Auditing Fundamentals

(32 Reviews)

109 Students

Course Overview

Auditing Fundamentals is a beginner-friendly course designed to introduce learners to the principles, practices, and purpose of auditing in the financial and business environment. This course covers both internal and external audit processes, risk assessment, internal controls, audit planning, and reporting procedures. It equips students with the basic knowledge and skills needed to understand the role of auditors and conduct an audit in line with international standards.

Key Features

  • Beginner-level, no prior experience required
  • Includes real-world case studies
  • Industry-aligned curriculum based on ISA (International Standards on Auditing)
  • Self-paced learning with video lessons and reading materials
  • Interactive quizzes and practical assignments
  • Certificate of completion

Learning Outcomes

By the end of this course, learners will be able to:
✅ Understand the core objectives and types of audits
✅ Identify the roles and responsibilities of auditors
✅ Apply basic auditing principles in real-life scenarios
✅ Evaluate internal controls and assess risk
✅ Interpret and prepare standard audit reports
✅ Recognise ethical considerations and professional standards

Who Should Take This Course?

  • Business and finance students
  • Aspiring accountants or auditors
  • Entrepreneurs and small business owners
  • Professionals transitioning into auditing roles
  • Anyone interested in understanding the audit process

Assessment

  • Multiple-choice quizzes after each module
  • Case-based assignments
  • Final assessment (online exam or project submission)
  • Passing score: 70%
  • Certificate issued upon successful completion

Requirements

  • Basic understanding of financial statements recommended
  • Access to a computer or mobile device with internet
  • No formal prerequisites – open to all backgrounds

FAQs

Q: Do I need a background in accounting to take this course?
A: No. The course is designed for beginners and explains auditing concepts from the ground up.

Q: Will I get a certificate?
A: Yes, a digital certificate is awarded upon successful completion of all modules and assessments.

Q: Can I access the course on mobile?
A: Yes, all content is mobile-friendly and accessible from any internet-enabled device.

Q: Is this course accredited?
A: While not accredited by a formal institution, the content aligns with global auditing standards and is industry-relevant.

Course Curriculum

Module 1: Introduction to Auditing

What is Auditing?

Types of Audits

Role of Auditors

Audit Objectives and Scope

Audit Risk & Materiality

Planning the Audit

What is Auditing?

Types and Components of Internal Controls

Testing and Evaluating Controls

Evidence Collection Techniques

Substantive Procedures vs. Control Testing

Sampling Methods

Types of Audit Opinions

Drafting and Reviewing Audit Reports

Audit Documentation

Auditor Independence

Code of Conduct & Confidentiality

Common Ethical Issues in Auditing

Auditing Fundamentals

£25

Certificate

Yes

Unit

20

Quiz

2