Course Information
Auditing for Red Flags, Errors and Common Everyday Mistakes – And What to Do About Them
Parking for SAO, Professional Development courses is in Garage B (1511 San Jacinto Blvd.). The Garage signage may read 1511 San Jacinto or Garage B. The elevator in Garage B is not reliable. If you are unable to walk the stairs, please contact the professionaldevelopment@sao.texas.gov for alternate parking arrangements. Handicapped parking is free at the meters around the downtown area.
A course coordinator will email you a parking permit prior to the course start date. A permit must be displayed or you will be ticketed.
Course Description
‘Red Flags’ is the commonly used term for indicators in transactions and behaviors that draw out attention and require our action. And the beauty is that the same flags are used by both auditors and managers – bringing quick problem detection value to both groups.
In this program we will focus 100% on the skills, analyses, techniques and auditing tools required to find those red flags, symptoms & other in records and behaviors auditors and managers see every day. Together we’ll use the power of Critical Thinking and Root Cause Analysis to build and share lists of red flags in our work. Then we’ll build a bridge from what looks strange, odd or curious over to what to do next.
Course Objectives
Upon completion of this course, participants will be able to:
Identify red flags that match with fraud, errors and mistakes
Build audit and control steps to surface red flags, indicators & and other signs of problems
Brainstorm red flag detection steps
Detect fraud, errors and everyday mistakes via effective risk brainstorming, Critical Thinking and Root Cause Analysis
Build a ‘red flag culture’ for auditors, managers and staff
Detailed Course Outline
In this “how-to” course for government management and audit professionals, participants will build and react to red flags in:
Government benefit payments, grants and program management
Cash receipts handling and accounting
Travel and entertainment reimbursement
Purchasing card transactions
Inventory management and valuation
Long-lived assets and scrap
Reported financial results
Reported non-financial and program results
Purchasing, accounts payable and vendor transactions
Contracting relationships, related costs and results reporting
Prerequisites
A working knowledge of auditing, accounting, risk management, fraud and/or internal controls is helpful but not required.
Instructors
John J. Hall, CPA is the President of Hall Consulting, Inc., the creator of www.FraudPreventionPro.com, and the author of the award-winning book “Do What You Can! Simple Steps–Extraordinary Results”. He has been a business consultant, results coach, speaker and auditor for most of his 43-year career.
Through live skills training programs, conference keynote presentations, business and personal results coaching, and business consulting engagements, John helps program participants and client team members:
Identify and improve areas of exposure to business risk, wrongdoing, and fraud
· Improve organizational and personal performance
· Enhance the effectiveness of business processes and individual behavior
· Improve interpersonal and communications skills
Speaking, training, coaching and consulting areas include:
· Fraud Risk Management: prevention, deterrence, early detection and effective incident response
· Business keynote and conference presentations
· Communication and interpersonal behavior skills programs, including:
o Establishing business rapport and trust
o Effective interviewing and listening
o Speaking and presenting
o Selling ideas and influencing others to take action
o Leadership, collaboration and influence
o Consulting skills for professionals
· Intensive One-to-One and small group performance and results coaching
· Board and senior management anti-fraud consulting
· Audits of costs incurred in large construction projects and other contractor services
In addition to operating his speaking, training and business consulting firm since 1990, he has worked in senior leadership positions in large corporations and international public accounting and consulting firms.
John is a Certified Public Accountant (Pennsylvania). He is an active member of the National Speakers Association, the American Institute of CPAs, and the Institute of Internal Auditors.
Meet John
www.JohnHallSpeaker.com
www.FraudPreventionPro.com