Risk Based Core Audit Training (CAT)


This is a series of training programmes to address the learning needs of SMPs’ staff who had received the necessary accounting and auditing technical knowledge, but had no practical auditing experience.

The objective of this series of training programmes is to equip the SMP staff with practical audit knowledge and also serve as a useful refresher for those who wish to update their knowledge and maintain their competence in these areas:





MODULE A


AUDIT PLANNING

  • Audit Risk Model, Audit Assertions & Audit Procedures
  • Understanding the Entity and its Environment
  • Understanding Internal Control
  • Audit Planning and Materiality


MODULE B


AUDIT FIELDWORK

  • Audit of Revenue
  • Audit of Receivables
  • Audit of Payables
  • Audit of Inventories
  • Audit of Cash and Bank Balances
  • Audit of Property, Plant and Equipment


MODULE C


AUDIT COMPLETION

  • Evaluation of Going Concern and Contingent Liabilities
  • Subsequent Events and Written Representations


MODULE D


AUDIT REPORTING

  • Types of Audit Reports
  • Communication with Those Charged with Governance

After successful completion of the Core Audit Training Programmes, participants will be able to better understand:

  • The overall audit process and requirements, including audit procedures
  • How to conduct a risk based audit
  • How to perform basic audit procedures and understand what is actually required by the audit programmes and when to seek clarification
  • Provide feedback to senior members/partners of the engagement team on matters relevant to the audit


Previous CAT Sessions

Session Module Date Venue Status
1 A 19-20 Oct 2015 Royce Hotel, Brickfields Completed
B 24-26 Nov 2015 Royce Hotel, Brickfields
C 8 Dec 2015 Bilik Enggang, SSM
D 9 Dec 2015 Bilik Enggang, SSM
2 A 3-4 Feb 2016 Bilik Enggang, SSM Completed
B 8-10 Mar 2016 Bilik Enggang, SSM
C 12 Apr 2016 Bilik Enggang, SSM
D 13 Apr 2016 Bilik Enggang, SSM
3 A 4-5 Aug 2016 Swiss-Inn Johor Bahru Completed
B 19-21 Oct 2016 Swiss-Inn Johor Bahru
C 2 Nov 2016 Swiss-Inn Johor Bahru
D 3 Nov 2016 Swiss-Inn Johor Bahru
4 A 29-30 Aug 2016 MIA Sabah Regional Office Completed
B 5–7 Oct 2016 MIA Sabah Regional Office
C 27 Oct 2016 MIA Sabah Regional Office
D 28 Oct 2016 MIA Sabah Regional Office
5 A 21-22 Mar 2017 Hotel NEO+ Penang Completed
B 3-5 Apr 2017 Sunway Hotel Georgetown Penang
C 18 May 2017 Sunway Hotel Georgetown Penang
D 19 May 2017 Sunway Hotel Georgetown Penang