Audit Testing Procedures: Current Assets

This hands-on course teaches students how to perform audit testing on key current asset account balances, including inventory, accounts receivable, cash and cash equivalents, and related party transactions. Led by Mk, the founder of HAW – How Audit Work and an experienced Big4 auditor, the course provides detailed, practical instruction drawn from nearly a decade of international audit experience.

Students will learn how to conduct inventory counts, confirm deposits, test cut-off procedures, and assess pricing and obsolescence. The course also covers audit techniques for receivables, including confirmation responses, alternative procedures, bad debt assessments, and factoring. Cash testing procedures such as bank confirmations and reconciliations are also addressed, along with intercompany reconciliations for related parties. This course is ideal for those seeking practical audit skills in real-world contexts.