Build a strong foundation in audit methodology and enhance your understanding of how the Canadian Auditing Standards (CAS) are applied in practice with this comprehensive audit learning bundle. Participants will first refresh their understanding of the key auditing standards that guide auditors through planning, risk assessment, evidence gathering, completion, and reporting. They will then apply these concepts in the context of a simple entity audit, gaining practical insights into common risks, audit procedures, documentation requirements, and professional judgment considerations. Whether you are new to assurance engagements or looking for a refresher on audit fundamentals, this bundle will help strengthen your ability to conduct effective and efficient audits that comply with professional standards.

Courses Include:

• Audits: Review of the Standards
  This course provides a comprehensive review of the Canadian Auditing Standards and their application throughout the audit process. Participants will gain a deeper understanding of the auditor's responsibilities, risk-based auditing principles, audit evidence requirements, documentation, and reporting obligations. The course serves as an excellent refresher for practitioners seeking to reinforce their technical auditing knowledge and stay current with key standards.
   
• Audits: Simple Entity
  Learn how income is identified, categorized, and measured under the Income Tax Act. This course explores the structure of Canadian tax legislation, the relationship between accounting income and taxable income, and the treatment of different forms of business income. Participants will gain practical insight into common inclusions, deductions, statutory limitations, and the reconciliation process from accounting profit to taxable income..
   

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Upon completion of this bundle, learners will gain:

• Understand the purpose and requirements of key Canadian Auditing Standards.
• Apply a risk-based approach to planning and performing audit engagements.
• Identify and assess risks of material misstatement in a simple entity environment.
• Design and execute appropriate audit procedures based on assessed risks.
• Evaluate and document audit evidence to support audit conclusions
• Apply professional skepticism and professional judgment throughout the audit process
• Understand the unique considerations associated with auditing simple entities.
• Strengthen audit documentation, completion, and reporting practices.
• Improve audit quality, consistency, and compliance with professional standards..
• Increase confidence in performing and reviewing audit engagements.