The British Academy for Training and Development offers a course on Accounting Audit and Integrated Financial Planning. According to the American Accounting Association, auditing is defined as a systematic and objective process of obtaining and evaluating evidence regarding facts about economic events and transactions, in order to verify the degree of conformity between those facts and established criteria, and to communicate the results to interested users of the information.

As for financial planning, it is the process of setting objectives, assessing assets and resources, estimating future financial needs, and developing plans to achieve monetary goals. This process can involve multiple elements, including investment, asset allocation, and risk management. For an individual, it may mean planning investments to ensure financial security.

Who should attend? 

• Auditors in the Audit Bureau.
• Internal auditors.
• External auditors.
• Financial accountants.
• Accountants in management.
• Analysts in the field of finance.
• Heads of cost departments.
• Cost accountants.
• All warehouse, purchasing and sales officials.

Knowledge and Benefits:

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

• Full knowledge of the audit environment.
• Understanding the audit and looking at its objectives and all its aspects.
• Conduct a broad evaluation by participants on all internal control systems in order to enable them to identify both strengths and weaknesses.
• Organizing interventions that analyze and criticize internal audit standards.
• Providing integrated planning for the internal auditor’s tasks and familiarizing him with all his rights, as well as the duties and responsibilities assigned to him.
• Clarifying the commonalities between the work of the internal auditor and the external auditor.
• Participants benefit from the concepts of financial control, all its forms and general objectives, and determine the relationship between it and the audit of private money.
• Informing all course participants of the international standards to which the concept of financial control over public money, its objectives and planning are subject.
• Inform participants of the utmost importance of financial control reports, familiarize them with their formats, and inform them of their dates and general content.

• Introduction to Accounting Auditing

  • The concept of auditing and its importance in institutions.
  • The difference between internal and external auditing.
  • International auditing standards (ISA).

• Auditing Objectives and Tasks

  • The main objectives of accounting auditing.
  • The responsibilities of auditors during the auditing process.
  • The importance of accurate and reliable financial reports.

• Traditional Auditing Methods

  • Analytical and evaluative review.
  • Detailed examination and document review.
  • Verification of accounting estimates.

• Modern Auditing Techniques

  • Using technology in auditing (such as big data and analytics).
  • Software tools used in accounting auditing.
  • Leveraging artificial intelligence to enhance auditing accuracy.

• Risk Management in Auditing

  • Identifying and assessing risks related to auditing.
  • Risk management strategies during the auditing process.
  • Financial risk analysis tools supported by artificial intelligence.
  • The importance of communication with relevant departments.

• Introduction to Financial Planning

  • Defining financial planning and its importance in achieving strategic goals.
  • The difference between financial planning and investment planning.
  • Elements of successful financial planning.
  • How to improve decision-making using data supported by artificial intelligence.

• Financial Data Analysis

  • Basic financial analysis tools (such as financial ratios).
  • Using historical data to forecast future performance.
  • Digital financial analysis tools (such as Tableau, Power BI).
  • Preparing financial reports and communicating results.

• Budgeting and Forecasting

  • Steps in preparing the annual budget.
  • The importance of financial forecasting in planning.
  • How to manage and monitor the budget.

• The Importance of Integration Between Auditing and Financial Planning

  • How to enhance the quality of financial data through auditing.
  • The role of auditing in improving financial planning.
  • Information sharing between auditors and financial planners.
  • Integrating technological tools in auditing and financial planning.

• Future Trends in Auditing and Financial Planning

  • Modern trends in accounting auditing and financial planning.
  • The impact of technology on auditing and financial planning practices.
  • The importance of adapting to economic and financial changes.