This course is a good fit for audit team members who perform internal control walkthroughs. The main objective of the module is to help these auditors gain more value from their walkthroughs by refining their assessment of “what could go wrong” and evaluating risk.
Course ID: SBICW
The Secrets of Better Internal Control Walkthroughs
Learning Objectives
After completing this course, the auditor will be able to:
- Present a clear description of the purpose of a walkthrough.
- Apply walkthrough best practices, including.
- Develop a preliminary plan – Asking effective follow up questions.
- Make inquiries and observations outside of the accounting department.
- (Optional) Document walkthroughs using your firm’s forms/recommended documentation.
Major Topics
This course includes several video examples and real time analysis to demonstrate what is and is not a walkthrough.
Who Should Attend
Auditors who perform internal control walkthroughs on their audits.
Fields of Study
AuditingPrerequisites
None.