Audit Methodologies and Technologies Part 1
Presenters : Lettie Janse van Vuuren CA(SA)
Overview
It is important in today’s rapidly changing financial landscape that every auditing and review professional keeps up with the latest audit methodologies and technologies.
This webinar, the first in a two-part series, will provide an in-depth overview of current practices and tools, followed by a discussion on emerging trends and advanced technologies that are shaping the future of the auditing profession.
Join Lettie Janse van Vuuren CA(SA) as she goes into the practical applications and critical advancements that are changing the audit profession to ensure that all your engagements are accurate, efficient, and compliant.
Learning objectives
Attending this webinar will equip you with the following skills:
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Gain an understanding of each phase of the audit process, from planning and risk assessment to fieldwork, testing, and reporting.
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Differentiate between the different audit approaches, such as risk-based auditing, compliance auditing, and substantive auditing.
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Learn about the different methods for collecting audit evidence, including inspection, observation, inquiry, confirmation, recalculation, and analytical procedures.
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Develop the skills required to design audit procedures tailored to the specific needs and risks of an audit engagement.
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Discover how emerging technologies are transforming the audit profession and learn how to leverage these technologies to enhance audit quality and increase efficiency.
Content
The webinar will cover the following topics:
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Objective of an audit.
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Compliance with the ISAs.
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Different types of audits.
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Steps in the audit process.
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Different types of audit approaches.
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Substantive (analytical review VS tests of detail)
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Tests of control.
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A mix of the above.
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Methods to obtain audit evidence.
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Designing audit procedures.
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Technology and how it is used in auditing.
