Explore

Basics of Auditing A Complete Study

10 hours on-demand video

$ 14.99

Save Course

Go to Course

Brief Introduction

Learn the fundamentals of auditing to excel in accounting and auditing career

Description

Are you an Accounting or Finance Professional?

Are you an Accounting or Finance Student planning a career in either of the fields?

Are you a Professional Course Student planning career as Auditor?

Then this course is for you.

Welcome to Basics of Auditing A Complete Study

The basic purpose of Auditing is to confirm the authenticity of Books of Accounts prepared by an accountant.

So, the auditing begins, where the function of an accountant ends.Auditing is done to determine the true and fair picture of accounts examining the books of accounts with supporting documents.

Auditing provides lots of benefits like Verification of Books of Accounts, Independent Opinion, Moral Check, Protection of the Rights and Interests of Share holders, Reliance by Outsiders, Ensures compliance with level requirements & Strengthens Internal Control.

Hence, by taking this course, you will learn

i) Evolution, Meaning, Features, Objectives, Principal aspects, Benefits and Limitations of Auditing

ii) Audit Process

iii) Audit Engagement Terms

iv) Audit Planning

v) Audit Sampling

vi) Audit Working Papers

vii) Auditors Independence

viii) External Confirmation

ix) Verification of Assets

x) Verification of Liabilities

xi) Special Audits covering Educational Institutions, Hospital, Cinema Halls, Charitable Institutions, Club, Hotels, Local Bodies, etc.)

This course is structured in Self paced learning style.

You may find accounting terminologies used in this course. Hence, you should have Basic knowledge of Accounting.

Advanced auditing tools and concepts will be launched as separate courses in the due course.

Requirements

Requirements
Basics of Accounting
Basics of Financial Statements

Recommended for you

Six Sigma: Certified Lean Six Sigma White Belt (Accredited)

Six Sigma White Belt Certification (Accredited) | Lean Six Sigma White, Yellow, Green, Black Training & Certification LEAN SIX SIGMA WHITE BELT CERTIFICATION...

Save Course

The Complete Sketchup & Vray Course for Interior Design

Become an Expert in Modelling, Rendering and Post-Production with Sketchup, Vray and Photoshop in under 7 hours " Loved learning this course and also instant clarification of doubts....

Save Course