Financial auditing is key for an organization and its earnings, as it boosts its productivity. Conducting financial internal audits on a regular basis allows the organization to identify some aspects of the business units that have to be addressed. The results of the internal audit will also determine whether the company’s financial statements are accurate, complete, and compliant with the established regulations, which is critical for the organization to avoid fines if publicly traded.
In this course, participants will learn how key business processes relate to financial statements, as well as the impact of technology on financial auditing. The course will walk participants through an analysis of an organization’s financial statements using scenarios, where participants will calculate key ratios and analyze trends over time. By engaging in discussions on both historic and current fraud cases, participants will learn how to recognize key “red flags” in financial statement reporting.
