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Conducting Performance Audits

June 26 - 28, 2013
08:30 - 16:30, WED-FRI
Instructor: Tennant RhudyWashington, DC$895
July 30 - August 1, 2013
08:30 - 16:30, TUE-THU
Instructor: Kulanko AndrewDenver, CO$895

Overview:
Gain a strong foundation in the theory, principles and methodology for conducting performance audits in accordance with the Generally Accepted Government Auditing Standards (GAGAS). Focus exclusively on the knowledge and skills needed for performance auditing: the expectations of public sector auditors, the purposes and types of performance audits, the role of audit objectives, the types and tests of audit evidence, methods of evidence collection and documentation, and the types of performance audit findings and applicable elements of those findings. Practice audit techniques and developing audit findings through a series of case-study exercises.
Who Should Attend?
New auditors with less than six months of performance auditing experience. Anyone who has attended Basic Governmental Auditing (AUDT7001G) should not attend this course because the topics covered in this course are also included in Basic Governmental Auditing (AUDT7001G).

This course is beneficial for anyone preparing to take the CGAP Exam. Level: Foundation.
Learning Outcomes:
  • Describe the phases of a performance audit and the end product of each phase
  • Apply techniques for conducting the survey phase
  • Formulate objectives that articulate what the audit should accomplish and provide guidance for planning, field work and reporting
  • Apply a step-by-step process in planning to achieve an audit's objectives and use a matrix to document those plans
  • Apply alternative methods for collecting and documenting, and for assuring the reliability of the different types of evidence
  • Demonstrate a working knowledge of findings development and performance audit reporting
  • Outline:

    Agenda
    Module 1 - Purpose of Performance Auditing
    Module 2 - Ethical Principles and General Standards
    Module 3 - Audit Findings
    Module 4 - Evidence Test, Types and Sources
    Module 5 - Conducting the Audit Survey
    Module 6 - Planning: Defining Audit Objectives
    Module 7 - Planning: Selecting Scope and Methodology
    Module 8 - Field Work: Audit Documentation
    Module 9 - Audit Reporting
    Module 10 - Reinforcement of Learning Points



    Course Details
    CODE:  AUDT7002G
    TYPE:  Classroom-Day
    LENGTH:  3 Day(s)
    CREDITS:  24 CPE
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