OasisLMS

Auditing investments overview

To prepare for auditing investments, you must first understand the basics. You can learn common investment types and their associated key terms, such as:

• Interest rate swaps
• Put options
• Embedded derivatives

Investments and risk assessment

You can also learn about:

• Common risks related to investments
• Risk assessment process surrounding investments
• Auditing standards requirements
• Common audit techniques to mitigate risks

Learning Objectives

• Identify the key concepts in accounting for investments and the common types of investments you will encounter.
• Identify basic processes, controls, and audit procedures over the investments process, as well as any weaknesses and possible solutions.

Key Topics

• Risk assessment and common identified risks
• Accounting for investments
• Auditing investments
• Common processes and controls
• Common audit procedures
• Documentation
• Audit traps to avoid

Who Will Benefit

• Experienced staff
• New in-charge auditors
• Firms that want consistent training and level setting