Professional Development Program

June 2021

Description
Professional Development Program (PDP) is a hands-on training designed for budding professional
accountants/auditors to develop their employability skills. Bizware Learning Team has built it on a unique
simulation-based andragogical approach wherein the trainees will perform audit engagement under the
direct supervision of a qualified auditor. The training program focuses on accounting/auditing knowledge,
computer literacy, communication and interpersonal skills of the trainees.

Figure: The Program's Learning Model

Qualified
Auditor

Bizware Trainees Assessment of Certificate of

Learning Team Learning Completion

$
Legend:
___: Audit Workflow
Audit
-----: Learning Activities
Client
Professional Development Program

Key Highlights of the Program

Learning Sessions Business Meetings Individual Feedback Sessions

30+ 20+ 10+

Mentoring/Support Presentations Accounting software

Yes 10+ Yes

Exams and assessments Data Analytics/CAATs Certificate

Yes Yes Yes

Course Duration & CPD Hours

06 Weeks

90 CPD Hours

Team of Experts/Facilitators
Bizware has a team of enthusiastic and ambitious professionals and academicians who have extensive
knowledge and expertise in the technical area and impressive skills in teaching and development
activities.

We will also invite experts from the relevant areas to discuss the current practices and share the
profession's emerging opportunities. We will ask veterans from leading audit firms, blue-chip companies,
and reputed universities for inspiration and experiential insights.

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Professional Development Program

To whom this training relates

This program has designed for professionals with 0-3 years of experience in accounting/auditing and is
suitable for:

 Students of professional bodies (like ICAP, ICMA, and ACCA)

 University students pursuing business-related degrees (like B.Com, BS Accounting)
 Management trainees working in the accounting, finance, and auditing functions

 Trainee students of professional bodies particularly working in the industry

Course Description
Training and skill development for the young accountants/auditors is a time-consuming and resource-
needed task. It takes a long time to acclimatize an entrant, impart the requisite technical and soft skills,
and make him/her a productive member of the professional teams. The conventional training and
capacity-building approaches are not effective and efficient. Real learning happens when the trainee
works on clients under the supervision of a qualified professionals who guide him, review his work, and
provide positive feedback. Based on the survey conducted by Bizware, it takes more than one and a half
year in this process.

Professional Development Program (PDP) aims to shorten the period to six months with its rigorous
hands-on, simulation-based training program to address these learning and capacity-building challenges.
This program develops the trainee in Accounting, Auditing, Communication, Interpersonal Skills, and
Business Software in an integrated working environment.

The program participants will perform a complete audit of model commercial entities under the command
of a qualified auditor, starting from planning activities to the issuance of audit/engagement reports.
Bizware Learning Team will monitor the activities and will provide requisite guidance and needed
assistance during the process.

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Professional Development Program

Course Learning Objectives

The program's primary objective is to acquaint the trainee with all the accounting and auditing cycle
stages and hone their basic computer skills, business software, and communication and interpersonal
skills.

After attending this program, the participant should be able to:

1. Understand the regulatory, professional and ethical framework of assurance engagements

2. Understand the processes of accepting and managing assurance engagements
3. Plan assurance engagements in accordance with the legal and regulatory requirements
4. Perform the audit procedures on financial statement and financial statement line items
5. Issue an audit opinion based on the work performed
6. Communicate persuasively through written and oral communication
7. Demonstrate the use of accounting software
8. Use computer and related technology efficiently for office work
9. Give effective and engaging professional presentations to a variety of audiences
10. Participate in business meetings and professional Interviews, and work in teams

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Professional Development Program

Module 1: Audit Knowledge, Skills, and Experience

1. Engagement Acceptance & Continuance Procedures
2. Audit Planning
3. Audit Fieldwork
4. Audit Conclusion and opinion formation
5. Communication with those charged with governance

Module 2: Computer Literacy

1. Accounting Software
2. MS Word
3. MS Excel
4. MS PowerPoint
5. MS Visio

Module 3: Communication and Interpersonal Skills

1. Written business communication
2. Oral communication
3. Business Presentations
4. Business meetings and Interviews
5. Team Work

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Professional Development Program

Program Team
This simulation requires a diversified and well-resourced team to run and manage it to accomplish the
desired learning objectives. Our Program Team include the following sub-teams:

– Instructional Team

– Audit Firm Team

– Client Team

– Support Team

A. Instruction Team
The instructional team will provide the basic theory and knowledge according to the learning objectives.
Our instructional team comprises of passionate subject experts having extensive experience and who have
worked with the leading training/educational institutes:

1. Abdul Rauf, FCA

2. Masood Ahmed, Mphil

3. Tooba Ahmed, Mphil

4. Yasin Menai, MPhil

B. Audit Firm Team

The role of the audit team is to provide students with the required supervision to perform the audit.

The audit team has seasoned chartered accountants who have worked with Big 4 audit firms. They have
also worked with reputable organizations globally.

1. Muhammad Scheraz, FCA

2. Arif Hayat, FCA

3. Zaheer Arshad, FCMA

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Professional Development Program

C. Audit Client Team

The audit client team is the office bearers of the client organization. It comprises the following officials of
the auditee organization:

1. CEO

2. CFO

3. Finance Manager (Focal Person for the Audit Engagement)

4. Member of Audit Committee

5. Head of Internal Audit

6. Supply Chain Manager

7. Sales and Marketing Manager

8. Admin & HR Manager

9. IT Manager

These team members have extensive experience in the respective functional area and comprehensive
knowledge of the client business processes.

D. Simulation Support Team

The Support Team is primarily responsible for maintaining the simulation infrastructure and assets like
updated accounting data of client organizations and Accounting Software. The members of this team
are:wq2q

1. Rehan Shabbir (IT)

2. Hafiz Naveed (ACF)

3. Umar Bilal (ACF)

4. Furqan Abbas (Supply Chain)

5. Muhammad Muzammil (Quality)

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