Introducing new auditors to the field of auditing can feel like a daunting task. Finding good training to support the basics of auditing can be challenging to find. Do you have a rotational program and need basic audit training for new hires or transfers into the department? Audit Bootcamp is the perfect course to send new auditors to learn the basics of auditing. The course is an overview of the auditing field, key terminology, and basic beginner steps on how to audit. New auditors should not start their jobs without this training!
Who Should Attend
Financial, Operational, and Information Technology Auditors with less than two years of audit experience. Including those who would like an introduction to audit foundations
Objectives
- Overview and basics of internal auditing
- The role of audit staff
- Basic documentation techniques
Agenda
I. Introduction and Background
a. Definition of Internal Auditing
b. What do Internal Auditors do?
II. History of Internal Auditing
a. Beginnings
b. Traditional vs. Modern Internal Auditing
III. Overview of Internal Audit Guidance
a. Institute of Internal Auditors/International Professional Practices Framework
b. Code of Ethics
c. Standards
d. Practice Advisories
IV. Internal Audit Planning
a. IIA Requirements
b. Long Range Planning
c. Short Range Planning
d. Audit Risk Assessment
V. Internal Audit Process
a. Audit Assigned to Audit Plan
b. Preliminary Work
c. Development of Audit Work Program
d. Conducting Fieldwork
e. Documenting Results and Observations
VI. Sampling Methodologies and Overview of Application
a. Non-statistical Sampling
b. Statistical Sampling
VII. Internal Audit Wrap-Up
a. Audit Reporting
b. Effective Exit Conferences
c. Audit Follow-Up Basics
VIII. Flowcharting
a. Basics
b. When to Utilize
c. Storyboarding
IX. Interview Techniques
a. Basics
b. Active Listening
c. Non-Verbal Active Listening
d. Neurolinguistic Eye Cues
X. Future Steps and Hurdles
a. Discussion of future trends and techniques
XI. IT Auditing