Audit, Business processes & Digitalization BL5 PDF
Document Details
University of Kelaniya
Dinith Kularathna
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Summary
This document provides an introduction to auditing, business processes, and digitalization, specifically for Business Level 5. It discusses the importance of internal controls and financial statement audits. The document also features a syllabus structure outlining key areas covered in the course.
Full Transcript
Audit, Business processes & Digitalization Business Level 5 [BL5] Introduction Dinith Kularathna ACA, AAT Passed Finalist B.B.Mgt.(Finance), University of Kelaniya Contact number – 070...
Audit, Business processes & Digitalization Business Level 5 [BL5] Introduction Dinith Kularathna ACA, AAT Passed Finalist B.B.Mgt.(Finance), University of Kelaniya Contact number – 070 2427286 PwC | Dialog Axiata PLC 1. Syllabus structure At the Business Level the focus is on business processes and the nature of internal controls surrounding them, and the concepts of audit and assurance. Principles of values and ethics are also discussed broadly at this level. Auditing, Business Process and Digitalization [BL5] Business environment [45%] Audit and Assurance (55%) Corporate Business Internal Auditing Assurance & Professional Governance Processes Controls Standards other Ethics [10 Marks] [15-25 [10-15 [40 Marks] engagements [5-10 Marks] Marks] [5-10 Marks] Marks] [35 Marks] [15 Marks] Dinith Kularathna, ACA What is Auditing ? A financial audit is an objective examination and evaluation of the financial statements of an organization to make sure that the financial records are a fair and accurate representation of the transactions they claim to represent. Purpose of a Financial Statement Audit Shareholders Board of Directors Financial Auditor Company Statements Management Audit involves in to the reporting line and issue a report regarding the financial statement prepared by the Management / Board of Directors, to increase the degree of confidence of the users. PwC | Dialog Axiata PLC 3
