Which auditing standard does your audit team follow? IIA, GAGAS, AICPA, PCAOB or something else? Is your loyalty to one particular auditing standard blinding you to the helpfulness and strengths of the others? It is my habit to send my course materials to all of my clients a few weeks in advance so they have […]
One of the toughest aspects of doing a Yellow Book audit is complying with the Yellow Book CPE requirements. And the requirements are a little bit involved.
Over and over and over again, we hear of instances where auditors miss fraudulent activity.
Why are we doing it this way? The term Lean Six Sigma is so mysterious and vague it could pertain to almost anything.
An audit peer review is like a trip to the dentist; both are pretty annoying experiences, but both are ultimately good for us. A dentist keeps your gorgeous teeth in your mouth and a peer review keeps your professional credibility in tact. The dreaded dentist Last year, one of my fillings fell out and I […]
Earn all of your Yellow Book hours plus some! $280 for 4 Single Audit courses Bundles save money and are full of variety. Three SELF-STUDY and one ON-DEMAND VIDEO COURSE – for a total of 27 Yellow Book hours Are you going to tackle a Single Audit or two this year? This bundle of self-study […]
While we auditors are busy designing our audits to catch fraud, we often bypass government corruption because it is so hard to prove. It’s easier for us to uncover the account clerk’s transfers into a personal account or prove that the executive assistant overcharged for travel expenses than it is for us to look at […]
Have you heard that crazy rumor that the GAO certifies auditors to conduct Yellow Book audits? Well, they don’t! I think the GAO has plenty to do without adding that to their to-do list! But before you take a Yellow Book audit on, I recommend that you do five things: 1.Make sure your team is […]
Have you ever said anything akin to “supervision is lacking” in your audit report? Need you use such mean and vague words? In most audit reports that I review, I see unnecessary cruelty; flat-out, unhelpful, ornery statements that are not supported by evidence. Am I exaggerating a little here? I really don’t think so. I […]