ACCOUNTING & LEARNING

Auditing & Assurance Academy

Learn auditing by doing the audit of a made-up food wholesaler, Harbourline Foods. Ten modules and 42 lessons following the International Standards on Auditing: assurance and its levels, ethics and independence, acceptance and quality management, materiality and risk, internal control, evidence and assertions, sampling and data analytics, the main audit areas, completion, the auditor’s report, reviews, sustainability assurance and internal audit. Sixteen simulations: set materiality, brief the team on risks, walk through purchasing, test a control, run a monetary-unit sample, hunt for override in a year of journals with Benford’s law, chase confirmations, attend the stock count, test cut-off, stress a going-concern forecast and write the opinion. Practice questions with new figures every time.

Ready to try · Learn auditing by doing the audit of a made-up food wholesaler, Harbourline Foods. Ten modules and 42 lessons following the International Standards on Auditing: assurance and its levels, ethics and independence, acceptance and quality management, materiality and risk, internal control, evidence and assertions, sampling and data analytics, the main audit areas, completion, the auditor’s report, reviews, sustainability assurance and internal audit. Sixteen simulations: set materiality, brief the team on risks, walk through purchasing, test a control, run a monetary-unit sample, hunt for override in a year of journals with Benford’s law, chase confirmations, attend the stock count, test cut-off, stress a going-concern forecast and write the opinion. Practice questions with new figures every time.