIPTIONS 

The course covers the core techniques, procedures and practices of audit and assurance auditing in relation the practical audit work involved and concluding the audit. It also gives insight on other engagements performed by auditors. 

COURSE OBJECTIVES

The course is designed to enable students:

1. To design audit procedures relevant to audit scenarios.

2. To master the principles behind auditing specific balances in the Statement of Financial Position.

3. To understand the differences between the audit of non-specialised entities and other entities, such as specialised entities or not-for-profit entities.

4. To understand the concept of going concern and factual insolvency and be aware of procedures relating to these in drawing conclusions on audit maters. Students are also expected to understand current topical issues like anti-money laundering schemes and the Auditors role in that area.

5. To understand when an auditor may rely on the work of others as part of the audit.

6. To understand sundry topics and their relevance to audit

7. To understand the types of reports, contents of reports and know when the report should be modified after considering the effects of various factors.

8. To appreciate other engagements performed by auditors.