Coming in autumn 2024, the Apex Audit Academy will provide a breakthrough in practical audit learning and development for auditors from smaller firms. Combining open workshops (some of which are multi-day residential courses) with a growing library of on-demand video and eLearning resources, Audit Academy will turbocharge your team’s technical and interpersonal skills.

On-demand library

The library will launch in autumn 2024 with a growing range of titles and formats. Each module will be available to watch at a convenient time and will include follow-up questions to test learners’ knowledge and understanding.

  • Ethics: One-Hour Overview provides a 60-minute introduction to professional ethics, including an overview of the fundamental principles, the ‘threats and safeguards’ approach and a summary of relevant parts of the ICAEW Code and the FRC Ethical Standard. Available in October 2024

    As a companion to the previous title, Ethics: Case Studies examines practical ethical issues through the lens of five short case studies. Participants are asked to consider potential threats and recommended actions. Available in October 2024

  • A series of short recorded modules including:

    • Company size and the implications for accounts

    • Audit exemption rules and pitfalls

    • Revising defective accounts: implications for auditors

  • A series of short recorded modules including:

    • Group accounting exemptions and pitfalls

    • The new approach to components

    • Issues for solo auditors

    • Working with component auditors

  • A series of short recorded modules including:

    • Understanding the entity and its environment

    • Systems and controls: what’s expected from auditors?

    • Identifying and assessing risk

    • Effective planning documentation

  • A series of short recorded modules including:

    • Principles of audit evidence and testing

    • Stocktake attendance

    • Bank and third party confirmations

    • Experts and service organisations

    • Related parties and fraud

    • Audit sampling do’s and don’ts

  • A series of short recorded modules including:

    • How to review effectively

    • Going concern and PBSE

    • Representations and communications

    • Irregularities and reporting

Audit team workshops

Effective audit training means more than learning the theory. Auditors must learn to apply technical skills in practice, to display sound judgement and to sharpen their interpersonal skills including organisation, communication and assertiveness.

Our workshops are based on realistic audit case studies. Working in teams, participants learn how to:

  • complete pre-course reading and research

  • hold effective meetings with management and colleagues

  • manage their time and prioritise key issues

  • record audit work effectively

Throughout the workshop, participants’ work is monitored and assessed. Each team’s audit file is reviewed and returned with useful feedback, and participants are able to access follow-up support including a three-month check-up.