Overall Course Goal
To equip participants with the skills, tools, and certification needed to conduct professional external audits, comply with international and local standards, and deliver quality audit reports for public, private, and non-profit entities.
Learning Objectives
Participants will:
- Understand statutory and regulatory requirements governing external audits
- Apply International Standards on Auditing (ISA) and local regulations (e.g., Kenya’s Companies Act, PFM Act)
- Plan and execute audit engagements
- Analyze financial statements and perform substantive audit procedures
- Communicate audit findings in a professional and ethical manner
- Apply industry-specific audit techniques and respond to audit-related penalties and risks
Modules
Module 1: Fundamentals of External Auditing
Module 2: Audit Planning, Engagement, and Risk Assessment
Module 3: Understanding Internal Controls and Control Testing
Module 4: Substantive Audit Procedures and Analytical Review
Module 5: Audit of Financial Statements and Finalization
Module 6: Audit Ethics, Independence, and Quality Control
Module 7: Industry-Specific External Audits
Module 8: Tax Audit, Regulatory Penalties, and Forensic Considerations
Module 9: Technology, Audit Tools, and Digital Auditing
Module 10: Case Studies, Exam, and Certification
