The Audit and Assurance course provides a comprehensive understanding of the principles and practices of auditing, focusing on the role of auditors in financial reporting and compliance. It covers fundamental topics such as audit planning, risk assessment, internal controls, and the evaluation of financial statements. Students learn about various types of audits, including internal, external, and compliance audits, and the importance of ethical standards and professional skepticism in the auditing process.
The course delves into the methodologies employed in gathering audit evidence, analytical procedures, and the use of technology in auditing. Additionally, it emphasizes the legal and regulatory frameworks governing audits, including International Financial Reporting Standards (IFRS) and Generally Accepted Auditing Standards (GAAS).
- Teacher: bernard gichuhi