Cga Au2
Course Schedule
Course Modules
Review and Practice
Exam Preparation
Resources
Introduction to Advanced External Auditing
Course description and purpose
Advanced External Auditing [AU2] is the second of three courses in the auditing stream in the CGA Program of Professional Studies. AU2 elaborates on the concepts and procedures of external auditing introduced in External Auditing [AU1] or an equivalent course. AU2 also introduces you to some of the changes that the auditing profession is facing and the reasons for these changes. A combination of AU1 and AU2 provides a solid academic foundation for auditing within the practice of public accounting in Canada.
As with AU1 , the emphasis in this course is on the external audit as opposed to the management or internal audit. The latter is dealt with in Internal Auditing & Controls [MU1] . The primary objective of an external auditor is to render an opinion on the fair presentation of the financial statements, whereas a management auditor is primarily concerned with the risk management, internal controls, and governance processes of the organization. Regardless of these differences, many of the procedures, standards, and strategies are common to both types of audits. The CGA Program of Professional Studies is designed to help you develop the competencies that are essential to a professional accountant. In AU2 , which focuses on external auditing and assurance engagements, you develop and strengthen competencies related to determining whether to accept an assurance engagement; evaluating the assurance needs of clients; planning and performing the engagement; and interpreting, documenting, and reporting the results. You also develop competencies related to evaluating and advising on accounting policies and procedures, in accordance with professional standards. Course work focuses on tasks such as identifying and analyzing risk factors and measures to mitigate risk using technological tools in the workplace
Course Modules
Review and Practice
Exam Preparation
Resources
Introduction to Advanced External Auditing
Course description and purpose
Advanced External Auditing [AU2] is the second of three courses in the auditing stream in the CGA Program of Professional Studies. AU2 elaborates on the concepts and procedures of external auditing introduced in External Auditing [AU1] or an equivalent course. AU2 also introduces you to some of the changes that the auditing profession is facing and the reasons for these changes. A combination of AU1 and AU2 provides a solid academic foundation for auditing within the practice of public accounting in Canada.
As with AU1 , the emphasis in this course is on the external audit as opposed to the management or internal audit. The latter is dealt with in Internal Auditing & Controls [MU1] . The primary objective of an external auditor is to render an opinion on the fair presentation of the financial statements, whereas a management auditor is primarily concerned with the risk management, internal controls, and governance processes of the organization. Regardless of these differences, many of the procedures, standards, and strategies are common to both types of audits. The CGA Program of Professional Studies is designed to help you develop the competencies that are essential to a professional accountant. In AU2 , which focuses on external auditing and assurance engagements, you develop and strengthen competencies related to determining whether to accept an assurance engagement; evaluating the assurance needs of clients; planning and performing the engagement; and interpreting, documenting, and reporting the results. You also develop competencies related to evaluating and advising on accounting policies and procedures, in accordance with professional standards. Course work focuses on tasks such as identifying and analyzing risk factors and measures to mitigate risk using technological tools in the workplace