Preparing for Your Year End Audit
|"If you can't measure it, you can't manage it"
This workshop helps you to prepare for your year end audit.
We tell you the most commonly asked questions and, by showing you what to include in a year end audit file, we save you time when the auditors arrive.
The course may even help you reduce your audit fees, saving you money too!
The role of the external auditor - what they do and why they do it
Who will benefit?
Financial controls - what they are and how the auditors check these
Preparing your year end audit file; what you need to include
The opening and closing trial balance, audit adjustments & journals
Audit meetings - the planning meeting, the closing meeting
Terminology - what is inherent risk? Materiality? Substantive testing?
Audit fees; how much should you be paying?
Particularly recommended for Management accountants, Accounts supervisors, Purchase ledger supervisors and anyone about to be involved in their first year end audit.
Duration: One day
Preparing for Your Year End Audit is also available as an in-house course.