This course does not have any stringent entry prerequisites. However, having practical experience will be beneficial in grasping the course material.

 It is intended for anyone keen on expanding their knowledge and staying informed about the latest developments in their profession. 

1. Audit risks
2. Accessing the material errors
3. Benefits of audit risk assessment
4. Audit risk evaluation
5. Differences between risk management and risk assessment in audit planning
6. A conceptual framework for risk-based audit planning
7. Preliminary Engagement Activities
8. Planning and risk assessment procedures
9. Risk Assessment Procedures
10. Understanding the Entity and Its Environment
11. Retrospective Review of Accounting Estimates
12. Assessing Risks and Developing Responses
13. Assess Risks at the Financial Statement Level
14. Develop the Overall Audit Strategy
15. Assess Risks at the Relevant Assertion Level
16. Document the following:
17. Audit planning and control
18. Concepts Of Audit Strategy
19. Determination Of The Audit Strategy (purpose)
20. Audit Plans and Audit Planning Memorandum
21. Familiarisation With The Client’s Business And Organisation
22. The Nature and Significance of Items in the Accounts
23. Preliminary Understanding of the System
24. Documentation of the Audit Strategy
25. Detailed Understanding and Recording of the System
26. Evaluation of Internal Control
27. Audit Evidence
28. Audit Test
29. Test the Operation of Internal Control Procedures
30. Substantive Testing Procedures
31. Other auditing procedures

This course is self-paced and delivered 100% online.

– Once your enrolment is complete, you are given access to our eCampus
– You log in to LMS using an assigned username and password.

The course completion certificate is awarded by London Executive Education UK

Upon successful completion of this course, you will earn an Advanced Professional Certificate in Audit Risk Assessment Planning and Control. This certification serves as a testament to your expertise in advanced audit risk management techniques, enhancing your professional credibility and opening doors to career advancement opportunities in audit, compliance, and risk management roles.