Description

This course is to develop candidates’ understanding of the critical aspects of managing assurance engagements (including audit engagements): acceptance, planning, managing, concluding and reporting. It is to build the students’ competence in:

• Legal, Regulatory and Ethical Issues;
• Accepting Engagements and Managing Assignments;
• Planning and Undertaking work; and
• Drawing Conclusions and Reporting.

Course/Learning Objectives By the end of this study, students are expected to be able to:

• Explain an auditor’s ethical responsibility;
• Identify potential legal liability in the context of an audit engagement;
• Evaluate audit related pronouncements and explain how these are applied to the audit;
• Demonstrate an enhanced understanding of electronic technologies affecting the modern audit environment, including ACL, IDEA, and the Internet.

Course Requirement

• Successful completion of the ICAN Foundation Courses.
• Successful completion of the ICAN Skill Courses
• A recognized degree in Accounting from any University or Higher National Diploma of any Polytechnic.
• Any other qualification for the time being approved by the Council.
• The student should possess the basic educational qualifications.