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Planning and Executing a Financial Statement Audit

In this course we learn how public accountants plan and execute an audit.
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676 students
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Platform: Udemy
Video: 1h 8m
Language: English
Next start: On Demand

Table of contents


Many organizations are audited by independent public accountants. The purpose of an audit is to express an opinion on the fairness of presentation of financial information prepared by management. An audit enhances the value of financial information by making it more trustworthy and credible. 
This course covers audit process, evidence, risk models and core audit principles. The course is taught by a long time CFO and finance/accounting leader at companies of many sizes, and he has designed professional development e-learning programs for the Big 4 audit firms.
Although all sections can be taken individually, this is part 2 of a 4 part course.
1. Intro to Financial Statement Audits
2. Planning and Executing a Financial Statement AuditPart 
3. Corporate Internal Controls and Fraud Controls Part
4. Financial Statement Auditing Cycles

You will learn

✓ Discover the three phases of the audit process: planning, execution, and completion.
✓ Identify management assertions.
✓ Discover the various forms of audit evidence.
✓ Discover the audit risk model.
✓ Discover how to assess inherent risk.
✓ Discover how to calculate financial statement materiality.


• No advanced preparation or prerequisites are needed for this course.
• Although all sections can be taken individually, this is part 2 of a 4 part course.

This course is for

• Anyone interested in Finance, Accounting, or related fields.
Condensed and Efficient Courses for Busy Professionals
Illumeo, incorporated in 2009, is revolutionizing the hide-bound world of corporate learning. Illumeo works with corporate professionals and organizations of all sizes to build the skills and capabilities that help everyone be an expert at their job.
Based in Silicon Valley, CA, Illumeo serves thousands of corporations and corporate professionals across Finance, Accounting, Human Resources, Sales and Marketing. The platform offers assessments, industry-benchmarked competency analyses, hundreds of expert-developed courses, collaborative tools, and the ability for companies to self-publish internal courses that promote institutional knowledge retention and dissemination.
Illumeo is the place for expertise management and we are dedicated to the proposition that everyone can be an expert at their job.
Browse all courses by on Coursemarks.
Platform: Udemy
Video: 1h 8m
Language: English
Next start: On Demand

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