Description

An audit methodology is where the rubber hits the road on an audit. So, are you cruising or skidding? Have you ever wanted to say something in your audit report that you can’t support with evidence? Or have you ever wasted a significant amount of time on an audit methodology that you didn’t need to perform? Are you using a canned audit program that was created years ago for someone else's audit? In this fast-paced course, we will design audit methodologies that get you where you want to go quickly and easily. We will re-evaluate the audit procedures you are currently using and make sure that your audit programs help keep the audit team on the right path. Critical audit tests will be scrutinized for how direct, safe, and quick they are. The resulting working papers will convince your audit leadership that you can confidently conclude against your audit objective. Learning Objectives:

• Choose an appropriate methodology for a variety of objectives
• Discern strong evidence from weak evidence
• Evaluate whether your audit objective is auditable
• Imagine the audit report that will result from performing test work
• Estimate how much time each methodology will consume
• Relate the time investment to the audit objective and project budget
• Develop a stand-alone working paper for a methodology
• Document your work in compliance with GAO, IIA, and AICPA audit standards

Program Knowledge Level: Basic NASBA Field of Study: Auditing (Governmental) Formal Learning Program Type: Group Learning Format: Webinar or In-Person Who Should Attend: Auditors Prerequisites: None Advance Preparation: None Recommended CPE Credit: 8 Hours Instructor: Leita Hart-Fanta, CPA Questions? You can find our FAQ here.