Audit Planning Course
This course equips you with essential skills for audit planning in manufacturing. You will learn to determine materiality levels, evaluate inherent and control risks swiftly, create focused audit strategies with precise sampling and timing, perform targeted tests on critical areas like revenue, inventory, and ERP systems, and connect significant accounts to financial assertions, ensuring efficient, high-quality audits that deliver reliable results and stronger client engagements.

from 4 to 360h flexible workload
certificate valid in your country
What will I learn?
Gain a practical guide to crafting effective, risk-based audits for manufacturing firms. Master risk assessment for inherent and control areas, materiality setting, sampling methods, key accounts and assertions identification, plus custom strategies tying risks to tests in IT, ERP, inventory, revenue, payroll, and fixed assets for solid audit outcomes.
Elevify advantages
Develop skills
- Set audit materiality by establishing clear benchmarks, thresholds, and overall scope effectively.
- Assess audit risks by pinpointing inherent and control risks in major business cycles quickly.
- Design tailored audit strategies focusing tests, sampling, and timing on high-risk zones.
- Test controls and substantive details with targeted procedures for revenue, inventory, and ERP.
- Map financial assertions by linking key accounts to pertinent statement assertions accurately.
Suggested summary
Before starting, you can change the chapters and workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
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