Course Detail()

Equipment & System Setup
To optimize the learning experience, all participants are required to be equipped with working laptop and cable, with Microsoft excel 2016 or later installed for the course.

Programme Objective

The objective of this 1-day course is to provide guidance to the participants in adopting data analytics in the audit of financial statements with reference to Audit Guidance Statement, AGS 13.

Upon completion of this course, the participant will be able to:

Understand the principles of AGS 13
Understand the Data Analytics (DA) process
Apply DA in different phases of the audit using commonly available tool(s)
Understand how to document the audit work when adopting DA
Understand the benefits and challenges in adopting DA and how to overcome some of those challenges

Programme Outline

AM Session

Scope of AGS 13
Definition
Types of data analytics
DA in different phases of the audit
Considerations prior to the use of DA
Preparing data for use
5-step approach in using DA in a financial statements audit
Documentation considerations

PM Session

Practical examples in the use of DA in:
- Risk Assessment Process
- Substantive Analytical Procedures
- Test of Details
Benefits of adopting DA
Challenges in adopting DA

Training Methodology
Full day physical lecture style with hands-on application using case studies.

Closing Date for Registration
1 week before programme or until full enrolment

Intended For

Audit professionals & practitioners

Schedule & Fees

Testimonial

Funding

1] NTUC Union Training Assistance Programme (UTAP)
UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members.

NTUC members enjoy 50% *unfunded course fee support for up to $250 each year when you sign up for courses supported under UTAP. NTUC members aged 40 and above can enjoy higher funding support up to $500 per individual each year, capped at 50% of unfunded course fees, for courses attended between 01 April 2024 and 31 March 2025. *This excludes miscellaneous fees such as GST and registration fee etc.

This course is approved for UTAP support for intakes conducted between 02 Oct 2024 – 31 March 2025.

As UTAP is given on calendar year basis, and calculated based on year of training taken, it cannot be accumulated.

Maintained paid-up NTUC membership before course, throughout course duration and at the point of claim and;
Course by training provider must be supported under UTAP and training must commence within the supported period and;
Unfunded course fee must not be fully sponsored by company or other types of funding
Unfunded course fee must be S$20.00 and above, and;
Member must achieve a minimum of 75% attendance for each application and sat for all prescribed examination(s), if any and;
UTAP application must be made within 6 months after course ends.

To submit for UTAP claims, please visit http://skillsupgrade.ntuc.org.sg/. Terms and conditions apply.
Should you have queries on the funding scheme, you can email to UTAP@e2i.com.sg or call NTUC Membership Hotline at 6213-8008

Programme Facilitator(s)

Understand the principles of AGS 13
Understand the Data Analytics (DA) process
Apply DA in different phases of the audit using commonly available tool(s)
Understand how to document the audit work when adopting DA
Understand the benefits and challenges in adopting DA and how to overcome some of those challenges