AUDITING AND ASSURANCE (AA)

Auditing and Assurance Course – RCM Online College

LEARNING OUTCOMES
A candidate who passes this paper should be able to:
• Demonstrate an understanding of the regulatory framework governing the external audit
of financial statements
• Demonstrate an understanding of International Standards on Auditing where appropriate
and the International Code of Ethics for Professional Accountants (including International
Independence Standards)
• Implement the process of planning an audit, prepare audit programs and effectively
conduct an audit
• Undertake audit risk assessments (excluding group accounts)
• Apply the risk based audit approach to audit of limited companies
• Prepare non – complex audit reports for audit engagements.

Master Auditing and Assurance for a Successful Career in Finance

The Auditing and Assurance Course at RCM Online College is designed to provide learners with in-depth knowledge and practical skills in auditing principles, risk assessment, internal controls, and assurance services. This course is essential for accountants, auditors, finance professionals, and business owners who want to ensure compliance with financial regulations and best practices in auditing.

Course Overview:

The course covers key auditing techniques, including financial statement audits, risk analysis, internal controls, fraud detection, and regulatory compliance. Learners will develop an understanding of audit processes, reporting standards, and the ethical considerations involved in assurance services.

Key Learning Areas:

1. Introduction to Auditing and Assurance

• Purpose and scope of auditing and assurance services
• Difference between internal and external auditing
• The role of an auditor in financial reporting

2. Audit Planning and Risk Assessment

• Understanding audit risks and materiality
• Developing audit plans and procedures
• Identifying and assessing fraud risks

3. Internal Controls and Compliance

• Evaluating internal control systems
• Ensuring compliance with financial regulations
• Identifying weaknesses in internal processes

4. Audit Evidence and Reporting

• Gathering and evaluating audit evidence
• Preparing audit reports and financial statements
• Communicating audit findings to stakeholders

5. Assurance and Regulatory Frameworks

• Understanding IFRS, ISA, and GAAP auditing standards
• Compliance with regulatory and corporate governance
• Conducting ethical and professional auditing practices

6. Fraud Detection and Forensic Auditing

• Detecting financial irregularities and fraud
• Investigating financial misconduct
• Using forensic auditing techniques

Why Choose RCM Online College?

✅ Expert-Led Training – Learn from seasoned auditors and finance professionals
✅ Flexible Learning Options – Self-paced and live online classes available
✅ Practical Approach – Real-world case studies & exercises
✅ Certification – Earn a recognized auditing certificate
✅ Affordable Fees – Cost-effective and high-quality training

Who Should Enroll?

✔ Accounting and finance professionals seeking auditing skills
✔ Business owners who want to ensure financial accuracy
✔ Students preparing for CPA and ACCA auditing exams
✔ Auditors looking to enhance practical auditing techniques

Enroll Today!

Take the next step in your auditing career with RCM Online College! Visit our website, email [email protected], or call +254719525000 to register now! 🚀