Learn which Audit Procedures are possible to adopt to test Income Statement and how to perform them step-by-step.

This comprehensive course trains students to audit key classes of transactions including revenue, operating and payroll costs, financial income and expenses, dividends, taxes, and related party transactions. Through practical instruction, you’ll learn how to apply analytical reviews, test of transactions, confirmation letters, and intercompany reconciliations, all grounded in international audit standards.
Led by Mk, a Big4 auditor with nearly 10 years of global experience and founder of How Audit Work, the course combines expert insights with real-world audit techniques. Whether you're starting your audit career or strengthening your existing skills, this course will help you confidently approach complex transactional audits across various industries.

Audit Expert at Big 4 Audit Firm
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.
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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.