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How To Audit Related Party Account Through Substantive Audit Procedures



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Description:

This training seminar which will be presented in a series of videos is designed to teach beginner accountants in public practice, accountants who are interested to practice their profession how to audit receivables through the performance of substantive audit procedures. The training aims to equip beginner financial auditors with the necessary skills and knowledge on the typical substantive audit procedures being performed on the Related party account.


Benefits:

Gained knowledge on what each principal audit objective aims to address when auditing related party and what each principal audit objective is all about.

Gained knowledge on the common risks associated with a related party to support the professional accountant in keeping an appropriate level of professional skepticism relating to the audit of the related party.

Learned how to audit-related party by gaining an understanding of the typical substantive audit procedures performed on the account.

Learned the common issues that some financial auditors come across in auditing-related party in the Philippines, thus, enabling the trainee to address any of these issues when such are encountered in the performance of the audit.
Category
Management
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