Auditing Revenue

Revenue is often the most significant and high-risk figure in the financial statements. It attracts attention from investors, regulators, and audit oversight bodies alike. Because of its complexity and susceptibility to misstatement, auditors must apply strong professional judgment, perform appropriate procedures, and ensure their documentation clearly supports their conclusions.

This course provides a practical and structured approach to auditing revenue. Participants will gain clarity on the key principles underlying revenue audits, understand the relevant financial reporting framework requirements, and learn how to apply these principles effectively during audit engagements. The course also highlights common working paper deficiencies identified during inspections and explains how to avoid them through clear and appropriate documentation.

By the end of this training, participants will be able to:

• Apply important principles when auditing revenue
• Verify compliance with relevant financial reporting framework requirements
• Identify and avoid common working paper deficiencies
• Document revenue audit procedures clearly and effectively

Designed for auditors, audit trainees, and assurance professionals, this course bridges the gap between theory and practical application — helping you approach revenue audits with confidence and consistency.

Upon completion of the training, you will receive a verifiable LEAF Bronze CPD Certificate, demonstrating your commitment to audit quality and professional excellence.