An executive summary is an ‘elevator pitch’ for an entire audit report! Find out How to write an audit report executive summary.
In this episode of THE SAMPLE, Leita Hart-Fanta, CPA discusses the connection of Risk and Choice and what to do with an inherent risk once identified.
Let’s rationally approach (like a good auditor always does) these 5 audit report writing tips so that we save time and reduce frustration for ourselves and our dear audit team.
The audit report recommendations describe the actions you hope that management is going to take as a result of your findings. And if you do not clearly describe what you want, squirrelly behaviors can result.
In this episode of THE SAMPLE, Leita Hart-Fanta, CPA answers the question, “What Is Inherent Risk?” Inherent risk is all the bad stuff that happens when you take action, or when you decide to do something. Leita looks at some examples of risk.
In this episode of THE SAMPLE, Leita Hart-Fanta, CPA points out 8 bad listening habits that you can conquer just by being aware of them. We all have bad listening habits – but auditors do not have the luxury of indulging in them! If auditors don’t listen, they can damage their relationship with the auditee and/or come to false conclusions on the audit.
In this episode of THE SAMPLE, Leita Hart-Fanta, CPA answers the question, “How Do I Teach My Clients About Internal Controls?” Does your auditee recognize that they are responsible for internal controls? Leita shares tips on how to introduce your client to the COSO model without overwhelming them.
A wise auditor will ask for specifics from the auditee in their action plan for audit findings so that audit follow-up is easier.
In this episode of THE SAMPLE, Leita Hart-Fanta, CPA answers the question, “How Much Yellow Book CPE Should I Earn?”