Auditing and Assurance Training

This DIXONTECH course delivers comprehensive knowledge and professional practices in Auditing and Assurance based on international standards (ISA, COSO, and IIA). Participants will gain an in-depth understanding of audit planning, evidence gathering, reporting, and assurance engagement processes. The program enhances both technical and analytical skills required to deliver high-quality audits that strengthen governance and accountability.

TRAINING TOPICS

• Principles and Objectives of Auditing
• Types of Audit Engagements
• Internal Control and Risk Assessment
• Evidence Gathering and Audit Sampling
• Analytical Review and Audit Testing
• Audit Documentation and Reporting
• Assurance Frameworks and Standards
• Ethics and Professional Skepticism
• Communication of Audit Findings
• Emerging Trends in Audit Practices

BY THE END OF THIS TRAINING COURSE, DELEGATES WILL BE ABLE TO:

• Apply international audit standards effectively
• Design and execute audit plans efficiently
• Evaluate internal control systems accurately
• Prepare and present audit reports professionally
• Conduct assurance engagements confidently
• Strengthen compliance and governance functions
• Implement risk-based audit techniques
• Enhance audit communication and reporting skills

TRAINING IS TAILORED TO

• Internal and External Auditors
• Audit Managers and Team Leaders
• Compliance and Risk Officers
• Finance and Control Specialists
• Governance Professionals
• Quality and Assurance Managers
• Consultants and Business Advisors
• Accounting Professionals preparing for certifications

TRAINING METHODOLOGY

This program combines interactive discussions, real audit case studies, simulations, and practical workshops. Participants will engage in hands-on exercises using professional audit tools, templates, and risk evaluation techniques. Group projects and feedback sessions reinforce practical understanding and ensure the application of learned skills in real audit environments.

DAY 1

AUDITING FUNDAMENTALS AND FRAMEWORKS

• Evolution and importance of auditing functions
• Types of audits and assurance engagements
• Roles and responsibilities of auditors
• Key principles of audit quality and assurance
• International Standards on Auditing (ISA) overview
• Ethics, independence, and professional conduct
• Understanding audit risk and materiality
• Audit planning and engagement objectives

DAY 2

RISK ASSESSMENT AND INTERNAL CONTROLS

• Internal control systems and COSO framework
• Risk identification and control assessment techniques
• Understanding control deficiencies and reporting
• Documenting control environment and compliance testing
• Control walkthroughs and evidence gathering
• Fraud detection and prevention indicators
• Designing audit tests based on assessed risks
• Developing an effective audit strategy

DAY 3

AUDIT EXECUTION AND EVIDENCE COLLECTION

• Collecting and evaluating sufficient audit evidence
• Sampling methods and analytical procedures
• Testing internal controls and substantive procedures
• Using audit software and digital tools
• Documenting audit work and findings
• Performing analytical reviews and variance analysis
• Evaluating audit documentation for completeness
• Applying professional judgment and skepticism

DAY 4

AUDIT REPORTING AND ASSURANCE ENGAGEMENTS

• Types of audit opinions and assurance levels
• Structure and content of audit reports
• Communicating findings to management and boards
• Handling audit disagreements and disputes
• Follow-up procedures and corrective actions
• Reporting under international assurance standards (ISAE)
• Communicating key audit matters (KAMs)
• Linking assurance work to risk management

DAY 5

ADVANCED AUDIT PRACTICES AND FUTURE TRENDS

• Continuous auditing and automation tools
• Data analytics and digital assurance frameworks
• ESG, sustainability, and non-financial assurance
• Integrating audit with governance functions
• AI-assisted audit intelligence and predictive insights
• Ethical challenges in emerging technologies
• Building auditor resilience and adaptability
• Final case study and certification assessment