Hands-On Auditing 101 Test

Abdul Rauf
Last Update July 28, 2025
0 already enrolled

About This Course

The Hands-On Audit Simulation is a single-module, workplace-based training program that immerses students in the full audit cycle—from planning to reporting—through a carefully designed real-world simulation.

Participants take on the role of junior auditors within a simulated audit firm, working on a live audit engagement for a realistic client. Over the course of the program, students apply International Standards on Auditing (ISAs), use professional audit software, perform substantive procedures, document findings, and interact with simulated clients and supervisors.

The experience mirrors the actual work environment of audit trainees in firms, offering a high-impact, practical learning opportunity that builds audit competence, communication skills, and job readiness.

Whether you’re preparing for an articleship, a corporate audit role, or aiming to enhance your practical exposure, this course provides a structured, supervised, and hands-on path to becoming career-ready.

Material Includes

  • Student License of Audit Software
    Access to SmartAudit (or equivalent) for executing the full audit cycle in a supervised, simulation-based environment.
  • Prior Year Working Papers
    Complete audit documentation from the client’s most recent audited year to provide context and continuity.
  • Student License of Accounting Software (FastAccounts)
    Hands-on access to live client data through a licensed accounting platform, valid for the simulation period.
  • Full Access to Client Accounting Records
    Realistic datasets including journal entries, ledgers, trial balances, and supporting schedules.
  • Client Source Documents
    Invoices, contracts, bank statements, vouchers, and third-party evidence for performing substantive audit procedures.
  • Standardized Working Paper Templates
    Ready-to-use planning documents, lead schedules, checklists, and testing sheets based on professional standards.
  • Meetings with Audit Supervisors
    Simulated sessions with audit partners, managers, and supervisors for planning, review, and performance feedback.
  • Meetings with Client Personnel
    Role-play interactions with CFOs, accountants, and department heads to develop inquiry and communication skills.
  • Learning Log Workbook
    Evolve’s proprietary tool for reflection, knowledge consolidation, and transforming activity into practical experience.

Learning Objectives

Understand the regulatory, ethical, and professional framework governing audit and assurance.
Plan and perform key audit procedures, including risk assessment, fieldwork, and documentation in line with ISAs.
Identify and report audit findings through professionally structured working papers, reports, and communications.
Collaborate effectively in team settings, client meetings, and supervisory reviews, demonstrating professional conduct.
Use accounting and audit software to complete engagements, analyze data, and support audit conclusions.

Requirements

  • Basic understanding of auditing concepts – Familiarity with core principles such as audit assertions, risk assessment, and audit procedures.
  • A functioning laptop – Participants must bring their own laptops for hands-on simulation exercises.
  • A proactive mindset – This training is designed to simulate real-world challenges. It requires dedication, curiosity, and the willingness to step outside your comfort zone, especially as you work through tasks for the first time.

Target Audience

  • This simulation-based audit training is designed for aspiring and early-career professionals who are looking to build strong, hands-on auditing skills. It is particularly suited for:
  • Students of professional accounting and audit bodies such as ACCA, ICAP, and CMA,
  • Graduates of Business school students specializing in accounting and finance
  • Professionals working in auditing, accounting and finance departments

Curriculum

3 Lessons40h

1. Is this course theoretical or practical?

It’s 100% practical. While you’ll apply key auditing concepts, the focus is on doing the actual work of an auditor using audit and accounting software, reviewing client records, conducting audit meetings, and preparing audit files.

2. Do I need prior audit experience to take this course?

3. What will I do during the simulation?

Your Instructors

Abdul Rauf

4.95/5
124 Courses
20 Reviews
363 Students
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$35,000.00

Level
Beginner
Duration 40 hours
Lectures
3 lectures
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