Introduction to Audit and Assurance

Started on May 31, 2023


Introduction to Audit and Assurance focuses on developing the auditing skills of accountants and internal auditors in public and private organizations in the Sultanate of Oman. This workshop is the first part of the ‘Audit and Assurance – Staff Development Workshop Series’ and covers the fundamental aspects of audit and assurance.  The workshop is designed to be highly interactive and follows a blended instructional design. A fictional case study is used throughout the training program to acquaint the participants with various stages in the auditing process. This workshop discusses four major themes: Introduction to Audit and Assurance, Audit planning and preliminary engagement activities, audit risk assessment, audit execution and reporting.


Who Should Attend?

This workshop is ideal for individuals in accounting and auditing departments who need to develop their skills and expertise in the audit process.   In essence, it is an opportunity for participants to gain insight into auditing and an organization’s audit process. This program is generic and does not focus on any specific industry or organization. All participants are expected to have a basic understanding of the accounting principles and the relevant guidelines on financial statement reporting.


Learning Objectives:

At the end of the workshop, the participants will be able to;

  • Understand the fundamental concepts in financial statement audit
  • Identify the various audit phases
  • Have a greater understanding of audit risk, test of controls and substantive procedures.
  • Comprehend the relevant guidelines in reporting audit findings.


Course Content:

# Theme Course Content
1 Introduction to Audit and Assurance 1.1   Audit, Assurance and Attestation

1.2   Types of Audit

1.3   Fundamental concepts in financial statement audit

1.4   The Audit Process

2 Audit planning 2.1   Client acceptance & preliminary engagement activities

2.2   Planning the audit

2.3   Planning materiality, analytics & significant accounts

2.4   Understand and evaluate internal control systems.

3 Audit risk assessment 3.1   Types of audit risk

3.2   Risk Assessment

3.3   Developing Audit Strategy

4 Audit Execution and Reporting 4.1   Audit Execution

4.2   Test of Controls & Substantive procedures

4.3   Perform general audit procedures

4.4   Evaluate audit differences

4.5   Formulate opinion



Workshop Overview: 

Total contact hours 40 Hours
Mode Blended design




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