Audit Skills for Beginners
4.00 Credits
Member Price $149
Non-Member Price $179
Overview
Learn the basic skills new staff need to hit the ground running and efficiently complete assigned tasks, including what new auditors are expected to know and do, including the nature, timing, and extent of common audit procedures. Focus on why certain procedures are performed and perform typical procedures.
Highlights
- Professional skepticism – Creating a mindset for finding fraud and error
- Audit documentation basics – Creating workpapers that pass review
- The audit risk model – Understanding the foundational principles
- Internal control fundamentals - Satisfying the requirements for evaluating the design and implementation of internal control over financial reporting
Prerequisites
None
Designed For
Anyone who performs audits
Objectives
- Describe the importance of maintaining professional skepticism
- Explain critical elements of high-quality audit documentation
- List the characteristics of a proper risk assessment process linked to the detailed audit plan
- Describe how to satisfy the minimum requirements for evaluating the design and implementation of internal controls relevant to 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 $179
Member Price $149