1. Home
  2. Professional
  3. Accounting, Finance and Banking
  4. Audit

Modern Approaches in Internal Auditing

by Golden Masters for Training & Consultancy

This course studies all the extant International Auditing Standards, explains the terminology and logic for their existence in organizations.

AED 17000

Contact the Institutes

Fill this form
Golden Masters for Training & Consultancy Logo

img Duration

5 days

Course Details

International Auditing Standards exist to bring the quality of auditing to its highest level wherever the audit is performed.

This course studies all the extant International Auditing Standards, explains the terminology and logic for their existence in organizations.

Guidance is given on how the standards may be applied in practice.

If you are at all involved in the audit process then you need to be aware of what best practice is and how to apply it in organization’s career. 

Course Objective 
 
- Understand the need for consistent high standards.

- Be aware of international practice development.

- Improve audit planning.

- Know why standards exist.

- Understand the logic behind standards.

- Understand what the "jargon" means.

- Learn how to apply the standards.

- Be able to identify cases of non-application.

- Improve report writing.

- How to conclude the audit.

OUTLINE:

Day1: Introduction

- Assurance Engagements

- Framework of International Standers Organization.

- Objective and General Principles Governing an Audit of Financial Statements

- Terms of Audit Engagements

- Quality Control for Audit Work

 Day2: Documentation and audit files

- Documentation

- The Auditor's Responsibility to Consider Fraud and Error in an Audit of organizations departments (Quality Assurance)

- Fraud and Error

- Consideration of Laws and Regulations in an Audit of Financial Statements

- Communications of Audit Matters with Those Charged with Authority

- Management Representations

- Using the Work of another Auditor

- Considering the Work of Internal Auditing

- Using the Work of an Expert

 Day3: Audit Planning

- Planning

- Knowledge of the Business

- Audit Materiality

- Risk Assessments and Internal Control

- Auditing in a Computer Information Systems Environment

- Audit Considerations Relating to Entities Using Service Organizations

- Audit of Occupational Health and Safety.

- Audit of quality control and quality assurance.

 Day 4: Audit Evidence

- Audit Evidence

- Audit Evidence-Additional Considerations for Specific Items

- External Confirmations

- Initial Engagements - Opening Balances

- Analytical Procedures

- Audit Sampling and other Selective Testing Procedures

- Audit of Accounting Estimates

 Day 5: Audit Completion and Disclosure Issues

- Related Parties

- Subsequent Events

- Going Concerns

- The Auditor's Report on Financial Statements

- Comparatives

- Writing audits reports and final outcomes

- Recommendations and follow up procedures

- Other information in documents containing Audited Financial statements

Masters Training Company was established in response to the growing need for quality training to support the business community within your Company, Department or Organization by providing a high standard of Training Programs, Courses, Seminars, Workshops and Consultancy Services to employees in a very competitive business environment. 

 
Following the latest trends and ideas in Technology and Management techniques, and with its in-depth knowledge of the business environment, Masters Training Company is able to meet the special requirements of both local and international business throughout the Middle East. Masters Training & Consulting is an independent multinational firm with more than 25 years of experience in helping regional organizations develop their human capital in all fields of management. 
 
Since 1990, we have been entrusted by our clients to provide the most reliable training and consulting products and services in the region. Our innovative and diversified range of training programs and consulting services are designed and delivered by an ever-growing team of full time multilingual consultants experienced in providing solutions relevant to this part of the world and applicable to today’s business challenges.
 
We pride ourselves on our track record in this regard and on our long-standing relationships with our clients, many of whom have been with us since we started business. 
 
 
Our public training programs have attracted more than 300,000 participants from almost 3,000 organizations many of whom also entrust us with their needs for bespoke in-company programs. Our client base is steadily growing and so is our commitment to remain the regional leaders in the fields of training and consulting.

Masters is also an approved vendor from KHDA & ILM

View Detailed Profile

  • Sheikh Zayed Road Branch

    Kherbash Tower, Office # 1803 & 1804, Sheikh Zayed Road, Dubai

2 Reviews

  • 0

    (Institute Review)

    55 years ago

    0

  • (Institute Review)

    55 years ago

Submit Your Course Review (For Enrolled Students Only)

This form is for submitting course reviews only. If you have questions about the course, please use the Ask Us? form.

Check out more Audit courses in UAE

LEORON Institute Logo

Masterclass in Internal Audit

The IIA’s CIA Learning System Program is designed to expand your internal audit knowledge, build confidence for addressing today’s internal audit challenges, and prepare you for the Certified Internal Auditor (CIA) exam. The program, consisting of three courses, utilizes The Institute of Intern...

by LEORON Institute
read more course details
Kings Global Career Academy Logo

Computer Assisted Audit Techniques (CAAT)

This training lists and highlights the effectiveness and efficiencies offered by CAATs for internal audit functions. You will learn about different requirements for building a CAATs competency within the internal audit department.

by Kings Global Career Academy
  • Price
  • Start Date
  • Duration
read more course details
Global Business Advisors (Corporate Training Providers) Logo

Internal Auditing (Requirement and Implementation)

Develop and enhance your internal auditing knowledge and skills to be able to plan and perform an effective audit along with proper reporting techniques and understanding of necessary actions. 

by Global Business Advisors (Corporate Training Providers)
  • Price
  • Start Date
  • Duration
read more course details
Global Business Advisors (Corporate Training Providers) Logo

Internal Control and Auditing

Learn everything you need to know about Auditing and Internal Control Management with the help of this training where you will gain the skills to have a good Internal Management process. 

by Global Business Advisors (Corporate Training Providers)
  • Price
  • Start Date
  • Duration
read more course details
Accountants And Auditors Association Logo

Risk Based Auditing

This course is for managers that are interested in the benefits of risk management and how it is aligned with corporate strategy. The course provides a credible certificate on completion.

by Accountants And Auditors Association
  • Price
  • Start Date
  • Duration
read more course details
Show Me All Similar Courses

About Coursetakers.ae

Coursetakers.ae is more than a decade old course aggregator and Online course platform that helps students find courses and compare course prices from Training providers in the UAE, by just submitting their inquiry through the website. Coursetakers also helps Institutes, Universities and Online Instructors market their courses, gain leads and get more students to enroll into their courses.

  • Instagram
  • Facebook
  • Twitter

Courses

Quick Links

© 2025 www.coursetakers.ae All Rights Reserved. Terms and Conditions of use | Privacy Policy

Ask Us?