Financial Analysis Skills for Auditors

Course details

Overview

This course is aimed at internal auditors who have limited knowledge of financial accounting but who want to gain a deeper understanding of financial statements as they relate to financial audits. It helps them learn Financial analysis techniques that will improve the efficiency of their audits and focus on uncovering key risk areas.

Course Outline

- Financial Analysis: The Auditor’s Perspective

- Identifying Key Financial Tools

- Using Financial Analysis for Risk Assessment

- Analyzing Financial Statements: What to Look For

- Sources of Comparison Data

- The Cash Flow Statement

- Financial Analysis and the Impact on Changes in Working Capital

- New Financial Analysis Tools

- Combining Operational and Financial Information for Better Audit Insight