Performing Tests of Balances Auditing Procedures

Course Description:

This course is essentially a “How to Perform Auditing Procedures” course. The materials will focus on the impact of risk assessment procedures on the design and performance of other substantive procedures for all material account classifications

Learning Objectives:

Upon successful completion of this course, participants will be able to:

• Understand the fundamental concepts in the auditing standards
• Recognize the impact of accounting standards on the design of auditing standards
• Understand the impact of risk assessment procedures on audit strategies
• Learn how to design cost-beneficial evidence mixes
• Be able to effectively link assessed risk of material misstatements to substantive procedures for all account classifications