Recommended experience 36-59 months
(auditors who supervise multiple or larger jobs)
CPE Credit: 24 hours (22 Auditing, 2 Professional Development)
Delivery Method: Group Live
Program Level: Intermediate
Prerequisites: None
Advanced Preparation: None
Objectives
Moves experienced in-charges beyond the basics. Teaches how to adapt leadership style to different situations, manage multiple projects, and assume a more significant client service role, including providing great management feedback. Includes using interim, analytics, and internal controls to improve audit quality and efficiency.
Major Modules
Supervision
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.
(auditors who supervise multiple or larger jobs)
CPE Credit: 24 hours (22 Auditing, 2 Professional Development)
Delivery Method: Group Live
Program Level: Intermediate
Prerequisites: None
Advanced Preparation: None
Objectives
Moves experienced in-charges beyond the basics. Teaches how to adapt leadership style to different situations, manage multiple projects, and assume a more significant client service role, including providing great management feedback. Includes using interim, analytics, and internal controls to improve audit quality and efficiency.
Major Modules
Supervision
- Challenges and roles of a supervisor or in-charge accountant
- Principles and benefits of situational leadership
- Motivating people to peak performance
- Providing instruction and coaching to team members
- Providing superior performance feedback
- Understanding the entity and its environment, including its internal controls
- Performng evidence generating procedures to understand the entity
- Understanding and evaluating entity-level controls
- Understanding and evaluating activity-level controls
- Assessing risks of material misstatement
- Designing audit procedures that respond to risk
- Internal Controls: A fresh look at the potential benefits of testing controls
- Analytical Procedures: A top-down approach
- Complex Audit Estimates: SAS 57 uncovered
- Evaluating misstatements and the results of an audit
- Understanding the requirements of SAS No. 112 to evaluate and report control deficiencies discovered during an audit
- Best practices in client service (and missed opportunities)
- Realistic ways to generate insightful management letter comments
- Presenting control deficiencies and business advice comments to management
- Mapping out important and useful activities
- Identifying and strategizing solutions for common project issues and risks
- Appropriate procedures to shift, and how to efficiently conduct and document them
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.
