Study Guide

Objective

You know how to determine when a performance audit or statutory audit is mandatory for different types of companies and organizations.
You know how to explain the steps of the audit process.
You are familiar with and know how to prepare audit documents, including the audit plan, notes on audit findings, and various audit reports.
You know how to define the differences between external auditing and internal auditing in companies and organizations.

Content

When is a performance audit or statutory audit mandatory for different types of companies and organizations?
What are the steps in the audit process?
How are audit documents prepared, such as the audit plan, notes on audit findings, and various audit reports?
How does internal auditing in companies and organizations differ from statutory auditing?

Qualifications

Completion of the From Bookkeeping to Financial Statements course is required.