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Courses/Audit & Assurance/Internal Audit

Financial Statement Auditing Principles

In this multi-part course, we are going to learn how public accountants plan and execute an audit.

Created byBlair Cook Jennifer Nicholsonworkspace_premium
4.6
(119 reviews)
BeginnerUpdated Aug 2, 2022
Financial Statement Auditing Principles

What You'll Learn

check_circleTo discover the purpose and nature of a financial statement audit
check_circleTo identify the players in the auditing industry
check_circleTo recognize ethical considerations in auditing
check_circleTo identify different forms of auditor’s reports
check_circleTo discover the three phases of the audit process: planning, execution, and completion
check_circleTo Identify management assertions
check_circleTo discover the various forms of audit evidence
check_circleTo identify different types of manual and electronic internal controls
check_circleTo identify different types of fraud risks and controls
check_circleTo discover approaches for assessing control risk
check_circleTo discover testing approaches for internal controls
check_circleTo identify approaches to auditing for fraud
check_circleTo describe substantive audit procedures

About This Course

Master the fundamental principles of Financial Statement Auditing in this comprehensive course. Designed for aspiring and practicing public accountants, this course delves into the intricate process of planning and executing an audit to express an opinion on the fairness of financial information. You will gain a deep understanding of why financial statement audits are crucial for businesses and stakeholders.

Through engaging content and practical applications, you will learn to:

  • Understand the regulatory and ethical frameworks governing audits.
  • Grasp the various stages of an audit, from engagement acceptance to report issuance.
  • Develop skills in assessing and responding to audit risk.
  • Identify and apply appropriate audit procedures for different financial statement accounts.
  • Interpret and communicate audit findings effectively.

By the end of this course, you will be equipped with the essential knowledge and skills required to confidently navigate the complexities of financial statement auditing, ensuring accuracy and reliability in financial reporting.

Your Instructor

Blair Cook Jennifer Nicholson
Blair Cook Jennifer Nicholson

CPA, CA Leadership

menu_book55 courses
star5,482 reviews

Blair is a seven-time CFO, a director, and an educator at Executive Finance Partners - a professional development and executive coaching firm for financial professionals and executives. He also serves as a corporate director and audit committee chair of publicly listed companies: Terravest Industries and Clarke Inc. He is also the Board Treasurer of the Devour Food & Film Festival and serves on various committees of CPA Nova Scotia. Blair is the author of The Illiterate Executive: An Executive’s Handbook for Mastering Financial Acumen.

Credit Information

What Students Are Saying

4.6
Student's Choice
119 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.