Top ten findings from audit file reviews
AAT Masterclass
Prepare for your audit and improve the quality of your financial reporting during this unmissable masterclass.
Course Type
Video on demand
Length
1 - 3 hours
What you’ll achieve
Attending this masterclass will give you an understanding of what challenges auditors most commonly face and therefore, what they may focus on in upcoming audits. By understanding this, you can make sure you’re better prepared for the audit process and action improvements in your financial reporting.
About this course
Wouldn’t it be useful if you knew the areas that your auditor was likely to challenge you on in your next audit? To be pre-prepared for the questions they might ask?
This masterclass takes you through the most common or significant findings from recent audit file reviews helping you to identify whether these issues need to be addressed by your company or clients. Not only will this help you prepare for your audit, but it can also improve the quality of your financial reporting.
This is a must attend training for preparers of financial statements, whether within an internal reporting function or as an accounting service provider and is especially useful for those entities that are subject to audit, although the lessons to be learned may also apply to non-audited entities wishing to improve their financial reporting. It will also be useful to those working within external audit, to consider areas where they may need to make improvements.
Meet the Speaker(s)
James Charlton
James Charlton
James is an experienced trainer, file reviewer and consultant. He has delivered courses on behalf of various professional accountancy bodies in the UK, as well as providing in-house training for accounting and audit firms. His specialisms are financial reporting (both UK GAAP and IFRS), audit and he has a particular interest in the charity sector. In addition to training, James undertakes both cold and hot file reviews for audit practices, ranging from single partner to UK Top 50 firms.
James previously worked as an Audit Technical Manager at a UK top 10 firm, providing financial reporting and audit technical advice to the audit and accountancy departments, writing and reviewing technical materials for the practice, and performing engagement quality control reviews on audit files.
Read moreOverview
Video on demand |
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1 - 3 hours |
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Auditing |
Syllabus
James Charlton helms this training as an experienced audit file reviewer, who has seen firsthand the challenges that audit teams face in obtaining assurance that financial statements are true and fair.
The programme will cover the 10 most common or significant findings from audit file reviews, including technical accounting and practical issues, including (but not limited to):
- revenue recognition
- accounting estimates and valuations
- documenting of systems and controls.
How to access
Once purchased you'll be able to access the AAT Learning Portal where you'll have 12 months from the date to access the learning materials. AAT Learning Portal allows you to view all the courses you've purchased in one place, monitor your latest training activity and create goals to help you achieve your training aims.
Meet the sponsor: Xero
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