Page 22 - Verracy's 2019 Course Catalogue

A Practical Approach for Ensuring IPE New Auditor Tools & Techniques
Requirements and Data Integrity

IA-113 16 IA-114 32

CPEs CPEs

“When we look at an audit, the failure rate has been in a range New auditors need to start somewhere, start here! This course
of 35 to 40%.” covers the fundamentals needed for a new auditor to be
Martin Baumann, the Chief Auditor for the Public successful and immediately start contributing. The entire audit
Company Accounting Oversight Board (PCAOB) in a cycle will be reviewed from planning to report issuance to
statement to the New York State Society of CPAs on post-audit follow up. New auditors will gain an understanding
January 24, 2014. of governance, internal control environments and frameworks
as well as client relationships. Participants can expect to gain
Mr. Baumann’s comments triggered a dramatic change in the insights and techniques they can apply immediately.
way auditors, both internal and external, reviewed and relied
upon information produced by the organization for decision This course is designed for internal auditors with 0-3 years’
making and control environments. Expectations have risen experience who want to learn tools and techniques to build or
dramatically regarding how auditors should identify, evaluate, improve their audit skills. The course is taught with an inter-
and ultimately rely upon information generating within the active approach through a combination of lecture, discussions,
organization. Ensuring data integrity for reliance in audit, data small group and individual exercises and real-world case
analytics and reporting is a crucial element in auditing. studies.

This course will help auditors navigate the requirements regard
ing Information Produced by the Entity (IPE) and ensure data in-
tegrity within their organization and audits. The course provides
an interactive learning approach through lecture, case studies,
examples, and exercises.

What You Will Learn: What You Will Learn:
• Understand IPE and its uses in your organization • Identify the core elements of the International Professional
• Understand the most common issues with IPE and how to Practices Framework (IPPF)
identify them during an audit • Identify the components of the COSO Internal Control
• Learn to evaluate the reliance on IPE in your organization Framework
and the importance of prioritizing the audit approach • Roles and responsibilities of audit staff & management
from a risk-based perspective and the auditee
• Learn a practical approach to understanding, documenting • Understand the components of the audit planning.
and testing the accuracy of IPE • Learn effective interviewing skills
• Learn how to vet, validate, and ensure data integrity for • Identify best practices for conducting an audit risk assess-
all reporting and data usage ment, walkthrough, and audit program development
• Understand process documentation methods
• Learn best practices for audit observations and findings
and recommendations
• Understand what makes for effective reporting
Group Live | 2 Days | Intermediate | Auditing Group Live | 4 Days | Basic | Auditing
Who Should Attend: Internal Audit Staff & Management Who Should Attend: Internal Audit Staff & Management
Prerequisites: Minimum of 2 years general audit experience Prerequisites: None