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  3. /Audit Procedures

Audit Testing Procedures: All Others

In this course you learn which Audit Procedures are possible to perform to test financial information and how to perform them step-by-step.

Created byMarco Mk
IntermediateUpdated Jun 11, 2025

What You'll Learn

  • check_circleLearn how to audit consolidated and cash-flow financial statements.
  • check_circleUnderstand how to detect management override and test journal entries.
  • check_circleReview board minutes, leases, and related party transactions like transfer pricing.
  • check_circleGain confidence testing opening balances, PPA, and ERP data migration.

About This Course

This advanced auditing course equips students with the knowledge and tools to evaluate complex financial reporting areas. Participants will learn to test critical components such as consolidated financial statements, cash-flow statements, and journal entries, while also exploring issues like subsequent events, management override of controls, and transfer pricing.

Taught by Mk, founder of How Audit Work and a seasoned Big4 auditor with global experience, this course provides real-world insights from audits across the US, UK, Netherlands, and Italy. It's ideal for those seeking to upgrade their practical audit skills and stay competitive in a fast-evolving profession.

Course Content

1 activity • 16 videos • duration: 4h 37m

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Audit Testing Procedures: All Others-Part116 videos • 4.6 hours
  • videocam6.1 Audit test - All Others Overview
    Duration 7:05
  • videocam6.36 Audit Test - Consolidation
    Duration 35:33
  • videocam6.55 Audit test - Consolidated Equity to Parent Equity
    Duration 24:17
  • videocam6.46 Audit test - Purchase Price Allocation (PPA)
    Duration 20:30
  • videocam6.43 Audit test - Leases
    Duration 25:56
  • videocam6.54 Audit test - Transfer Pricing
    Duration 21:38
  • videocam6.56 Audit test - Group Management Fees
    Duration 17:22
  • videocam6.37 Audit test - Management Override of Controls
    Duration 23:31
  • videocam6.47 Audit test - Journal Entries Test
    Duration 22:48
  • videocam6.38 Audit test - Minute of Board of directors & Shareholders
    Duration 9:18
  • videocam6.39 Audit test - Financial Statements Referencing
    Duration 7:26
  • videocam6.49 Audit test - Cash Flow Statement
    Duration 13:39
  • videocam6.48 Audit test - Off-balance Sheet Items
    Duration 11:59
  • videocam6.53 Audit test - Subsequent Events
    Duration 15:08
  • videocam6.40 Audit test - Account Balances Migration on New ERP
    Duration 8:54
  • videocam6.41 Audit test - Opening balances on New Engagement
    Duration 12:35

Your Instructor

Marco Mk

Audit Expert at Big 4 Audit Firm

menu_book8 courses
star358 reviews

Dear Professional, after almost 10 years of experience in Big4 audit firms I decided to share my knowledge with you, together with some colleagues of mine. I worked in different Big4 audit firm performing audit of international companies in the manufacturing, holding and finance sector in different countries as US, UK, Netherland and Italy. The content created has an operative approach, with detailed guidance step-by-step, to let people learn on the spot how to perform audit procedures (for auditor) and understand how an audit is performed (for everyone else). The courses are in english and guided by the founder of HAW - How Audit Work that is an organization that provide audit related services, including teaching.

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.

Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.

What Students Are Saying

4.5 out of 5
Student's Choice
72 reviews
  • MS
    Michael S.
    starstarstarstarstar

    the content was good for me. However, the presenter was a little hard to listen to.

  • TW
    Terryn W.
    starstarstarstarstar

    It was okay

  • PM
    Peter M.
    starstarstarstarstar

    it was fine

Frequently Asked Questions

We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

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