Course curriculum

  • 1

    Welcome to the course!

    • Lux Audit training bundle
  • 2

    Plan the engagement

    • Start an engagement

    • Optimiser checklist

    • Data import: import the client's trial balance data

    • Mapping Configuration tool

    • Perform acceptance and continuance

    • Determine the overall audit strategy

    • Collect information from the client

    • Document the audit team discussions

    • Define materiality

    • Create a consolidation engagement

    • Post adjustments

    • Add annotations

    • Data import: import the client's transactions

    • Sample selection

    • Test your knowledge- Plan the engagement
  • 3

    Perform risk assessment

    • AnalyticsAI integrated

    • Analytics- all steps

    • Analytics- Influencers

    • Analytics- Analytics Insight

    • Analytical review

    • Understanding the entity

    • Risk identification

    • Complete the risk assessment documents

    • Test your knowledge- Perform risk assessment
  • 4

    Perform fieldwork (Plans and procedures)

    • Perform fieldwork

    • Customize checklists

    • Complete the plans and procedures worksheets

    • Collect information for each financial area

    • Test your knowledge- Perform fieldwork (Plans and procedures)
  • 5

    Manage the engagement documents

    • Documents page

    • Create or upload a document

    • Rearrange documents

    • Hide a document

    • Create and review issues

    • Sign off on a document

    • Save a copy of a document to Cloud

    • Locate and access documents in the engagement file

    • Set up Bulk Print

    • Test your knowledge- Manage the engagement documents
  • 6

    Complete the engagement

    • Provide the summary of misstatements

    • Prepare the financial position and statement of profit or loss

    • Wrap up the engagement
  • 7

    Collect permanent entity records and information

    • Collect permanent entity records and information

    • Test your knowledge- Collect permanent entity records and information
  • 8

    Lockdown and rollforward an engagement

    • Archive and lockdown the engagement

    • Rollforward an engagement

    • Test your knowledge- Archive and lockdown
  • 9

    Next steps

    • Before you go