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Auditing and Quality Management

Auditing is the process of examining an organization’s or an individual’s financial records to determine their accuracy and accordance with any applicable rules, regulations, or laws.

Quality assurance is an operations management process of maintaining a certain standard of quality in delivering products and/or services.

These fields demand skilled professionals who are up to date with regulations. Above you will find audit training and quality management courses to help you keep your knowledge up to date or enter this field!

The Importance of Audit Training

The Center for Audit Quality cites events like the bursting of the dotcom bubble, the resulting bankruptcies of once-powerful companies, and the collapse of one of the largest audit firms as important drivers of change in the auditing industry. These events spurred an intense policy response and a joint effort by the U.S. government and audit committees to strengthen the system and increase access to important auditing tools and materials.

As a profession driven by changing markets and policies, it is imperative that auditors remain up-to-date with the newest practices. Audit training courses like those listed above are a great way to keep up with this fast-paced and exciting industry!

audit training

Types of Auditor Training

There are two main types of audits. Internal auditors work for the organization as home-based employees to improve processes such as operation, internal controls, risk management, and governance. External auditors come in from outside the organization to examine accounting and financial records, giving their independent opinion when they are finished. Since auditing is a routine and compulsory task at organizations worldwide, many get their books of accounts and processes audited both internally and externally.

Auditing can be further broken down into financial audits and strategic, operational, and IT audits. Financial audits are the most common form since any discrepancies in the books of accounts reflects poorly upon the company. Since finance affects the operational and strategic areas of the companies, a company that misrepresents their finances could be accused of hiding or covering up something.

Finally, operational, strategic, and IT audits are carried out to ensure that an organization’s infrastructure can meet the stated goals and objectives of the company. Specialized auditor training and certification is encouraged if you plan to specialize in any of these individual sectors.

Quality Management Training Courses

Quality assurance professionals examine manufactured products, goods, and services to ensure that they meet all standards of presentation and quality. Achieving a career as a quality assurance manager, who has responsibility for all quality systems within an organization, is possible with further training and experience.

In recent years with the rapid expansion of emerging technologies, the field of quality assurance has been threatened by automation. Monitoring and tracking can easily be achieved with the help of new software. Quality management professionals must now demonstrate the value they bring to the organization, often through excelling in the following skills:

You can quickly increase your skill set by enrolling in a training program geared towards the above categories or a quality management training course.

Auditor Training Course Offerings

If you are interested in specializing in a particular branch of auditing, want to expand your skillset to keep up with the latest technologies or policies, or just want to refresh your existing knowledge, an audit or quality management training course is a great place to start. Especially in North America, remaining competitive in this industry requires professionals to show the same level of flexibility and adaptability as the field itself.

Frequently asked questions

  • Yes, you can include an auditing course on your resume. It demonstrates your commitment to professional development and highlights your auditing skills, making you more attractive to potential employers.

  • Auditing and accounting are distinct but related fields. Difficulty is subjective and depends on individual aptitude and interests. Auditing focuses on evaluating financial records and processes, while accounting involves recording, analyzing, and reporting financial transactions.

  • During auditing training, you'll learn about risk assessment, internal control, audit methodologies, fraud detection, regulatory compliance, and industry best practices. You'll engage in practical exercises, case studies, and discussions to develop critical auditing skills and techniques.

  • Quality management is a systematic approach to ensuring consistent product or service quality. It involves planning, organizing, controlling, and improving processes to meet customer requirements, comply with standards, and continually enhance performance and efficiency.

  • Some of the most well-regarded auditing qualifications include Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Certified Information Systems Auditor (CISA), and Certified Fraud Examiner (CFE). These certifications demonstrate expertise and commitment to the auditing profession.

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