DESCRIPTION AND BENEFITS

Data is a revealing source of audit information if examined correctly.

This two-day course addresses the use of quantitative techniques to improve the quality and efficiency of the work of the auditor.

Combining financial and operating data can allow the auditor to home in on high-impact areas.

Delegates will learn:

• Analytical techniques for sharper insight
• Operations Research and models
• Analytical Review Procedures
• Linear programming
• Charting, Queuing and Game theory
• Simulations
• How to relate financial and operating results
• How to relate ROI to operating results

WHAT WILL BE COVERED

	Nature of Audit Research
	Setting Terms of Reference
	Constructing Research Design
	Quantitative and Qualitative Methods
	Designing and Administering Surveys and Questionnaires
	Using Structured, Semi-structured and Unstructured Interviews
	Action Research
	Observation and Participant Observation
	Using and Interpreting Data

• Financial analysis: the auditor's perspective
• Financial statements and what to look for
• Ratio analysis and cash flow

• DuPont and Z-Score analysis
• Focusing audit effort

This course is designed to be of primary benefit to auditors who need to understand quantitative methods to carry out corporate and academic research.