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Event:
Continuous Management Development
Theme:
Financial Management Governance
Topic
AUDITING: Types, Tools, Techniques and Emerging Trends
2: Objectives of Audit A. Detection and Prevention of errors and mistakes B. Detection and prevention of Fraud C. Moral check D. Expression of an independent opinion
3: Audit Procedures
A. Traditional Approach: Routine check Vouching Verification Audit Report B. Modern Approach: Examining the Accounting System Purview of Internal Control Sampling: Routine check Vouching Verification Audit Review Report
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4: Types of Audit
a. b. c. d. e. f. a. b. c. First Set Internal Audit External Audit Management Audit Cost Audit Performance Audit Computer Audit Second Set Interim Audit Continuous Audit Final Audit
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6: Liabilities of an Auditor
a. b. c. d. e. f. g. For negligence For Misfeasance Criminal Libel Honorary Appointment Dual Appointment Third Party
8: Future Trends
a. b. c. d. Corporate Governance Audit Committee Role Quality Dimensions Users Expectations
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