Back to Basics - How To Audit Journals

At the end of the course participants will be reminded of what we need to audit, risk assessment and risk response to journal entries. 

• What are we auditing? 
• ISA (UK) 240 - The Auditor's Responsibilities Relating to Fraud in an Audit of Financial Statements 
• Risk Assessment 
• Audit testing of journals: process, population and selection 
• Audit testing of journals: Sampling, problems and scepticism