Audit for the daunted: How to make your audit work for you

Course Summary

Audits are a part of life for most accountants and this course is designed to help participants in both the finance sector and industry get through the audit process as smoothly and efficiently as possible. This course will provide participants with valuable pointers and skills to reduce the time spent on the audits process and remove some of the perceived fear of being audited.

This course will include examples specific to both the finance and commercial sector in Guernsey.

Introduction

Do you find your year-end audit(s) stressful and time consuming? Would you like to explore new ways to work more effectively and efficiently with your auditors and further understand why they are doing some of the things they are doing? If so, then this course may be for you.

Topics

The key areas covered by this course are:

  • What is an audit and auditor, and what are auditors trying to achieve
  • The important of planning
  • Provided by Client (PBC )/client deliverable lists
  • Key checks and work to be done while producing the financial statements and before submitting for audit
  • Efficient ways to deal with audit requests and queries
  • Strategies to make sure the audit completion does not slip

Course Benefits

  • Improved audit / client relationship
  • Improve audit efficiency (i.e. time savings)
  • Greater understanding of the audit process and what the auditors are trying to achieve
  • A more relaxed and controlled year-end financial statement and account preparation process
  • Potential to avoid overrun costs from audit firms due to inefficient processes

Tutor Profile

Vicky Le Poidevin is a fellow of the ICAEW with over 15 years’ experience in the finance sector. She trained with a big four firm and spent time in senior roles in both the Fund and Trust sector before joining Offshore in September 2016. Vicky has extensive experience of the audit process which she gained during the 10 years she spent auditing commercial and financial services companies in Guernsey and Cayman. After leaving practice, Vicky has experienced being audited by various audit firms and as a result is able to offer a unique perspective to this training session. Vicky’s previous training experience includes delivering courses for both qualified and unqualified staff at a big four firm, evening classes at a professional training agency and to industry professionals in her role at Offshore.

Course at a Glance

  • Next Start Date: 30 January 2018
  • CPD Points: 4
  • Course Cost: £195.00
  • Course Length: 09.00 – 13.00
  • Location: GTA University Centre, Guernsey
  • Tutor: Victoria Le Poidevin

There are no dates currently available for this course, If you would like to register your interest please complete the form below:

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