This CPE course begins with recommendations for internal control an organization's management and board should consider. It examines the independent and objective values of internal audit, and observes its scope and standards. It investigates internal audit's structure and independence, and highlights advantanges and disadvantages of outsourcing the internal audit function. The course then looks at a typical audit process as it would be carried out by the internal auditor to audit an organization's systems or processes. he course then discusses types of testing and sampling auditors can perform to ensure that procedures are performed correctly. It finally addresses audit reporting, and the use of computer-assisted audit techniques (CAATs).
This course is being offered by a 3rd party vendor and will not be accessible on your My CPE page. Webinar access information will be emailed directly to you by AICPA.