Course ID: IAEA

How Internal Auditors Can Be Leveraged in External Audits


Using the work of others is one way that auditors can minimize duplication of audit efforts, which includes using the work of internal audit. This course will discuss how internal auditors can be leveraged to assist in obtaining audit evidence in financial statement, internal control, and compliance audits.


LEARNING OBJECTIVES
  • Describe the roles and tasks that may be assigned to internal auditors in an external financial statement, internal control, and compliance audit
  • Explain the responsibilities that must be retained by the external auditors
  • Discuss critical quality control issues when using the work of others, including internal audit

MAJOR TOPICS
  • Common ways that internal audit is used to assist on financial statement, internal control, and compliance audits
  • Critical planning, supervision and review responsibilities of the external auditor when using the work of others, including internal audit
  • Explain or roles and responsibilities for they key parties involved in an audit

DESIGNED FOR
Public accountants, internal auditors, and industry accountants that would like to better understand how to leverage the work of others on an external audit

PREREQUISITES
None

COURSE PRODUCER
Business Learning Institute

CPE CREDITS
2.0

LEVEL
Basic

This course is available to be scheduled as:

Group Live
 

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