Surgent's IA Module 6 -- Internal Audit (IA) Fieldwork Fundamentals and Documentation Essentials

Available Anytime

Location: Online

4Credits

Accounting and Auditing

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~~$149.00 Regular Price~~

Nonmembers

$200.00 Regular Price

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	Name	Email	Firm Office

Product Code: SU24-IAM6-SSWC

Level: Basic

Vendor: Surgent

Field of Study: Auditing

Overview:

While risk assessment and planning lay the foundation for IA engagement programs, it is the effective execution of the program that ultimately determines the success of the IA activity in serving and adding value to its stakeholders. The results of IA engagements are derived from the critical fieldwork processes initiated and completed by audit teams and the underlying documentation developed, gathered, and maintained in support thereof. Internal Auditors must possess sound technical, analytical, organizational, and communication skills to effectively discharge their duties as key relied-upon assurance professionals for organizations. This course provides an in-depth conceptual and practical application bridge linking crucial fieldwork fundamentals with workpaper preparation and documentation essentials in promotion and development of these vital skill areas for IAs.

Objectives:

Clarify the major types and nature of IA fieldwork and the reliance expectations of stakeholders thereto
Expand knowledge of core audit fieldwork concepts and practical application skills development
Strengthen foundational IA technical, analytical, organizational, and communication skills required on the job
Apply effective workpaper preparation and self-review techniques
Identify opportunities for enhancing workpaper/documentation effectiveness and efficiencies

Major Topics:

Fieldwork fundamentals, including a discussion of the following:
- Types and nature of fieldwork
- Technical skills development
- Compliance testing of internal controls
- Substantive testing of accounts/balances
- IT/Cyber Security control reviews/testing
- Audit sampling fundamentals: Statistical/Non-Statistical
- Audit evidence and evidence gathering techniques
- Analytical/problem-solving skills development: Identification and analysis of control deficiencies/issues
- Time management, organization, and communication skills development
- Workpaper preparation and documentation basics, including best practice techniques, and workpaper self-review

Designed For:

Internal audit (IA) professionals at all levels, including consultants providing IA outsourcing, co-sourcing and/or related services and external auditors providing IA services and/or who coordinate coverage with and place reliance on the work of IAs.

Prerequisite:

Experience/interest in or general knowledge of internal auditing

Additional Info:

You will receive an email from [email protected] with instructions on how to log onto your course shortly. If you do not receive the email within the hour, please check your spam filter.

For technical support, registration questions or other customer service-related inquiries, please call (800) 778-7436 or email [email protected]. Phones are staffed from 8:30 a.m. to 5:00 p.m. Eastern Time, Monday through Thursday, and 8:30 a.m. to 4:00 p.m. Eastern Time on Friday.