Experienced Staff/New In-Charge - Engagement Management and Supervision

Overview

This CPE course can be purchased individually or as part of the Audit Staff Essentials - Experienced Staff/New In-Charge staff training bundle.

Review the steps of an audit as you prepare to become more actively involved in the risk assessment process.

To prepare for managing the engagement, learn about client management, delegating for efficient engagement, developing staff on the job, providing written and oral feedback to staff, and instilling quality control on audit engagements.

Gather considerations for first-time audits, including what to look for when using their opening balances.

Review professional skepticism, including the effect that your personal biases have on audit professional skepticism.

Highlights

Key Topics

• Engagement Management
• Planning
• Materiality
• Risk Assessment
• Roles of Staff
• Budgeting
• Professional Judgment
• Professional Skepticism

Prerequisites

1-2 years of audit experience

Designed For

Who Will Benefit

• Experienced Staff
• New In-Charge Auditors
• Firms that want consistent training and level setting

Objectives

Learning Outcomes

• Identify common processes and procedures with regard to overall engagement management and supervision of the audit and staff.
• Recall the meaning of professional skepticism, specifically as it applies to auditor bias.