Upon completion of this course, participants will be able to:
· Define and apply effective audit practices in their current environment.
· Conduct audits that make a difference.
· Deal with obstacles and barriers to effective auditing.
· Maintain emotional control in difficult situations.
· Use specific thinking and problem solving tools and techniques.
· Plan audits and better manage audit projects.
· Use data analysis to identify outliers and patterns worth looking into.
· Address challenges of fraud detection and response.
· Discuss practical approaches auditors use to add value through contract auditing
· Sell audit and control ideas to others.
· Interact more effectively with executive management and the audit committee.
Audit Purpose and Processes
Challenges in the current government audit environment
The varied roles of government auditors
Best and worst audit practices
Defining expectations for the audit committee, executives and yourself
Getting executive buy in
Enhancing Audit Effectiveness through Behavior & Communication Skills
Deciding What to Audit
A practical approach to risk
Developing your audit plan
Understanding Internal Controls
Conducting the Audit
Addressing the Challenges of Fraud & Contract Auditing
How to Sell Audit Results and Recommendations
Recognizing barriers to acceptance of recommendations
Effective approaches to selling ideas
Do’s and don’ts of dealing with management and the audit committee