Audit & Assurance **
Risk Reward is an ACA Official Training Provider
Based on the Assurance syllabus published by
The Institute of Chartered Accountants in England and Wales (ICAEW)
Assurance for Professional Stage Knowledge Level
Course Description
This 5-day intensive training course is designed for those not qualified but actively involved in financial functions within banks and companies to ensure that they have a sound understanding of the techniques of preparing financial information for the management of a business.
Learning Objectives
The aim of the Assurance module is ensure that delegates understand the assurance process and fundamental principles of ethics and are able to contribute to the assessment of internal controls and gathering of evidence on an assurance engagement.
Participating in this course will take away a sound understanding of
- The concept, process and need for assurance
- Internal controls
- Gathering evidence on an assurance engagement
- Professional ethics
Following completion of this training course an International Certificate in Audit & Assurance will be issued by the ACA Official Training Provider to the delegate by post.
Who Should Attend?
- Non-qualified accountants & finance functions in banks and companies
- Anyone who wishes to learn the essential elements of financial management
- New market entrants
- University graduates
Methodology
Classroom teaching using power-point slides and study workbooks as published by the ICAEW are supplemented by the expertise, experience and know-how of the qualified accounting trainer.
Knowledge pre-requisites
While functional numeracy and a basic understanding of how businesses operate are an advantage there are no formal pre-requisites.
Course Highlights
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Concept of and need for assurance
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Internal audit
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Process of assurance: obtaining an engagement
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Documentation
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Process of assurance: planning the assignment
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Evidence and sampling
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Process of assurance: evidence and reporting
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Management representations
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Introduction to internal control
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Substantive procedures – key financial statement figures
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Revenue system
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Codes of professional ethics
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Purchases system
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Integrity, objectivity and independence
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Employee costs
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Confidentiality
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