Our goal is to improve your trainees’ grasp of the concept of auditing, by not only simplifying the various auditing principles but also making auditing practical by performing an-assertion based audit simulation of the line items typically faced by a junior auditor This is a two-day course focused on assisting junior trainees in an audit environment. Less experienced trainees with very little background / auditing knowledge will benefit from this course by going back to basics on the auditing principles relating to: - Where to start as a new auditor – asking for a trial balance, schedules, supporting doc’s - Explaining the audit process, i.e. pre-engagement, execution, finalisation - Simplifying how assertions work - Explanation of audit procedures, i.e. reperformance, inspection, observation, recalculation etc. - Testing a control VS Testing for detail VS Analytical procedures VS External confirmation - What needs to be documented - How materiality and risk affect an audit