Topic: Beginner Auditor Boot Camp
Location: George Mason University – Arlington Campus – Founders Hall
3351 Fairfax Drive
Arlington VA 22201
Date: Monday, September 16, 2013 through Thursday, September 19, 2013, 7:30 AM – 4:00 PM
Contact: Kristin Kole (703) 727-0671 firstname.lastname@example.org
Speaker: Raven Catlin
Price (click the desired price):
Early Registration (through 8/31/2013): Members - $850
Early Registration (through 8/31/2013): Nonmembers - $975
Internal Auditing is a “HOT” profession. Not only are we trusted advisors to management and the Board of Directors, but we are also getting long-deserved recognition from all levels of business professionals and regulators. Now, it is time to figure out what you’re in for and what entails this rewarding career choice you’ve made. This course will teach you the skills necessary to be an effective internal auditor.
To become a successful auditor, a strong base of knowledge and an understanding of basic auditing skills are essential. With this program, new auditors, as well as non-auditors with internal control responsibilities, can learn the ins and outs of an audit from beginning to end. You will learn how to plan an audit, conduct effective interviews, sell and communicate your results, and perform follow-up on management’s corrective actions.
Through team exercises, group discussion, and lectures, attendees will gain a foundation of knowledge that will allow them to properly prepare for and conduct a successful audit.
5 Reasons Why You Can’t Afford to Miss This Course:
- Reason #1: All auditors must be a SWAN, if you don’t attend, you will not learn how to become a SWAN.
- Reason #2: This may be the only, not to mention the best, Beginning Auditor training course you’ll find offered in the US in 2013.
- Reason #3: You will miss valuable networking opportunities with other professionals.
- Reason #4: You will miss the opportunity to explore internal audit trends and best practices.
- Reason #5: Good auditors have more opportunities for challenging assignments and have greater earning potential. Great auditors have more than just opportunities…become a great auditor!
Who should attend:
- New Internal Auditors with less than 2 years of internal audit experience.
- Auditors who are transitioning from SOX to operational, compliance, financial, IT, and integrated internal audits.
- External Auditors who are transitioning to Internal Audit.
Attendees Will (NASBA Learning Objectives):
- Learn the skills it takes to be a great internal auditor.
- Explore the professional standards for internal auditing and build a foundation to become a certified internal auditor.
- Understand the importance of relationship management in the internal audit process.
- Gain the skills necessary to conduct effective audit interviews.
- Practice essential audit skills.
- Learn risk and control concepts, how to identify and evaluate controls, and how to explain risks and intelligent controls to others.
- Develop critical communication skills, including communicating engagement results.
Course Outline (32 CPE):
1. What it takes to be an internal auditor in today’s world
2. Roles and responsibilities of Internal Auditors
3. IPPF and Internal Auditing Standards
· Building rapport
· Questioning techniques
· Active listening
· Interpreting the interview
· Best practices
5. Key concepts of internal controls
· Defining controls
· Control limitations
6. Introduction to Information Technology
· Concepts and definitions
· Control frameworks (COSO, COBIT, Netcentric, FISCAM, NIST Special Publication 800-series on Security Controls for Federal Information Systems, GAIT, GTAG)
· Role of Internal Auditors for IT and IIA standards and practice advisories
7. Introduction to Fraud
· Types of fraud
· Internal Audit’s responsibility
8. Risk assessment
· Audit planning overview
· COSO ERM
· Engagement level risk assessment
9. Audit engagement planning
· Opening meetings
· Risk and Control Matrix
· Audit Programs
10. Control identification
11. Designing tests of controls and substantial testing
· Types of evidence
· Sources of evidence
· Selecting the right test
12. Sample selection
· Non-statistical sampling
· Statistical sampling
13. Engagement documentation and workpaper requirements
· Audit Evidence
14. Writing audit observations
15. Communicating engagement results
16. Corrective action follow-up procedures
- Electronic versions of the IPPF, GTAGs, GAIT
- Sample audit programs
- Audit checklists
- Sample audit report templates
Speaker Bio: Raven (Henderson) Catlin, CPA, CIA, CFSA, is an internationally recognized speaker and instructor in risk management and internal audit. She possess over 15 years of diverse internal audit experience and 11 years of instructing and facilitating a variety of courses. With this diverse experience, Raven teaches how to accomplish goals they only dreamed possible. Through her seminars and presentations, you will gain valuable skills, motivation, and belief systems to achieve success.
Before starting Raven Global Training in 2006, Raven was a Consultant for Jefferson Wells and a Senior Manager at Protiviti. Her industry expertise and audit experience includes mortgage operations, mortgage backed securities, and capital markets. She held internal audit positions with Freddie Mac, Bank of America (formerly NationsBank), and Philip Morris. She served as an integral member of the financial restatement team for Freddie Mac, leading the documentation efforts for the capital markets division. Additionally, she created project plans and coordinated the efforts of over 150 individuals responsible for correcting security pricing as part of the Fannie Mae financial restatement. Most recently, Raven performed a business process analysis and redesign (using Six Sigma and Lean) at the World Bank / IFC.
She developed and redesigned the auditing infrastructure for internal audit functions, including developing internal audit policies and procedures, implementing audit software, designing reporting and time management templates, designing audit committee packages, and implementing databases to report and track progress of audit concerns. Raven embraces the definition of internal auditing as a value-added service and operations owners have welcomed the “fresh approach” to internal auditing.
Raven is a graduate of Virginia Commonwealth University. Raven is an active member of the IIA, including serving as District Representative, President, Broad Member, and chairperson positions for the Northern Virginia and Charlotte chapters since 1998. Raven is a contributing author to IIA’s CIA Learning System and has been published in Internal Auditor.