3 Roles on an Audit Engagement

3 Roles on an Audit Engagement

GAGAS section 4.10 reminds us that professional maturity depends on our ability to tolerate uncertainty and ambiguity. The 3 roles on an audit engagement generally include the following:

1. Non-Supervisory Auditors

Auditors in these roles plan or perform engagement procedures. Work situations for these auditors are characterized by low levels of ambiguity, complexity and uncertainty. The non-supervisory auditor role necessitates at least a basic level of proficiency.

2. Supervisory Auditors

Auditors in these roles plan engagements, perform engagement procedures or direct engagements. Work situations for these auditors are characterized by moderate levels of ambiguity, complexity and uncertainty. The supervisory auditor role necessitates at least an intermediate level of proficiency.

3. Partners & Directors

Auditors in these roles plan engagements, perform engagement procedures, or direct or report on engagements. Also, partners and directors may be responsible for reviewing engagement quality prior to issuing the report, for signing the report, or both. Work situations for these auditors are characterized by high levels of ambiguity, complexity and uncertainty. The partner and director role necessitates an advanced level of proficiency.

Want to learn more?

Then you’re in the right spot! Yellowbook-CPE.com offers live webinar and self-study courses for every level of auditor.

For those auditing five years or less, I invite you to join me for one of my most popular classes, the Virtual Audit Bootcamp scheduled for September 30-October 4. Together we explore each phase of conducting a government audit while learning how to comply with significant Yellow Book and IIA standards. And there’s a bonus! Develop your interviewing skills and earn 7 extra hours of CPE at your own pace with a complimentary self-study course, Interviewing Skills for Auditors.

If you have more experience, look out for an upcoming Leading an Audit Project webinar in the fall. Please contact support@yellowbook-cpe.com to notify you once it’s open for registration.

For auditors at all career levels, register today for the Government CPE Extravaganza on July 17. Six different speakers each present a hot governmental auditing topic for a full day of fun!

And it’s not too late to join me on June 25 for the two-hour webinar GAGAS 2024: The New Quality Management System. There are mandatory components all audit teams need to understand to comply with the Yellow Book.