Synopsis:
Auditing 101 – Property, Plant & Equipment is designed to help you build confidence in auditing one of the most significant balance sheet areas. You will learn step-by-step how to perform substantive audit procedures on PPE, including verifying additions and disposals, assessing depreciation methods, and testing for impairment. With access to sample audit working papers and practical illustrations, the course provides clear guidance on tackling PPE audits with accuracy and efficiency.
Delivered through short, practical videos, the course explores real-world challenges such as capitalisation vs. expense judgments, revaluation issues, and management estimates for useful lives and residual values. Practical case studies will sharpen your ability to identify risks, document your findings effectively, and apply professional scepticism when auditing PPE.
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 - Cash & Bank Balances
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.
