Overview

This Training Session includes several related topics as follows:

• History of audit
• Audit institution development
• Definition of audit
• Types of audit
• Difference between internal and external audit
• Other definitions of financial audit
• Who is the external auditor?
• Concept of financial audit
• Definition of financial data

Objectives

The objectives of this training session is to spread awareness in:

• Defining advanced skills in audit and financial review in light of International Auditing Standards
• Importance of audit for small size businesses
• Risk management technics
• Highlighting approaches followed by internal and external auditors
• Fraud investigation strategies and implementation methods
• Providing internal audit assessment designs

New approaches in governmental financial reviews in accordance with the International Standards and its implantation in practice for the government of the UAE