This is a series of training programmes to address the learning needs of SMPs’ staff who had received the necessary accounting and auditing technical knowledge, but had no practical auditing experience.

The objective of this series of training programmes is to equip the SMP staff with practical audit knowledge and also serve as a useful refresher for those who wish to update their knowledge and maintain their competence in these areas:

• Audit Risk Model, Audit Assertions & Audit Procedures
• Understanding the Entity and its Environment
• Understanding Internal Control
• Audit Planning and Materiality

• Audit of Revenue
• Audit of Receivables
• Audit of Payables
• Audit of Inventories
• Audit of Cash and Bank Balances
• Audit of Property, Plant and Equipment

• Evaluation of Going Concern and Contingent Liabilities
• Subsequent Events and Written Representations

• Types of Audit Reports
• Communication with Those Charged with Governance