The auditor-in-charge (AIC) often decides whether an audit engagement succeeds. This 90-minute auditor-in-charge training explains the skills the role demands and the responsibilities that come with it.
You'll review the IIA and GAGAS standards that apply to the AIC, the skills and attributes needed (audit knowledge plus communication, organizational, interpersonal and leadership skills) and an audit skill assessment tool. The session then follows the AIC's duties through the engagement: pre-audit administration, preliminary survey, objectives and scope, entrance conference, fieldwork supervision, workpaper review, draft report, exit conference, wrap-up and follow-up.
WHY SHOULD YOU ATTEND?
The AIC directs the audit team, assesses the quality of their work, keeps audit management and clients informed, drafts the report, prepares for the exit conference and evaluates team performance, among many other tasks.
This session helps staff, government and compliance auditors, internal control and quality control specialists, public accountants and analysts prepare to lead engagements.
AREA COVERED
Audit standards for the auditor-in-charge
- IIA standards
- GAGAS standards
Skills and attributes
- Audit knowledge
- Communication skills
- Organizational skills
- Interpersonal skills
- Leadership skills
- Audit skill assessment tool
Responsibilities
- Pre-audit administrative duties
- Preliminary survey
- Developing audit objectives
- Determining the audit scope
- Entrance conference
- Supervising fieldwork
- Reviewing workpapers
- Writing the draft audit report
- Exit conference
- Wrap-up
- Follow-up
LEARNING OBJECTIVES
- Apply the IIA and GAGAS standards that relate to the auditor-in-charge
- Identify the knowledge and skills an effective AIC needs
- Assess your own audit skills with an assessment tool
- Plan an engagement through preliminary survey, objectives and scope
- Supervise fieldwork and review workpapers
- Draft the audit report and lead the entrance and exit conferences, wrap-up and follow-up
WHO WILL BENEFIT?
- Staff Auditors
- Government Auditors
- Compliance Auditors
- Internal Control Specialists
- Public Accountants
- Accounting Analysts
- Business Analysts
- Quality Control Specialists
The AIC directs the audit team, assesses the quality of their work, keeps audit management and clients informed, drafts the report, prepares for the exit conference and evaluates team performance, among many other tasks.
This session helps staff, government and compliance auditors, internal control and quality control specialists, public accountants and analysts prepare to lead engagements.
Audit standards for the auditor-in-charge
- IIA standards
- GAGAS standards
Skills and attributes
- Audit knowledge
- Communication skills
- Organizational skills
- Interpersonal skills
- Leadership skills
- Audit skill assessment tool
Responsibilities
- Pre-audit administrative duties
- Preliminary survey
- Developing audit objectives
- Determining the audit scope
- Entrance conference
- Supervising fieldwork
- Reviewing workpapers
- Writing the draft audit report
- Exit conference
- Wrap-up
- Follow-up
- Apply the IIA and GAGAS standards that relate to the auditor-in-charge
- Identify the knowledge and skills an effective AIC needs
- Assess your own audit skills with an assessment tool
- Plan an engagement through preliminary survey, objectives and scope
- Supervise fieldwork and review workpapers
- Draft the audit report and lead the entrance and exit conferences, wrap-up and follow-up
- Staff Auditors
- Government Auditors
- Compliance Auditors
- Internal Control Specialists
- Public Accountants
- Accounting Analysts
- Business Analysts
- Quality Control Specialists