The British Academy for Training and Development offers this training program titled "Modern Strategies in Auditing and Financial Control in Accordance with International Standards of Auditing ISA", designed to equip participants with the latest concepts and methodologies in financial auditing, aligned with internationally recognized standards.

With the evolution of financial practices and the increasing complexity of organizational environments, the role of the auditor is no longer limited to detecting errors but has become a strategic partner in enhancing control systems and governance. Modern auditing methodologies rely on continuous risk assessment, strategic analysis of financial data, and full compliance with International Auditing Standards (ISA).

This program is structured to provide participants with in-depth knowledge of ISA applications, modern auditing tools and techniques, and guidance on developing control programs that adhere to best international practices.

Who Should Attend?

• Staff of internal and external audit departments.

• Chartered accountants and financial auditors.

• Financial control and auditing officers in public and private institutions.

• Professionals working in governance, risk management, and compliance fields.

Knowledge and Benefits:

After completing the program, participants will be able to master the following:

• Enhance understanding of ISA standards and their practical applications.

• Develop modern skills for assessing financial and control risks.

• Enable participants to prepare and implement effective audit programs.

• Improve the ability to detect errors and irregularities and analyze their causes.

• Support the establishment of strong internal control systems compliant with international standards.

• Introduction to International Standards of Auditing (ISA)

  • Definition and importance of ISA in the financial environment

  • Scope of application and accrediting bodies

  • Relationship between international standards and local regulations

• Fundamental Principles of the Auditing Profession

  • Objectivity, independence, and confidentiality

  • Professional competence and due diligence

  • Ethical conduct in the workplace

• The Integrated Audit Cycle

  • Audit stages from planning to reporting

  • Relationship between auditor and client

  • Tools for evidence collection and verification

• Audit Planning

  • Analysis of internal and external environments

  • Setting objectives and defining the time frame

  • Selecting appropriate samples and procedures

• Risk Assessment and Internal Control

  • Understanding and documenting internal control systems

  • Identifying potential weaknesses and deficiencies

  • Methods for evaluating financial risks

• Risk-Based Auditing

  • Applying risk-based auditing methodologies

  • Prioritizing audit procedures according to risk level

  • Allocating resources based on risk assessment

• Fieldwork Procedures in Auditing

  • Conducting detailed data examination

  • Verifying accounting processes and entries

  • Comparing results against standards and policies

• Evidence Collection and Documentation

  • Types of evidence used in auditing

  • Quality and sufficiency standards for evidence

  • Techniques for documenting audit results

• Analysis of Results and Observations

  • Comparing outcomes with expectations

  • Identifying causes of deviations

  • Formulating financial and professional observations

• Audit Report Content and Structure

  • Overall structure of reports according to ISA

  • Types of audit reports and their meanings

  • Drafting findings and concluding remarks

• Recommendations for Control Improvement

  • Providing actionable and practical recommendations

  • Linking recommendations to risk sources

  • Monitoring the implementation of recommendations

• Communication Skills with Stakeholders

  • Presenting the report to senior management

  • Discussing findings with audit and governance committees

  • Managing feedback from stakeholders

• Digital Transformation in Auditing

  • Tools for big data analysis

  • Automating routine audit processes

  • Using artificial intelligence in financial analysis

• Compliance with International Quality Standards

  • Quality requirements in auditing processes

  • Reviewing work to ensure standards compliance

  • Developing sustainable internal audit plans

• Auditing in Complex Risk Environments

  • Understanding technology-related risks

  • Auditing multinational organizations

  • The auditor’s role in crisis management and continuous compliance