Gain the skills necessary to audit financial-related activities and controls on a systems-procedure and results-outcome basis in accordance with auditing and internal control standards. Learn to plan and conduct audits of eight common financial activities: financial planning and budgeting, cash, receivables, procurement, payables, property management, employee compensation, and financial reporting.
Who Should Attend?
Auditors who assess financial-related activities and controls. This course is beneficial for anyone preparing to take the CGAP Exam. Level: Intermediate.
Learning Outcomes:
Explain the purpose and operation of financial support activities and the controls generally applicable to these activities
Plan a review of financial activities using a "systems-procedure" approach and an "outcome" approach
Measure the performance of financial activities
Evaluate the application of control activities with respect to planned objectives
Identify and detect unauthorized use of resources and illegal and unethical acts
Formulate effective recommendations for needed improvements (cure and prevention)
Outline:
Syllabus -- Assessing Financial Related Activities and Controls, AUDT8811G, Grad. School, USDA
