Recommended experience 21-36 months
(in-charge auditors who supervise one or more staff)
CPE Credit: 24 hours (21 Auditing, 1 Professional Development, and
2 Communication)
Delivery Method: Group Live
Program Level: Intermediate
Prerequisites: None
Advanced Preparation: None
Objectives
Builds on the technical experience of auditors, and introduces them to tips and techniques needed to begin daily supervision of in-field staff. Includes discussions on risk-based audit planning and execution, budgeting and time management, reviewing audit documentation, performing strong analytics, and getting the engagement "out the door".
Major Modules
Role of the In-Charge Auditor
AuditWatch is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. Web site www.nasba.org.
(in-charge auditors who supervise one or more staff)
CPE Credit: 24 hours (21 Auditing, 1 Professional Development, and
2 Communication)
Delivery Method: Group Live
Program Level: Intermediate
Prerequisites: None
Advanced Preparation: None
Objectives
Builds on the technical experience of auditors, and introduces them to tips and techniques needed to begin daily supervision of in-field staff. Includes discussions on risk-based audit planning and execution, budgeting and time management, reviewing audit documentation, performing strong analytics, and getting the engagement "out the door".
Major Modules
Role of the In-Charge Auditor
- Characteristics of the best performers
- Obtaining an understanding of the entity, including its internal control
- Assessing risk
- Designing audit procedures to respond to the assessed risks
- Evaluating internal control deficiencies
- Client management techniques
- Using budgets before, during, and after fieldwork
- Planning to facilitate wrapping-up projects
- Analyzing a "typical" in-charge's day
- Prioritizingwork to keep all parties satisfied
- How to supervise others
- Instructional strategies & techniques
- When to delegate vs. "do it yourself"
- Providing constructive feedback
- Providing instruction so others understand
- Listening actively to increase your understanding
- Understanding the requirements of audit documentation standards
- Reviewing audit documentation and writing quality review notes
- How to develop expectations and perform strong analyticals
- Developing analytical procedures as substantive evidence for multiple financial statement items
AuditWatch is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. Web site www.nasba.org.
