Workshop Objectives  

• Understand the need for consistent high standards
• Be aware of international practice development
• Improve audit planning
• Know why standards exist
• Understand the logic behind standards
• Understand what the "jargon" means
• Learn how to apply the standards
• Be able to identify cases of non-application
• Improve report writing
• How to conclude the audit

Organizational Impact and Personal Impact

• Better planned and directed audits
• Better executed audits
• More efficient audits
• Less expensive audits
• More consistent audits
• Improve your auditing skills
• Understand the skills needed to audit
• Be better at planning the audit
• Be better at managing the audit
• Improve your report writing

Workshop content 

Introduction

• Assurance Engagements
• Framework of ISAs
• Objective and General Principles Governing an Audit of Financial Statements
• Terms of Audit Engagements
• Quality Control for Audit Work

Documentation and audit files

• Documentation
• The Auditor's Responsibility to Consider Fraud and Error in an Audit of Financial Statements
• Fraud and Error
• Consideration of Laws and Regulations in an Audit of Financial Statements
• Communications of Audit Matters with Those Charged with Governance
• Management Representations
• Using the Work of another Auditor
• Considering the Work of Internal Auditing
• Using the Work of an Expert

Audit Planning

• Planning
• Knowledge of the Business
• Audit Materiality
• Risk Assessments and Internal Control
• Auditing in a Computer Information Systems Environment
• Audit Considerations Relating to Entities Using Service Organizations

Audit Evidence

• Audit Evidence
• Audit Evidence-Additional Considerations for Specific Item
• External Confirmations
• Initial Engagements - Opening Balances
• Analytical Procedures
• Audit Sampling and other Selective Testing Procedures
• Audit of Accounting Estimates

Audit Completion and Disclosure Issues

• Related Parties
• Subsequent Events
• Going Concerns
• The Auditor's Report on Financial Statements
• Comparatives
• Other information in documents containing Audited Financial statements

Who can benefit?

•   managers and staff of accounting firms , Directors, managers and staff in internal audit departments

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