Our Mercia Methodology Training provides you with a basic introduction to using our methodology in your paperless platform, using completed examples to demonstrate how key forms and checklists might be completed.
The training is designed for new and existing users of our methodology although it does not seek to provide guidance on the applications of audit procedures or compliance with the ISAs.
Our Mercia Methodology Training is provided as eLearning under a one year subscription. This allows anyone in your firm to access the training as and when required over the subscription period. As such, the training will easily fit around busy schedules and could be used as a reference point for guidance once the training has been completed.
Choose your plan:
Mercia Members receive a 10% discount.
Your subscription will automatically auto-renew on the anniversary date, you will be notified by email before your subscription expires and offered the option to opt out of auto-renewal.
Manual Details
Content
The training is split over 8 modules as follows:
- Module 1 - Introduction providing an introduction to the series and outlining the structure of the manual
- Module 2 - Planning overview providing an overview of planning
- Module 3 - Pre planning outlining the pre planning stage of planning an audit, and the relevant forms and checklists
- Module 4 - Risk assessment outlining the risk assessment stage of planning an audit, and the relevant forms, checklists and screens that need to be completed
- Module 5 - Audit approach outlining the audit approach and other remaining stages of planning the audit, and the relevant forms, checklists and screens that need to be completed
- Module 6 - Programmes and fieldwork providing guidance on using audit (or work) programmes and other key documents used at the fieldwork stage of the audit
- Module 7 – Completion outlining the all important completion stage of the audit, and the relevant forms, checklists and screens that need to be completed
- Module 8 – Groups providing an overview of how our methodology is used in the audit of groups, outlining the additional forms, checklists and screens that need to be completed
Latest Update
June 2024
The principal technical changes in this update include:
- Changes in relation to (UK) ISA 600 Special considerations - Audits of group financial statements (Including the work of component auditors) - we have updated Module 8 of the methodology training which specifically covers groups;
- The introduction of a new (optional) statistical sampling approach - Module 6 of the methodology training guides you through the new approach.
Terms & Conditions
Pricing
All prices are subject to VAT. Prices are subject to change on 1 July.
Mercia methodology training is updated regularly by our technical staff and you will be notified of any significant content changes by email.
Your subscription will automatically auto-renew on the anniversary date, you will be notified by email before your subscription expires and offered the option to opt out of auto-renewal.
System Requirements
- Internet access.
- Operating System: Windows, Mac IOS.
- Applications: Full version of Microsoft Office or Mac equivalent, PDF Reader.
Technical Queries
Got questions or queries that need expert advice?
Our technical query helpline can provide you with expert advice on a wide range of areas, from audit / accountancy-related matters to anti-money laundering and tax.