Analytical Examination Methods in Internal Audit and Control

Analytical Examination Methods in Internal Audit and Control

 Introducing the concept of analytical examination and clarifying the extent of its difference and superiority over other internal audit procedures, and the development of participants' skills in using this effective method.

Training Target

 Those working in the field of audit and internal control and candidates to work in this field.

Analytical Examination Methods in Internal Audit and Control

Training Details

First day

  • Concepts and objectives of analytical examination:

The concept of analytical examination and the extent of its difference and superiority over other audit procedures.

- The timing of the analytical examination procedures, with an explanation of the best timing for their follow-up

Types of comparisons, their advantages and disadvantages:

Industrial Comparisons

Internal comparisons

the second day

  • Types of analytical examination procedures
  • Procedures that depend on the personal judgment of the auditor.
  • Comparing the planning budget with the actual results
  • Comparing the balances of the current year's accounts with the balances of the same accounts for the previous year

the third day

 

  • Comparing specific account details items with the same account details items for the previous year.
  • Calculating the approximate balance of a specific expense or income using the relationships between the different accounts.
  • Calculating the financial ratios for this year and comparing them with the financial ratios of previous years, as well as the industry ratios, and the appropriate financial ratios for references to be used in giving indicators to the company's management to help it achieve its goals.

 

good day

  • Procedures that depend on mathematical and statistical models.

 Time series models:

- The method of the percentage change in the values ​​of the current period to the values ​​of the previous period.

Graph method.

The third average method.

Weighted average change method.

Weighted moving average method.

Regression models:

Simple regression models.

Multiple regression models.

 

The fifth day

  • Various considerations in choosing dependent and independent variables and how to use them.
  • The appropriate entrance to perform the analytical examination procedures.

Training on applying the previous methods to several practical and realistic cases.

Training Enrollment

Code Venue Start End Price Enroll Now
acc119 sharm elsheikh Nov 05, 2023 Nov 09, 2023 3000 $
acc119 sharm elsheikh Nov 03, 2024 Nov 07, 2024 3000 $

Description

  • Introducing the concept of analytical examination and clarifying the extent of its difference and superiority over other internal audit procedures, and the development of participants' skills in using this effective method.