This course is designed to orient the students in the application of the audit standards techniques and procedures in the risk-based audit process in specialized industries. Specialized industries includes government agencies (GOCC's & LGU's) , banking, insurance, not for profit entities, cooperative, etc.
The course will cover the stages of the risk-based audit process, namely risk assessment (preliminary engagement activities, planning the audit and performance of the risk assessment procedures) and risk response (designing and tests of controls and substantive test of transactions in the revenue and collection cycle, expenditure cycle and financing and investing cycle. The application of audit procedures in performing substantive tests of transactions and account balances.
- Teacher: LEO TUGAB
- Enrolled students: 91