Building Results-Driven Audit Work

Setting the Stage: The Role of Audit
• Defining audit evidence
• Impact of audit evidence on audit risk
• Requirements from auditing standards
• Audit charter
• Compliance
• Audit work plan vs. audit checklist

Audit Development Cycle
• Closing the Loop Process

Planning—Understanding the Business
• Identifying and understanding business objectives
• Document review
• Understanding the business processes
• Documenting business processes

Planning—Scope
• SIPOC
• Defining scope—what’s in and what’s out
• Setting expectations with Management
• Scope statements

Interviews
• Information gathering and fact finding
• Establishing rapport
• Whom to interview
• Interviewing approaches and styles
• Questioning styles and approaches
• Conducting the interview
• Interviewing rules and best practices
• Communication barriers

Engagement Risk Assessments
• Understanding risk
• Types of risks—operational/financial/reputational/regulatory
• Identifying risk
• Evaluating risk
• Prioritizing risk

Identification of Controls
• Types of controls
• Control objectives
• Entity-level controls
• Activity-level controls
• Evaluating controls: design vs. operating effectiveness

Documenting Processes and Controls
• Narratives
• Flowcharts and process flows
• Walkthroughs

1ST BATCH: Tuesday, February 3, 2026 — Friday, February 6, 2026.

2ND BATCH: Tuesday, May 26, 2026 — Friday, May 29, 2026.

3RD BATCH: Tuesday, September 22, 2026 — Friday, September 25, 2026.

The training methodology integrates lectures, interactive discussions, collaborative group exercises, and
illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical
experience, emphasizing the application of learned techniques. This approach ensures that attendees return
to their professional environments equipped with both the competence and self-assurance to effectively
implement the acquired skills in their responsibilities.