Make the Transition into Internal Auditing Quick and Simple!
Audit Fundamentals brings new auditors and subject matter experts recruited into the
audit department up to speed on the basics of internal auditing. At the conclusion of the course,
participants will be able to use their subject matter expertise on teams to accomplish the internal audit
mission.
What You Will Learn:
- An overview of, and the differences between, the various internal control studies
- The differences between the roles of internal and external audit
- How audit is part of the corporationˇ¦s assurance function
- Confidentiality and legal issues associated with internal auditing
- Basic auditing data gathering, testing and documentation skills
- How much testing evidence is required
- Audit Committee interactions
- Recognizing situations that require Attorney / Client Privilege
Topics Covered:
- Internal Audit - Definition and Role
- Differences between Internal and External audit
- Overview of audit professional organizations IIA, ISACA, AICPA
- Information gathering skills
- Documentation guidelines
- Basic control testing techniques
- Overview of key audit standards
- Internal Audit Charter
- Relationship to Audit Committee
- Definition of internal control
- Attorney / Client privilege
Who Should Attend:
All new recruits into internal audit departments regardless of their prior experience.
Prerequisites: None
Bio of Instructor: Liz Meyers:
Prior to forming her company, Focus on Risk Enterprises, Liz was the chief auditor at Sysco Corporation, the nation's largest food distribution and Fortune 100 Company based in Houston, Texas. Liz implemented the RBIA methodology within SYSCO. Almost immediately, the operating company presidents and CFOs perceived the value of the internal audits begin to increase. By refocusing audits to identify key risks and determine with reasonable assurance whether those risks were mitigated or not, the internal audit department was being viewed as a knowledgeable and valued partner by their customers.
Liz is a CPA, and has an MBA from the University of Houston. Early in her career, she worked with Arthur Andersen, LLP and TME, Inc. Recently, the Association of Women in Computing recognized Liz's achievements with the Leadership in Technology Award in 2007.
Liz is known for problem solving, motivation and leadership skills. She has had the opportunity to exercise these skills during her 12 years of management at SYSCO, including the positions of Chief Auditor and Sr. Director in Information Technology.
Liz will work with you to bring the same results to your team!
TX Board of Public
Accountancy Sponsor Number: 009317
Cancellation Information:
Cancellation Date: September 6, 2010
To cancel your registration from this course, please call or email the course
contact listed below. If a cancellation is received after the cancellation
date, the registrant will be charged $85 for course materials.
If you are making travel plans to come to the training, please make "refundable" air and hotel reservations or wait 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 no later than 14 days before the original class date. Solutions Training will not pay for cancellation/change fees associated w/travel and hotel arrangement changes.
Location: ONE HIGHLAND CENTER, 314 E. Highland Mall Blvd., suite 403, Austin, TX
78752
For additional information about this class, please
contact Shannon Bieberdorf at Shannon-solutions@austin.rr.com,
(512) 914-5557.
