Enroll Course: https://www.udemy.com/course/financial-statements-audit-planning/
In the complex world of finance, a thorough and well-executed audit is paramount. Whether you’re an aspiring auditor, a seasoned professional looking to sharpen your skills, or a business owner wanting to understand the audit process better, investing in quality training is key. I recently completed the ‘Financial Audit – Risk Assessment Planning Phase’ course on Udemy, presented by Mk, the founder of HAW – How Audit Work, and I’m eager to share my experience.
Mk, with nearly a decade of Big 4 audit experience across the US, UK, Netherlands, and Italy, brings a wealth of practical knowledge to the table. This course is designed to demystify the crucial planning phase of a financial statement audit, and it certainly delivers.
The curriculum is comprehensive, covering essential topics such as understanding the entity and its environment, conducting financial data analytical reviews, and a deep dive into risk assessment. Mk meticulously breaks down the identification of material misstatements, significant accounts, and assertions. The course also delves into assessing accounting procedures, risks by category, and the critical elements of balance sheets and income statements.
A standout feature is the clear explanation of how to determine materiality, performance materiality, and thresholds – concepts that are fundamental to any audit. The course culminates in planning the audit, including strategies for group audits. This structured approach ensures learners grasp the foundational elements before moving to more advanced stages.
What sets this course apart is its practical, real-world focus. Mk doesn’t just present theory; he guides you through the thought process of an experienced auditor. The emphasis on risk assessment is particularly valuable, equipping learners with the tools to identify potential pitfalls early in the audit process. HAW also offers a wide array of other courses, covering everything from specific audit tests for various asset and liability categories to high-level overviews and career insights, including free courses on becoming a top auditor and the lifestyle of auditors.
For anyone looking to enhance their audit planning and risk assessment capabilities, this course is a highly recommended investment. Mk’s expertise and the course’s structured, practical approach make it an invaluable resource for professional development. Don’t miss out on their multi-course promotions – check their contact channels (email, Facebook, LinkedIn, YouTube) for details.
As Mk wisely advises, ‘Just focus, learn & do it!’
Enroll Course: https://www.udemy.com/course/financial-statements-audit-planning/