Blair has two decades of experience at all levels of public and private corporations, public practice, and professional development. His experience as a corporate director, chief financial officer, instructional designer, and professional development leader will provide you with insight into finance topics that matter.
He is faculty member at St. Mary's University and the Atlantic School of Chartered Accountants and has been instructing at undergraduate and professional institutions for the past 16 years. He was awarded the Govenor Generals Gold Medal of Canada in the field of accounting. He has designed professional development e-learning programs for the Big 4 firms. Benefit from his engaging presentation style and deep knowledge of the subject matter to further your own financial skills.
In this course we are going to tackle the external audit of financial statements. Public accounting is a wonderful training ground for the new financial professional that can prepare you for any number of careers in finance. By the end of this course, you should be able to talk the talk and walk the walk of an auditor.
This course is specifically designed for an elearning format.
There is a simulation for this course which is located at www.financelearningacademy/simulation
The players in the auditing profession
Ethics and Rules of Professional Conduct
Unqualified audit reports
Qualified audit reports
The audit process.
Audit Risk Model
Client Risk Profile
Describing an internal control.
COSO Integrated Control Framework
Assessing Control Risk.
Testing Internal Controls.
Small business assurance engagements including review and compiliation engagements.
Audit planning approach.
Auditing the sales cycle, documenting and assessing control risk.
How to perform substantive procedures.
Discussion of the most common types of fraud schemes.
The fraud triangle explains how and why fraud happens.
Time to learn what to do to prevent and detect fraud.
How auditor's conduct the external audit with fraud in mind.
And finally, putting a tidy little bow on the audit.