How to prepare an effective audit manual for an internal audit department

OVERVIEW

This webinar will instruct attendees on how to develop an internal audit manual and offer start to finish instructions and templates on how to perform different types of audits given the project description. Audit fieldwork, audit reporting and follow-up, work-paper filing, and project closure are some of the other areas the webinar will cover.

WHY SHOULD YOU ATTEND

An audit manual is essential for adequate documentation and to ensure that the necessary steps to take during an audit are adhered to in keeping with the internal audit standards as promulgated by the Institute of Internal Auditors (IIA). There are several areas that can be covered in an audit manual, including:

• engagement letters
• planning documents
• effective audit programs
• progress update templates, and
• final reports

LEARNING OBJECTIVES

• Provide you with a basic understanding of different elements that should be included in an effective audit manual
• Detail ways to present different types of audits and what the standards dictate
• Elaborate how to plan, perform and report results of an internal audit, consulting engagement or confidential investigation audit
• Provide templates to illustrate every step in the audit process

AREAS COVERED

• Identify and collect essential pre-audit background information
• A basic understanding of the most popular types of internal audit projects
• The areas included in an audit manual
• Planning audit objectives, scope and developing an audit work program – audit planning
• Audit fieldwork
• Audit reporting and follow-up, work-paper filing and project closure
• The audit manual for a consulting engagement and confidential investigation
• Real life examples from the instructor’s extensive background in this area

WHO WILL BENEFIT?

• Internal audit personnel who perform audits and develop audit manuals
• Internal audit management interested in developing an audit manual for different types of audits
• Professionals responsible for developing manuals for performing audits
• Management concerned with efficiency and effectiveness of the audit department

SPEAKER

Marna Steuart has been in the audit industry for over twenty years. Ms. Steuart began her career with a big four firm as an external auditor, then as an internal auditor in different capacities in various industries. Ms. Steuart has performed collective bargaining contracts, and construction contract audits of several third-party contracts. She has also performed vendor contract audits of purchase power contracts and third-party vendor contracts for services throughout her career as an internal auditor. She has firsthand knowledge of where to look in a contract for possible risks and of case studies that would save thousands of dollars’ for organizations.

Others Details

Time: 01:00 PM EST| 10:00 AM PST