Company Audit and Review Engagement in a Budget

🎓 Course Title: Company Audit and Review Engagement in a Budget

Course Headline: Master Internal Audit and Audit Engagements for Financial Managers with Expert Instructor Pramod Kesav!

Course Description:

Whether you're a financial analyst looking to deepen your expertise or an aspiring professional aiming to tackle the audit of small firms or groups, this comprehensive online course, Company Audit and Review Engagement in a Budget, is designed for All Levels. Financial managers who seek to assume additional responsibilities related to auditing will find this course particularly valuable.

🔍 Key Learning Areas:

• Annual and Interim Audits: Learn how auditors perform essential audit engagements, including Annual Audit, Balance Sheet Audit, Interim Audit, and Continuous Audit of Financial Statements.
• Division of Work: Understand how to efficiently divide tasks among team members to ensure a thorough and effective audit process.
• Audit Programmes: Gain insights into the development and use of a general Audit Programme for systematic auditing.
• Audit Notebooks and Working Papers: Familiarize yourself with the organization and documentation processes in Audit Working Papers, including Permanent and Current Audit Files.
• Internal Checks and Internal Audit: Explore the role of internal checks within the audit framework, as well as the functions and importance of an Internal Audit.

🚀 Advanced Financial Statement Analysis:

• Verification and Valuation Techniques: Discover methods for verifying and valuating current assets, liabilities, depreciation, reserves, and provisions.
• Current Assets and Liabilities: Dive deep into Cash-in-hand, Cash at Bank, Bills Receivables, Trade Creditors, Loans and Advances, Interest, Long Term Liabilities, and Contingent Liabilities.
• Depreciation Management: Understand different methods of providing depreciation and their classifications within the audit context.
• Reserves and Provisions: Learn about Capital Reserve, Revenue Reserve, General Reserve, Reserve Fund, Secret Reserve, and how they are managed within an organization's financial structure.
• Capital vs. Revenue: Distinguish between Revenue Expenditure, Deferred Revenue Expenditure, Capital Receipts, Revenue Receipts, and their implications for financial statement analysis.

📊 Detailed Coverage of Financial Statements:

• Analysis of Financial Statements: Acquire the skills to analyze and understand the financial statements in detail.
• Professional Expertise: Enhance your professional expertise by learning about internal audit techniques, controls, and compliance checks.

By the end of this course, you'll have a solid understanding of how to approach and conduct an internal audit with precision and confidence. You'll also be equipped with the practical skills needed to perform effective financial audits that adhere to industry standards and best practices.

Join us and transform your approach to company audits and review engagements with this invaluable course taught by the seasoned expert, Pramod Kesav! 🎓