Becoming an Awesome New Auditor!
So, you've accepted a new position as an Internal Auditor; congratulations, and welcome to our world!
Internal Auditors provide an extremely important and unique function: to independently assess controls to balance risk that may impede the objectives of an organization. We are the "last line of defense" in organizations to report risk events.
Please join us for this valuable in-person, interactive training and allow our expert instructors to carefully guide you as to how audits are planned, performed, documented, and reported.
We will transfer our deep understanding of "audit tradecraft" to you in an educational and enjoyable manner. We will provide you with the knowledge to become a truly Awesome Internal Auditor!
This comprehensive in-person event was designed for Internal Auditors and Compliance Analysts with little or no practical experience, as well as seasoned professionals who require a "refresher".
Let's learn, grow, and enhance our Audit effectiveness! Sign up now!
Each attendee will receive 24 Auditing CPE Hours (YB). A certificate of completion will be provided.
The retail cost of this CPE event is $1,875.00 for each attendee.
Program Level of Understanding: Basic
Advance Preparation: None
Delivery Format:: "Group Live"
NASBA Field(s) of Study: Auditing
CPE Credits: 24, based on 50 minutes of instruction per hour
CPE Event Highlights
Maximize your effectiveness and efficiency with comprehensive guidance from expert Auditor instructors. Be an Awesome Auditor!
We will cover in this program:
What are Auditing Standards?
Understanding Risk Assessment.
Understanding the elements of an effective organizational culture.
Best Practices in creating an internal audit function.
Best Practices in conducting audit fieldwork.
Best Practices for testing internal controls and business processes.
Audit verbal and written communications defined.
Best Practices for testing internal controls.
Best Practices in creating internal audit reporting tools.
What to include and not include in each audit report.
Essential sections of each type of audit report.
How to properly document credibility determinations.
Principles of clear and concise reporting.
Identify the stages of Internal Audits
Determine how to assess Audit Risk
Apply the COSO Internal Control Framework to Audits
Correlate SPIN Selling techniques to Audits
Understand effective methods of communicating Audit results
Key Issues on the Agenda
Section 1 What is an "Internal Audit"? "Internal Controls"? "COSO"?
Section 2 Types of Audits
Section 3 Desired Attributes of Internal Auditors
Section 4 The IIA's IPPF
Section 5 The Auditors Code of Ethics
Section 6 Dealing with Audit Client Personalities
Section 7 Optimizing Your Productivity
Section 8 SPIN Selling the Audit
Section 9 Five Stages of the Internal Audit
Section 10 Audit Risk Assessment
Section 11 Fieldwork and Workpapers
Section 12 Internal Control Testing
Section 13 Determining the Quality of Audit Evidence
Section 14 Audit Sampling Techniques
Section 15 Effective Audit Reporting
Section 16 Data Analytics with Audit Software
Section 17 Continuous Auditing
Section 18 Specialized Audits
Section 19 Case Study in Awesomeness: Asset Management Audit
Summary and Wrap-Up