Course Information
Assessing Controls in Performance Audits
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
Internal control is an important focus for auditors as they commonly identify weaknesses in internal controls as an underlying cause of organizations struggling to deliver effective and efficient results. Through lecture, group discussions, and case studies, this course provides auditors with a comprehensive understanding of the five components of internal control and the 17 underlying principles. The course will explain the audit planning and fieldwork needed to assess internal controls under Government Auditing Standards.
Course Objectives
• Demonstrate an understanding of the key concepts of internal control
• Identify and apply the five components of internal control and related principles during audits
• Apply the revised April 2021 Government Auditing Standards Technical Update for considering internal controls in coordination with the Standards for Internal Control in the Federal Government
• Integrate an assessment of internal controls in the planning phase
• Develop and report findings on control deficiencies
Prerequisites
No prerequisites required.
YB 4.23(q)
Instructors
Parker Skaats, CPA, is the founder of Parker CPE, LLC, where he designs and facilitates courses in government accounting and advanced auditing topics. His passion is providing high quality learning opportunities that improve efficiency and quality in small to midsize audit offices.
Parker’s experience includes working for the Federal Maritime Commission’s (FMC) Office of Inspector General (OIG) performing and supervising performance and financial audits under Government Auditing Standards. He has served on the Council of the Inspectors General for Integrity and Efficiency (CIGIE) Audit Committee’s Audit Peer Review Subcommittee and on the Federal Audit Executive Council’s (FAEC) Committee on Audit Training. Prior to this role, Parker worked in the accounting department of an international not-for-profit. Parker earned his B.S. in Accounting from American University and is a licensed Certified Public Accountant (CPA) in the State of Maryland.
Additional Information
TAC Rule 523.142(g) requires the CPE Sponsor to monitor individual attendance and assign the correct number of CPE credits. Participants will be asked to document their time of arrival and departure in compliance with this Rule. Additionally, attendance will be monitored throughout the day and CPE certificates will reflect actual attendance of each participant.
If you are making travel plans to come to Austin, we recommend making "refundable" air and hotel reservations or waiting until 14 days before the class to actually book your reservations. Courses are occasionally canceled or rescheduled due to low enrollment. We determine whether a course has enough participants 16 days prior to the course date. If we cancel or reschedule, we will email the participant and his or her billing contact no later than 14 days before the original class date.
A self-service vending area with beverages and snacks can be found on the first floor of our building next to the DPS office. There is also a refrigerator and microwave in our coffee bar area. Feel free to bring in your own drinks and food if you prefer.
You might want to bring a light sweater or jacket, as room temperatures vary.
To see answers to our Frequently Asked Questions, visit http://www.sao.texas.gov/training/faq.html