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Financial Certification
DURATION : ONE MONTH
DATES : 11TH NOVEMBER TO 10TH DECEMBER 2008
Details
Course Objectives
            • To make the participants understand the concepts of Financial and Certification Audit and also of various regulatory frameworks
• To take participants on a step by step journey through the process of financial and certification Audit and to equip them with the necessary knowledge and skill set to be able to conduct and supervise these audits
• To provide a forum to the participants for sharing their ideas and experience with various experts in this field.
Course Methodology
Lectures, Group discussions, Case studies
Field visit
Course Content
• Auditing concepts in Financial and Certification Audit
• Accounting Standards including IPSAS
• Auditing techniques
• Statistical sampling
• Computer Assisted Audit Techniques
• The regulatory framework
• Understanding the Entity
• Planning for audit
• Supervision and control
• Fieldwork and documentation
• Framing opinion
• Reporting and follow up
• Certification process in an IT environment
• Case studies.
Suggested Framework for Case Study
 A broad framework for the case study could include the following:
            • System and principles of certification audit in the respective SAIs
            •Future plans and guidelines for audit in their Supreme Audit Institutions
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