Description

The module Risks and Current Development in Auditing provide students with a comprehensive overview of the emerging risks and challenges in auditing and the latest developments in response to these challenges. After the successful completion of the course, you will be able to learn about the following;

Define the concept of audit risk and explain its importance in the financial statement audit process.

Identify and discuss the different types of audit risk that auditors should consider when conducting an audit.

Analyze the duties and responsibilities of auditors, including their ethical and legal obligations to stakeholders.

Examine the relationship between accounting and auditing and explain how they work together to ensure financial statement accuracy and reliability.

Describe the concept and phases of financial statement audit, including planning, testing, and reporting.

Evaluate the principles of financial statement audit, discuss how they guide auditors in carrying out their work, identify different technologies used during an audit, and explain their impact on audit effectiveness and efficiency.

The course Risks and Current Development in Auditing provide students with a comprehensive overview of the emerging risks and challenges in auditing and the latest developments in response to these challenges. The course covers the impact of new technologies on auditing, the changing regulatory landscape, and the evolving role of auditors in corporate governance. Students will understand risk assessment and management deeply and learn how to navigate complex audit environments with professionalism and integrity. Through case studies and practical exercises, students will develop critical thinking skills and enhance their ability to identify and address emerging risks and challenges in the auditing profession.

The course aims to provide the learner with auditing. As auditing continues to evolve alongside technological advancements and new risk factors, staying informed on current developments is crucial for professionals in the field.

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

Risks and Current Development in Auditing Self-paced pre-recorded learning content on this topic.

Risks and Current Development in Auditing 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

Audit managers

Internal auditors

External auditors

Accounting professionals

Financial analysts

Risk managers

Compliance officers

Business consultants

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 Risks and Current Development in Auditing in London 2024

By Metropolitan School of Business & Management UK

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