A100 INTRODUCTION TO AUDITING

AND DELOITTE AUDIT APPROACH

Overall Aims

To provide participants with an overview of auditing

and the Deloitte Audit Approach.

Objectives

Participants will be able to:

Describe what an audit is and its elements.

Describe why an audit is performed.

Describe the key principles and purpose of an audit.

Describe why an auditor should be independent of

an entity when conducting an audit.

Describe and identify how the financial statement

audit is governed by the Deloitte Audit Approach.
Describe the major activities of the Deloitte Audit
Approach.

Describe the key activities of the Deloitte Audit

Approach performed by the Assistant.

Identify the assertions relevant to:

o Classes of transactions and events for the period
under audit
o Account balances at the period end
o Presentation and disclosure

Link to DTT Global

Competency Model

(A100 V12cn)
2012 Deloitte Touche Tohmatsu. All rights reserved.

Determine where to make selections from based on

the risks of material misstatement that have been
identified and the related assertions.

Describe how to create high quality documents to

evidence your audit work.

DTT Global Competency Model Specialized

Competencies
Understanding and Application of the Deloitte
Audit Approach and Local Auditing Requirements
Utilization of Audit Tools and Resources

Key Learning

What is an audit?

Why is an audit performed?

Phases of the Deloitte Audit Approach.

Roles of members of the audit engagement team

Importance of audit documentation

Knowledge Assumed

Participants will be Assistants who have recently

joined Deloitte. Participants should have completed
the learning unit YaD215, Introduction to
AuditSystem/2 Document Manager & Workpaper
Preparation.

Continued Learning
Opportunities

Continuing learning opportunities are available to

participants for this learning unit.

ii

(A100 V12cn)
2012 Deloitte Touche Tohmatsu. All rights reserved.

Schedule

Session
Number

Description

Learning Unit Introduction

1

Principles of a Financial Statement

Audit

Overview of the Deloitte Audit

Approach

DTT Audit Concepts

Topic 1:

Assertions and Making

Selections

Topic 2:

Audit Evidence and

Audit Documentation

Learning Unit Summary

Key Technical
References

Estimated Learning Unit Hours

2.0

Estimated Prework Hours

0.0

2010 Deloitte Audit Approach Manual P010, The

Audit Approach.
2010 Deloitte Audit Approach Manual G250, Audit
Evidence.
2010 Deloitte Audit Approach Manual G285,
Assertions.
2010 Deloitte Audit Approach Manual G510,
Relevance and Reliability of the Information to be
Used as Audit Evidence.

Participants
Preparation Before
Learning Unit Begins

(A100 V12cn)
2012 Deloitte Touche Tohmatsu. All rights reserved.

None.

iii

LEARNING JOURNAL
Use this document to keep a record of your learning experiences and key learning points, and
what this means in terms of your role, engagements, or personal development.
Key Experience or Learning Point

iv

What This Means to Me

(A100 V12cn)
2012 Deloitte Touche Tohmatsu. All rights reserved.