Description
A focused planning process, including a pointed audit risk assessment, is key to creating results that compel action! The ultimate impact of your audit report often depends on how you start out.
By asking a series of specific questions regarding risk and user needs, you can shape your audit project into something interesting and valuable. In this seminar we will work together to develop a solid audit plan that will result in an audit report you can be proud of.
This course will be customized to fit your audit shop – whether you are an internal or external auditor. We will refer to GAO, IIA, or AICPA standards as applicable to your audit team.
Course objectives include:
- Perform an audit risk assessment
- Choose a compelling and productive audit subject by asking specific questions
- Refine the objectives and sub-objectives so that your team can envision related testing and report conclusions
- Document your audit risk assessment and keep it up-to-date throughout the audit
- Design your audit report conclusions and findings at the end of planning
- Build the elements of a finding as you perform the audit risk assessment
- Apply the latest version of the COSO model to the control risk assessment
- Identify common inherent risks and document risk rationales
- Choose strong, convincing audit methodologies
Program level: Intermediate
Instructional method: Group live instruction
Prerequisites: More than two years of audit experience
Who should attend: Auditors who plan audit engagements
Recommended CPE credit: 8+ hours
Questions? You can find our FAQ here.
What People Say About This Course
“I have been ranting and raving to my peers, family and friends about your seminar… you had me on the edge of my seat just absorbing all the information you covered! Anyone that can teach [auditing]… in such a fun, exciting and upbeat way… deserves more than just KUDOS. I am already looking into other seminars you teach.” – Audit Risk Assessment and Planning participant
“Best Training Class Ever- no joke! Thank you.” – Audit Risk Assessment and Planning participant
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