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Basics of Auditing A Complete Study (Udemy.com)

Learn the fundamentals of auditing to excel in accounting and auditing career

Created by: Raja Natarajan

Last updated June 2021

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What you will learn

  • Understand Meaning of Audit
  • Understand Principal aspects of Audit
  • Understand Benefits of Auditing

How it compares

Against the other 376 rated Udemy courses in Finance & Accounting on CourseDuck:

  • Rating4.1 out of 5higher than 7% of them
  • Reviews212#262 of 377 by number of reviews
  • Length10.1 hourslonger than 74% of them
  • Last updatedJune 2021earlier than 84% of them

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Course Description

Are you an Accounting or Finance Professional?

Are you an Accounting or Finance Student planning a career in either of the fields?

Are you a Professional Course Student planning career as Auditor?

Then this course is for you.

Welcome to Basics of Auditing A Complete Study

The basic purpose of Auditing is to confirm the authenticity of Books of Accounts prepared by an accountant.

So, the auditing begins, where the function of an accountant ends.Auditing is done to determine the true and fair picture of accounts examining the books of accounts with supporting documents.

Auditing provides lots of benefits like Verification of Books of Accounts, Independent Opinion, Moral Check, Protection of the Rights and Interests of Share holders, Reliance by Outsiders, Ensures compliance with level requirements & Strengthens Internal Control.

Hence, by taking this course, you will learn

i) Evolution, Meaning, Features, Objectives, Principal aspects, Benefits and Limitations  of Auditing

ii) Audit Process

iii) Audit Engagement Terms

iv) Audit Planning

v) Audit Sampling

vi) Audit Working Papers

vii) Auditors Independence

viii) External Confirmation

ix) Verification of Assets

x) Verification of Liabilities

xi) Special Audits covering Educational Institutions, Hospital, Cinema Halls, Charitable Institutions, Club, Hotels, Local Bodies, etc.)

This course is structured in Self paced learning style.

You may find accounting terminologies used in this course. Hence, you should have Basic knowledge of Accounting.

Advanced auditing tools and concepts will be launched as separate courses in the due course.


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Instructor Details

Raja Natarajan

               I am a Chartered Accountant with tonnes of passion for teaching. 

  I teach Financial Management & Strategic Financial Management for Chartered Accountancy, Cost and Management Accountancy and Company Secretary students in Ernakulam, India. I also hold Post Graduate Diploma in Business Administration in Finance from Symbiosis, Pune and Bachelors in Commerce, from Loyola College, Chennai. 

          I worked in State Bank of India as Assistant Vice President - Credit for a period of four years after which i started my Chartered Accountancy Practice. During the stint in State Bank of India, I worked on credit proposals of Mid Corporate Units and gained good experience in Financial Analysis, Risk Assessment, Viability Study, Evaluating business models, Project Finance, Working Capital Management, etc. 

      I conduct work shops for Entrepreneurs, Chartered Accountancy / Cost and Management Accountancy Students on the topics like Project Finance, Credit Risk Assessment, Entrepreneurship Development, Finance for Non Finance Executives, etc. 

I love teaching and i want fundamentals of accounting and finance to reach students and so i am here.

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Reviews

4.1

212 ratings on Udemy

Select a bar to show only those reviews.Select the bar again to show every rating.

By Belachew Getaw Eday on 6/28/2024

As an Internal Audit Director at Addis Ababa City Administration Industry Development Bureau in Ethiopia, with over a year of experience in the field, I found that the Basics of Auditing course on Udemy aligns well with my current role and responsibilities. My practical experience in auditing within the organization has provided me with a solid foundation in the field, and I believe that this course will complement and enhance my existing skills and knowledge. I am eager to further develop my expertise in auditing through this course and apply the learnings to my work at the bureau, ultimately contributing to the improvement of our internal audit processes.

By Sosnna Zewdie on 1/8/2021

Informative and filled with precise information to understand the whole context of the in-depth topic.

By Suresh Kumar J on 1/3/2021

This course was all about basics of Auditing. It is explained in structured manner. The course has helped me in understanding about the Audit and its procedures.. Thank you Raja Sir..!!

By Neal Underwood on 12/6/2020

ROTFL - EVERYTHING you could want to know about auditing - in INDIA!!! What a farce. This was not disclosed in the course overview. It is based on auditing standards in INDIA - not the good ole USofA. Even given that, it is not well organized, rambles around, and very lightweight. Not much use.

By Purnima Iyer on 5/12/2020

Very useful for a professional like me, who is a HR and manages Audit too...to know the basics of Audit is very important for any professional who manages the data of an organisation.

By Paul Kwame Asamoah on 4/20/2018

The English pronnounciation is a problem and there are numerous spellings mistakes. But the course was very comprehensive. Thanks

By Foster Smith on 2/6/2018

One of the best courses I have taken on udemy. Raja knows delivered in great detail with bite size videos that are well explained. I really liked the whiteboard visual illustrations when explaining the concepts.

By Lashonda Taylor on 1/5/2018

The presentation was clear and understandable. The presenter was able to keep my attention. There were no surprises, the title of the course says it all. The course is Introductory/Basic. Thanks for putting together this course.

By Mateusz Bujak on 7/13/2017

Overall it's a good course but I had the feeling that instructor relied too much on his presentations like if he was sometimes just reading them. Anway mr Raja is one of the best instructors on the site.

By Mujahid Akram on 3/2/2015

This is really helpful introduction to the Auditing. Specially if you're planning to take auditing as your major or adopting it as profession. It just needs to be a little bit more detailed. Types of audit should have made it a 5 star course. Still helpful

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Overall Score : 82 / 100