Audit and Financial Control (5 DAYS INSTRUCTOR-LED COURSE) This course is specifically designed for individuals involved in Financial Planning, Accounting Records, Financial Monitoring, and Internal Control System. This course will ensure that the participants prove to be an invaluable to their respective organizations, possessing important skills in the four areas mentioned above. The course will help them to manage multiple financial management responsibilities more effectively and efficiently. Further, the course services, emphasizes auditing emphasizing financial the auditing standards audit statements of and It will responsibilities of auditors, programs, accumulation internal the statements. and include of assurance and controls audit a processes, of study development audit over financial of of evidence the audit and reporting. Training Objectives By the end of this course, participants would be able to: 1. Develop a thorough understanding of the attest function. 2. Understand Generally Accepted Auditing Standards and the professional and ethical responsibilities of the independent public accountant. 3. Understand risk assessment and its importance in the audit function. 4. Demonstrate the ability to plan and document the planning of the audit including the initial risk assessment, calculation of materiality and preparation of audit programs. 5. Understand the concepts, processes and assessment of internal control. 6. Demonstrate knowledge of the substantiation of balances and collection of audit evidence and preparation of audit work papers. 7. Understand and demonstrate the ability to report the results of the audit. 8. Have knowledge of other attestation and assurance services performed by CPAs as well as other types of services, which independent auditors may or may not perform. 9. Demonstrate the ability to research auditing and accounting issues and respond to current developments and changes in the accounting and auditing profession due to legislation, new pronouncements by regulatory and standard-setting bodies and forces of current events in the business world. 10. Develop an understanding of the ethical decisions than an auditor must make in the conduct of the audit from the client acceptance phase throughout the audit to the reporting process. Special features you won’t get anywhere else Discussions are based on extensive practical experience, not just theory. Engaging interactions characterize the training session from start till the end, keeping everyone hooked to the learning process, and applying what is learned to real-life work situations and circumstances. Collaborative work is assigned for enhance learning and mastery of knowledge and/or skills. 16th Floor Amarin Tower, 496-502 Ploenchit Road, Lumpini, Pathumwan, Bangkok 10330, Thailand Program Structure Day 1 Day 4 Registration, Welcome and Orientation Finance and Investment Cycle Auditing and Assurance Services Completing the Audit Professional Standards Reports on Audited Financial Statements Management of Fraud and Audit Risk Day 5 Day 2 Professional Ethics Engagement Planning Legal Liability Risk Assessment: Internal Control Evaluation Internal, Governmental, and Fraud Audits Employee Fraud and the Audit of Cash Training Evaluation Award Ceremony & Closing Day 3 Revenue and Collection Cycle Acquisition and Expenditure Cycle Production Cycle Trainer Profile (Tentative) Bachelor of Science, Financial Management, Purdue University, USA Master of Arts, Urban Economics, University of Chicago, USA Mr. Jerome Smith has served at the Department of Aviation, City of Chicago, Chicago, Illinois in various positions such as Assistant to Deputy Commissioner, Airfield Operations; Deputy Commissioner, Finance and Administration; Deputy Commissioner, Development Finance; as well as Construction Fund Accountant at Gary Sanitary District, Gary, Indiana and Assistant Director, Finance and Administration at Adelphi Business College, Chicago, Illinois Training Date Tentatively scheduled for September 26 - 30, 2015 Training Venue Bangkok, Thailand Course Fee USD 3,899 Contact for More Details: Mr. Edris Faizi Director for Program Management Asra Consulting Phone: +93 (0) 785 919 369 Email: info@asraconsulting.com 16th Floor Amarin Tower, 496-502 Ploenchit Road, Lumpini, Pathumwan, Bangkok 10330, Thailand