Auditing II


Obtain a SAIBA Certificate of Completion in Auditing II for part completion of the designation.


By enrolling for this upskilling course you will cover the following:

  • Auditing theory and practice, which includes basic auditing concepts, statutory requirements, guidelines and auditing standards.
  • The principles of corporate governance, statutory matters and internal controls in the business cycles.


Auditing II provides students with the required knowledge of the key auditing concepts in areas to successfully prepare students in applying the auditing principles within a business environment.

*The assumption is made that the accounting standards not mentioned in this module are covered in previous financial accounting modules (NQF 6 level)


The following pricing apply: R5,500.00
The upskilling course does not form part of a subscription package.
Any recommended textbooks and webinars are an additional cost for your own expense.


Study unit 1

Introduction to auditing

  • The various roles of auditors
  • Differentiating between assurance and non- assurance engagements
  • The auditing postulates
  • Description of the accounting profession
  • The financial statement audit engagement
Study unit 2

Regulation of the Auditor, statutory matters and corporate governance

  • The duties, rights, responsibilities and liability of auditors in terms of the Auditing Profession Act, of 2005
  • Significant matters of the Companies Act of 2008
  • The ethical principles regulating the auditing and accountancy profession
  • The background to corporate governance in South Africa
  • The significant matters covered by the King Report
  • The auditing firm’s responsibilities for its system of quality control and quality control for audits and review of financial statements
Study unit 3

General principles of assurance engagements

  • Assurance engagements
  • Internal control
  • Audit evidence
  • Risk assessment and audit procedures
  • Materiality
  • Audit risk
  • Audit documentation
  • Assurance reports
Study unit 4

The audit process

  • Stages of the audit process
  • The preliminary engagement stage
  • The planning stage
  • Putting the audit strategy and plan into action
  • The evaluating, concluding and reporting stages
Study unit 5

Internal control

  • The importance of internal controls in a business environment
  • Apply the components of internal control
  • Apply controls in a computerised environment
  • The relationship between the external auditor and the internal controls
Study unit 6

Business cycles as part of the accounting system

Study unit 7

Revenue and receipts cycle

  • Internal control over credit sales transactions
  • Internal control over cash sales transactions
Study unit 8

The acquisitions and payments business cycle

Study unit 9

How to practically apply the inventory and production business cycle

Study unit 10

The practical application of payroll and personnel business cycle

Study unit 11

Capital expenditure in the finance and investment business cycle


Applicants for this course are required to have the relevant degree/diploma with all the core subjects as specified, missing no more than 2 subjects.

The law and best practice require that you must have an:

  • accounting qualification
  • plus relevant experience
  • plus a designation with a professional body, such as a Business Accountant in Practice (SA), BAP(SA)

In this way society knows you are competent and they are assured of quality work.

In addition, it is required that your qualification should consist of the following core subjects:

  • Accounting (3rd year University level)
  • Auditing (2nd year University level)
  • Tax (2nd year University level)
  • Management accounting (2nd year University level)
  • Commercial law (2nd year University level)

If your qualification does not include these subjects you can register as a SAIBA Academy student and write our assessments as evidence that you are competent in these subject areas. We call this recognition of prior learning or RPL.

Once you have gained all the missing subjects for non-degree purposes you will be eligible for the SAIBA designation BAP(SA) and start working for yourself as an Accountant in Practice.

*Please note approval from the Saiba membership department is required before proceeding to apply for this course. Please contact your Personal Portfolio Consultant (PPC) for more information.


Michelle Coetzee CA (SA)

Michelle Coetzee is a lecturer in both Auditing and Taxation. Michelle is a registered chartered accountant with five years' practical experience in CA practice. Michelle earned her BCom (Chartered Accountant) (cum laude) and honours degree from the North West University. Michelle is currently the vice-chair of the Southern African Accounting Association (Northern Gauteng) and also serves as a marker of SAICA's ITC (Initial Test of Competence) examination. She is also an auditing author for LexisNexis, where she writes electronic auditing questionnaires for this academic publisher's Passplus platform. Academic awards include membership in the Golden Key International Honour Society.


The Southern African Institute for Business Accountants NPC is a professional body accredited by South African Qualifications Authority (SAQA) -  Professional Body ID 874.

On successful completion of the final exam you will receive a certificate of completion issued by SAIBA that serves as evidence of competency in the key auditing principles. The certificate is issued in terms of the National Policy for the Implementation of the Recognition of Prior Learning as authorized by SAQA and is regarded by SAIBA as meeting the competency criteria approved by SAQA for admission as a BAP(SA).






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