Audit 306: Reviewing Workpapers - A Role in Quality Control
2.00 Credits
Member Price $89
Non-Member Price $109
Overview
Reviewing Workpapers - Embracing Responsibilities for Quality Control will provide the tips and tools for satisfying important workpaper reviewer responsibilities. Audit documentation provides the principal support for an auditor’s report. Therefore, it is critical for workpaper reviewers to perform quality control procedures to ensure that technical, professional, and regulatory standards are met. In addition, the workpaper review process should be used as a tool for professional development and promoting efficient audits. Note: This course is recommended as a part of a 16-hour audit skills curriculum for in-charge or supervisor auditors, while it is also appropriate for anyone who has workpaper review responsibilities. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Highlights
The major topics covered in this course include:
- Documentation as a means of audit quality
- Responsibilities of the workpaper reviewer
- Appropriate review notes at various phases of the engagement, including before and after audit report date and report release
- Important tips for providing reviews notes that will promote an effective and efficient financial statement audit
Prerequisites
Experience preparing workpaper documentation
Designed For
Anyone who has workpaper review or quality control responsibilities on audits or other attest engagements
Objectives
After attending this presentation, you will be able to...
- Identify documentation as a means of audit quality
- Determine critical responsibilities of a first-level reviewer
- Distinguish common review notes at various phases of the audit
Preparation
None
Leader(s):
Leader Bios
Jennifer Louis, Business Learning Institute
Jennifer F. Louis, CPA, has more than 18 years of experience in designing and instructing high-quality training programs. In 2003 she formed Emergent Solutions Group, LLC, serving organizations by providing training services on a project-specific or parttime basis.
Most recently, Ms. Louis was executive vice president / director of trainingServices at AuditWatch, Inc., a premier training and consulting firm serving the audit profession. She began her career at AuditWatch as vice president of product development. Before joining AuditWatch, Ms. Louis was the financial/operational audit manager at AARP.
Ms. Louis also was an audit manager for Deloitte & Touche LLP. During her years at Deloitte & Touche’s Washington D.C. office, she was a frequent local and national instructor. She also served as an
instructor for the firm’s national “Train the Trainers” program.
Non-Member Price $109
Member Price $89