Synopsis:
Auditing 101 – Cash & Bank Balances equips you with the essential skills to audit one of the most fundamental areas of the financial statements. You will gain step-by-step guidance on performing substantive audit procedures, from preparing and reviewing bank reconciliations to confirming balances and testing cash transactions. With sample audit working papers and real-world scenarios, this course makes it easy to understand how to apply best practices in your audits.
Through concise, practical videos, you’ll learn how to identify and respond to common issues such as timing differences, unusual reconciling items, and cash cut-off errors. Case studies and practical insights will help you strengthen your audit documentation and sharpen your professional judgment, ensuring your audits of cash and bank balances are both efficient and effective.
The Auditing 101 series is a practical e-learning pathway designed to equip new auditors and finance professionals with the skills to perform high-quality audits of key accounts in the financial statements. Each module provides step-by-step audit procedures, supported by sample working papers, practical insights, and concise video lessons. Covering commonly audited accounts, this series combines technical guidance with real-world case studies.
Check out the other courses in this series:
Auditing 101 - Borrowings
Auditing 101 - Property, Plant & Equipment
Auditing 101 - Related Parties
Auditing 101 - Subsequent Events Review
Auditing 101 - Trade & Other Payables
Intended For:
Most relevant to new auditors and finance professionals who have to perform audits of key accounts in the financial statements.
Competency Mapping:
Learn anytime, anywhere.
