California Association of State Auditors

This two part series will help the advanced auditor and new senior auditor. Participants will enhance existing audit knowledge to ensure they have the skills to effectively perform their job. Participants will have hands on practice with risk assessment, audit planning, workpaper documentation, workpaper review, and audit finding review. With the added responsibilities as an advanced auditor, the course also provides some time management techniques.  

Part 1: Monday April 29 and Tuesday April 30, 8:30am-12:30pm

Supervising Audits (8 CPE)

1. Introduction & Learning Objectives
2. Becoming the best lead auditor/in-charge auditor
   1. What makes a good AIC?
   2. Manager traits and behaviors
   3. AIC roles and responsibilities
3. Time Management for auditors
   1. Time management techniques
   2. Team time management
   3. Skills Practice: Budgeting for time and deadlines
4. Managing Audit Projects
   1. The project team
   2. The project plan
   3. The project risks & risk responses
   4. Skills Practice: Project Risk Response Plan
   5. Scope creep: Prevention, Detection, and Response
   6. Project status reports and interim meetings
   7. Escalation planning
5. Planning Your Audit Engagement
   1. Setting audit objectives
   2. Completing the risk and control matrix (RCM)
   3. Right-sizing the audit scope
   4. Capacity planning and budgeting
   5. Determining audit milestones
   6. Skills Practice: Audit Project Planning (budget, scope, milestones)
   7. Using checklists

Program level: Basic
 
Prerequisites: Beginning Auditor Bootcamp or 1.5 years of audit experience
 
Advanced Preparation: None
 
Instructional Method: Group-live
 
Recommended CPE credit to be awarded for the program: Field(s) of Study – Professional Development (4), Auditing (4)