Sound client and engagement management can influence both the effectiveness and efficiency of an audit engagement. This module will provide guidance on how to maximize return on time spent with critical areas, such as budgeting, scheduling, client assistance and delegation.
Course ID: MBHCE
Managing the Black Holes of Client and Engagement
Learning Objectives
Upon completion of this course participants will be able to:
- Discuss the role of the in-charge, senior or supervisor for client and engagement management • Explain guidelines for better engagement budgeting
- Describe tips for better engagement scheduling
- Discuss supervision and delegation techniques
Major Topics
- Importance of quality control on audits
- Why budgets are not used, and how to overcome the barriers to success • Determining useful budget amounts to use as a tool
- Better engagement scheduling tips for improved efficiency
- Making sure the client is ready on the first day of the audit
- Delegating for professional development and leveraging audit hours
- Handling difficult delegation scenarios
- Better engagement wrap-up tips and techniques
Who Should Attend
Accountants with responsibility for management clients and engagements
Fields of Study
AuditingPrerequisites
Experience on basic audit engagements