Description

Essential audit skills training will give you the confidence you need to take on any audit assignment. As we cover the key steps of performing an audit - including risk assessment, objective setting, evidence gathering, audit documentation, and audit reporting, your knowledge of how your work fits into the whole audit will be fortified. You will 'get' why your audit supervisor keeps asking you to do certain things. You might even be able to teach that smart-pants on your audit team a thing or two when we are done. But this class isn't only for new auditors - it is helpful for new auditors and experienced auditors alike. Yes, new auditors experience unfamiliar skills for the first time, but experienced auditors will also benefit as they recognize and resolve unproductive habits. Frequent references to applicable audit standards (from the IIA, GAO, or AICPA) will keep us grounded. Learning Objectives:

• Compose a finding or audit issue
• Choose how to gather evidence for your audit conclusions
• Apply a simple risk assessment model to your audit subject
• Document what you’ve done in the working papers
• Break down the steps of an audit and describe how your work fits in
• Identify which standards you must follow
• Distinguish between a test of fact and a test of controls
• Document key controls
• Refine the audit objective and reach the resulting conclusions
• Recognize when to discuss issues with your supervisor
• Distinguish between over-auditing and under-auditing

Program Level: Basic NASBA Field of Study: Auditing (Governmental) Formal Learning Program Type: Group, Self Study Learning Format: Webinar or In-Person Who Should Attend: Auditors seeking to learn new skills. Prerequisites: None Advance Preparation: None Recommended CPE Credit: 16+ Hours Instructor: Leita Hart-Fanta, CPA Questions? You can find our FAQ here.