Basic Concepts of Auditing

7 topics

1. Nature, Scope, Objectives and Significance of Auditing
2. Brief Introduction to Auditing Standards
3. Audit Engagement, Audit Program, Audit Documentations, Audit Evidence, Audit Note Book
4. Audit Risk, Assessment of Audit Risk, Internal Control, Internal Check, Internal Audit - Industry Specific
5. Interplay between Internal Audit and Statutory Audit, Risk Based Internal Audit, Internal Financial Control and Internal Control over Financial Reporting
6. Audit Sampling, Audit Techniques and Analytical Procedure (Including Scrutiny of Trial Balance and Grouping Schedules)
7. Application of Technology in Audit and Audit Trail