MODULE 1 UNIT 2: Audit of Records Not Complete

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Accurate and complete record-keeping is essential for ensuring financial transparency and compliance. However, incomplete records are a common challenge that auditors must address effectively. This course is designed to provide participants with comprehensive knowledge and practical skills to handle incomplete record scenarios.


  1. A thorough understanding of records, documents, and the implications of incomplete records in an audit context.
  2. Teach various methods and approaches for auditing incomplete records, including the Input Output Method, Cost and Production Basis, and Bank Methods.
  3. Develop skills for implementing overall compliance reviews and making additional estimates and assessments in the absence of complete records.


  1. Participants will enhance the accuracy and reliability of their audits, even in challenging situations.
  2. Bolster the participants’ auditing competencies, making them more effective and efficient in their roles.
  3. Gain the skills needed to ensure compliance with regulatory requirements, thereby reducing the risk of non-compliance penalties for their organizations.