Description

Gain a deeper understanding of the modern audit landscape and master the latest techniques and technologies for ensuring accuracy and compliance with "Contemporary Audit Processes and Procedures," the ultimate guide to contemporary auditing.After the successful completion of the course, you will be able to learn about the following;

Explain the concept of a strategic audit and its importance in evaluating an organization's overall performance and effectiveness.

Trace the evolution of strategic audit techniques and describe how they have adapted to changing business environments and industry trends.

Identify key laws and regulations governing the auditing profession, including the Sarbanes-Oxley Act, and explain their impact on audit processes and procedures.

Analyze the reporting requirements for suspected or unidentified noncompliance with laws and regulations, and describe the role of auditors in identifying and addressing such issues.

Define the Generally Accepted Auditing Standards (GAAS) concept and explain how they provide a framework for audit procedures and practices.

Discuss the importance of avoiding conflicts of interest in auditing, including strategies for identifying and managing potential conflicts, and describe the legal and ethical implications of such conflicts.

This course provides an in-depth analysis of strategic auditing and compliance principles and practices. Students will thoroughly understand the evolution of strategic audit techniques, including their adaptation to changing business environments and industry trends. The course also explores the auditing profession's legal and regulatory framework, including the Sarbanes-Oxley Act and other key legislation.

Topics covered in this course include the reporting requirements for noncompliance with laws and regulations, the concept of Generally Accepted Auditing Standards (GAAS), and the importance of avoiding conflicts of interest in auditing. Students will also learn about the concept of professional scepticism and the legal requirements for completing an audit.

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Interacting with Lectures/Learning Components Watch this video to gain further insight.

Contemporary Audit Processes and Procedures Self-paced pre-recorded learning content on this topic.

Contemporary Audit Processes and Procedures Put your knowledge to the test with this quiz. Read each question carefully and choose the response that you feel is correct.

All MSBM courses are accredited by the relevant partners and awarding bodies. Please refer to MSBM accreditation in about us for more details.

There are no strict entry requirements for this course. Work experience will be added advantage to understanding the content of the course.

The certificate is designed to enhance the learner's knowledge in the field. This certificate is for everyone eager to know more and get updated on current ideas in their respective field. We recommend this certificate for the following audience.

CEO, Director, Manager, Supervisor

Internal Auditor

External Auditor

Compliance Officer

Risk Manager

Chief Financial Officer

Accounting Manager

Finance Manager

Business Owner

Operations Manager

Risk and Compliance Consultant

Average Completion Time

2 Weeks

Accreditation

3 CPD Hours

Level

Advanced

Start Time

Anytime

100% Online

Study online with ease.

Unlimited Access

24/7 unlimited access with pre-recorded lectures.

Low Fees

Our fees are low and easy to pay online.

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Professional Certificate Course in Contemporary Audit Processes and Procedures in London 2024

By Metropolitan School of Business & Management UK

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