Learning Objectives:

• The steps to establish and internal audit function
• Phases of a complete audit cycle
• Methods for documenting and evaluating internal controls
• Various approaches for reporting audit results
• Sampling techniques
• The importance of following up on audit recommendations
• Auditor responsibilities concerning fraud

Course Outline:

• Understanding the Auditor’s Role
• Planning an Audit
• Internal Controls and Fieldwork
• Internal Audit Plan and Other Administrative Matters
• Reporting Audit Results
• Fraud

Rev–Oct. 2021. Course Length ≈ 60 minutes.

This course is worth 1 CPE credit.