Auditing 2025: Auditing Journal Entries
Part of a series on 2025 Audit Updates. This update explores why journal entries must be properly audited, the issues that often arise, and how technology and analytical procedures can help reduce fraud risk.
Auditing 2025: Auditing Journal Entries
This course will enable you to
About the course
Journals are a key aspect of the financial statement preparation process, but they can also be challenging to audit. Auditors must decide how and when journal entries will be audited, and which entries to select. These decisions should be fully documented to provide clear justification.
Because journals are vulnerable to manipulation and fraud, auditors must understand the controls governing the journal entry process. They also need to remain alert to opportunities where controls might be overridden and fraud committed.
This short course explores common issues encountered when auditing journal entries and demonstrates how technology and analytical procedures can enhance audit quality and reduce fraud risk.
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Contents
How it works
Author
Steve Collings
Steve is Director at Leavitt Walmsley Associates, a firm of Certified Chartered Accountants. He is an internationally recognised speaker, writer and commentator on all matters to do with financial reporting and auditing. Steve is a prolific author, having written over 25 books and currently represents the North West of England on ACCA’s Practice Network Panel.
