Fundamentals in Audit Principles and Practice (Audit)

The course covers an introduction to the nature and purpose of an audit, including the duties and liability of auditors, and the regulation that auditor must adhere to. The syllabus then covers the areas relating to the process of an audit planning and risk assessment, recording and evaluating internal control, as well as test of controls, audit evidence and the use of substantive procedures. The final section deals with audit completion including the auditor’s report.