Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
This course equips learners with the essential skills and knowledge needed to plan an effective external audit. Covering both theoretical frameworks and practical applications, it guides participants through risk assessment, audit strategy, documentation standards, and ethical considerations. Through a blend of interactive modules and examples, learners will explore how to identify key risks, structure audit plans, and ensure compliance with international auditing standards. The course also addresses the growing role of technology in audit planning. Whether you're new to auditing or seeking a structured refresher, this course offers a robust foundation for professional audit planning practices.
Unlock learning anytime, anywhere with the Blackboard Learn app
Seamlessly access your on demand courses, assignments, and get PD hours on the go. Learn how to download now and elevate your education experience with the convenience of mobile learning.
Key Takeaways
Upon completion of this course, learners will be able to:
- Understand the Fundamentals of Audit Planning: Describe the role and importance of planning in the audit process; Identify key stakeholders and responsibilities in audit planning; Distinguish between different types of audit risk and their implications.
- Apply International Standards and Regulatory Requirements: Interpret the requirements of relevant ISAs (e.g., ISA 300, 230, 240); Evaluate compliance needs based on corporate law and audit regulations; Identify auditor rights, duties, and professional obligations.
- Conduct Effective Client Engagement and Risk Profiling: Develop pre-engagement procedures including engagement letters and risk assessments; Assess client-specific risks and plan for appropriate audit responses; Determine when to reject or continue an audit engagement based on risk level.
- Develop and Document a Comprehensive Audit Strategy: Create an audit plan addressing scope, timing, and direction of the audit; Calculate and apply materiality and performance materiality thresholds; Organize an audit file that complies with documentation standards.
Who Will Benefit
This course is ideal for junior auditors, accounting professionals, and anyone new to external auditing or seeking a refresher in audit planning. It helps them build a strong foundation in risk assessment, audit strategy, and compliance, enabling more effective and structured audits aligned with international standards.
How to Access the Course
To access your course, visit the CPA Ontario Blackboard site and sign in using the same username and password used for the Registration Portal. You can also access your course through the Blackboard Learn app (iOS or Android).
Important: Course access begins on the date of purchase and remains available for the Access Time specified for the course under Dates and Location. Please review the access time before purchasing. Note that it may take up to 15 minutes after registration for the course to appear in Blackboard.
Registration, cancellation, withdrawal, and other CPA Ontario PD policies can be found here.
Speaker(s)
Learnsignal is a fully online accountancy and finance training provider, partnering with institutes around the world to deliver expert CPD training and help accountants of all levels upskill and grow their careers. With headquarters in Dublin, and a wealth of heritage in the education and accountancy training industry, Learnsignal have quickly become one of the largest Online Training Providers in the world.